Case Study: Euclid Systems Corporation achieves fast, accurate multicurrency consolidations and streamlined spreadsheet rollups with DataRails

DataRails Makes FX Conversions and Spreadsheet Rollups Smooth-Sailing Processes for Euclid Systems

Euclid Systems Corporation, a Sterling, Virginia–based maker of specialty orthokeratology contact lenses, was struggling with multicurrency consolidations and an ERP that lacked robust reporting or consolidation functionality. CFO Allan Kaplan needed a simple, easy-to-understand consolidation rollup solution, and chose DataRails to address those gaps.

DataRails enabled Euclid to load trial balances and FX rates, upload spreadsheet budgets and manage multiple versions, map accounts for US GAAP and IFRS rollups, and drill down into base accounts for fast reconciliations. The result: reliably consolidated numbers, on‑the‑fly actual vs. budget comparatives, and a dramatic time savings—monthly FX conversion and consolidation validation dropped from roughly a day to about an hour—making the process simpler, faster and more trustworthy.

Euclid Systems Corporation

Allan Kaplan

Chief Financial Officer