When it comes to financial reporting for businesses operating globally, it is important to have FX data that comes from a reliable source that is trusted by your auditors. Companies that automate FX rates retrieval will reduce time spent on manual data entry, eliminate input errors, and ensure audit compliance.
OANDA’s flexible exchange rates API makes it easy for companies to automate the import of FX data, but it can be challenging to obtain the necessary integration resources from your IT team. Because rates automation is critical for your business, OANDA has partnered with integration solution providers (iPaaS), data uploaders, and ERP systems to reduce any friction in implementing full FX rates automation.
OANDA has relationships with several data uploaders like FXLoader, GCON4, and Brisken who help install and configure OANDA’s API into your system. If you choose to access our data through one of these platforms, you can be assured that accurate currency rates will continue to flow into your system, even as your ERP goes through regular maintenance and upgrades.
Integration Solution (iPaaS)
The rise of API platforms allow companies to connect with the latest products without expensive system upgrades, but it does require a dedicated resource within your company to build connections to your infrastructure and manage updates to ensure that you’re receiving OANDA data in the correct formats. This has led to a rise of integration platform as a service (iPaaS) companies like Dell Boomi that help to more seamlessly manage your portfolio of integrations.
OANDA partners with major ERPs to streamline integration. One partner, Microsoft Dynamics 365, makes the rates upload process seamless for Dynamics customers. By simply signing up for an OANDA subscription on AppSource, just input your unique API key within Dynamics and you’ll get access to the gold standard in FX data within your ERP. OANDA is also partnered with Sage Intacct to provide the default FX data to its customers.
Our integration partners enable finance, product, and engineering professionals to easily integrate accurate foreign exchange data into their systems. Find the right partner to support your integration needs with our Integration Matrix.
Talk to our FX Experts to learn about solutions for integrating OANDA Rates®. If you work with an integration partner that isn’t currently listed, please reach out as our team is constantly establishing new partnerships to make accessing OANDA Rates® as seamless as possible. Also reach out if you would like to become an OANDA partner.