Case Study: Polycom achieves automated FX gain/loss reporting—cutting analysis from days to hours and improving hedge decisions with GTreasury

Polycom - Customer Case Study

Polycom, a global communications company, struggled with a tedious, manual process to analyze foreign currency gains and losses and to meet tight quarter‑end reporting deadlines. To remove currency volatility from the P&L and speed up variance analysis, Polycom partnered with GTreasury to implement the Reconcile‑to‑Zero (RTZ) feature of the Capella FX derivative accounting software.

GTreasury’s RTZ automated the complex FX gain/loss analysis, cutting Polycom’s reporting cycle from days to hours and automatically attributing impacts to the eight legitimate sources of currency variance (by currency and entity). The solution produced both summary and detailed reports for management and treasury, improved SOX controls and reduced key‑person risk, and gave Polycom faster, more accurate insight for better hedge decisions.

Polycom

Grace Wong

Assistant Treasurer