Case Study: Hologic achieves automated, accurate FX rate reporting with insightsoftware FXLoader

Hologic, Inc. uses FXLoader for Oracle E-Business Suite to automate access to latest currency exchange rates.

Hologic, a $2.5 billion global healthcare and diagnostics company, needed a better way to manage the time-consuming maintenance of FX rates for 35+ currencies in Oracle E-Business Suite. The company turned to insightsoftware’s FXLoader to address the challenge of ensuring accurate, timely daily and period average exchange rates.

With insightsoftware’s FXLoader suite — including Daily Rates Load, Period Average Load, Daily Rates Report, and Rates Web Page — Hologic fully automated the loading of 500+ currency pairs each night. The result was 100% automated access to trusted market FX rates, quicker installation and testing, and freed-up accounting resources, helping Hologic’s Oracle environment run smoothly without missing rates or downtime.

Hologic

Kevin Brownlie

Senior Director, Business Apps/Tech