Multi-national companies need to balance the financial reporting requirements of each native entity with a consolidated view of the entire company in a single currency.
Budget Maestro multi-currency budgeting software enables multinational companies with global entities and subsidiaries to budget and forecast in multiple currencies and perform currency conversions for any number of denominations.
With a few clicks, the system will automatically convert and consolidate multiple currencies into the desired reporting currency in real time.
Budget Maestro multi-currency capabilities enable you to:
- Collect operational forecast from multiple divisions or subsidiaries in local currencies and convert that data into a single reporting currency
- Set default currencies by subsidiary or any entity for budgeting and reporting
- Modify exchange rates on a monthly basis by version and generate reports based upon those versions to analyze variances