We're looking forward to showcasing the newest feature in our CapellaFX software. We believe that Reconcile-to-Zero will meet a need in the industry that hasn't yet been successfully met.
San Jose, California (PRWEB) October 16, 2014
Hedge Trackers LLC, a premier advisor to, and technology provider for, corporations using hedges and hedge accounting to protect margin, has announced the launch of Reconcile-to-Zero™ (RTZ). RTZ is a first to market feature for Capella Foreign Currency hedge accounting software, which will be debuted by Hedge Trackers at the 2014 AFP Annual Conference in Washington, D.C., Nov. 2-5.
Designed to automate the time-consuming task of reconciling the foreign exchange re-measurement gain/loss line, RTZ efficiently categorizes the sources of FX gains and losses and provides actionable information. This information helps improve hedge results and creates reliable SOX controls that positively impact the bottom line.
Hedge Trackers will provide private, scheduled demonstrations of RTZ and its Capella Foreign Currency hedge accounting software in Booth #1244 during AFP. Those interested in scheduling a demo can email press(at)hedgetrackers(dot)com.
In addition to personal demonstrations at the Hedge Trackers booth, AFP Annual Conference attendees can sit in on a presentation entitled “Solving the FX Puzzle for Polycom,” which will be led by Walter F. Boileau, CTP, Vice President and Corporate Treasurer of Polycom. Boileau will discuss how integrating Capella’s RTZ feature enabled the Company to automate its balance sheet hedge performance reporting in order to focus on preparing value-added analysis. Boileau is slated to speak on Tuesday, Nov. 4 at 8:30 a.m.
“We’re looking forward to showcasing the newest feature in our CapellaFX software,” said Helen Kane, President and Founder of Hedge Trackers. “We believe that Reconcile-to-Zero will meet a need in the industry that hasn’t yet been successfully met – enabling corporations to quickly, efficiently and reliably evaluate consolidated FX gain/loss reporting by currency, supported at the trade and transaction-level by entity and currency. Polycom’s implementation of RTZ illustrates that it’s possible to support company goals – and the company’s bottom line – in an automated, purposeful approach.”
For updates to Hedge Trackers’ agenda during AFP, follow the company on LinkedIn or Twitter. Journalists interested in speaking with Kane or setting up a private demo can email press(at)hedgetrackers(dot)com.
About Capella Foreign Currency Derivative Accounting and Trade Management Software
Affordable, reliable and versatile, Capella Foreign Currency is the user-friendly and feature-rich software solution that corporations can use to manage an FX hedge program while staying compliant with domestic and international GAAP and related regulations. Capella Foreign Currency derivative accounting and trade management software manages documentation and disclosures, trade activity, monthly accounting and more – and it’s always updated with the latest regulatory requirements. Click here to watch a video introduction to Capella Foreign Currency or visit http://www.hedgetrackers.com/capella.
About Hedge Trackers, LLC
For more than a decade, Hedge Trackers’ globally compliant financial accounting and reporting services have empowered U.S. corporations to effectively and confidently hedge foreign currency, interest rate, and commodity risk. Hedge Trackers offers unparalleled software solutions, derivative accounting capabilities and consulting services. The Silicon Valley-based company has set up successful hedge programs for hundreds of Fortune 100 to Fortune 1000 companies. For more information, visit the company at http://www.hedgetrackers.com.