Case Study: Invoca automates multi-currency FX rate management with insightsoftware FXLoader

Invoca Automates Foreign Exchange Rate Management With FXLoader

Invoca Inc., an AI-powered revenue execution platform, needed a better way to manage foreign exchange rates as it expanded into the UK and other European markets. The company wanted to invoice customers in local currencies while still consolidating financials in U.S. dollars, but its finance team was stuck with manual currency updates or the prospect of building a custom integration. To avoid diverting IT resources and to support scalable, auditable financial systems, Invoca turned to insightsoftware’s FXLoader.

insightsoftware implemented FXLoader to automatically pull trusted FX rates and load them into Invoca’s Oracle NetSuite ERP and Zuora billing platform. The solution eliminated manual rate updates, enabled invoicing in GBP and euros, and supported clean USD consolidation for reporting. According to Invoca, the integration has been “rock solid,” reduced finance and IT effort, and created a foundation for future expansion into Salesforce for local-currency quoting and forecasting.

Invoca

Matt Loos

VP of Business Systems