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Status Functionality already exists
Workspace IBM Envizi - ESG Suite
Categories Base Platform
Created by Guest
Created on May 9, 2024

RELATED IDEAS

Support custom exchange rates set by a customer or ingested from another platform that the client is using.

Businesses who use Envizi for energy management, budget tracking and/or for its market-based emissions report and capabilities are often interested in the cost of RECs and equivalents. 

These businesses are looking to budget and forecast cost using e.g. their own fixed exchange rates for a whole year, for consistent reporting. The topic was raised with regards to hyperinflation in Argentina, where a custom exchange rate is desirable to make planning more straightforward. 

The client would like to either load their own exchange rates, or have them ingested from another software platform that they use, to better suit their reporting needs, consistently with their other teams.

Idea priority High
Needed By Month
IBM Wide Managed Tags: Ideas Source: IBM Business Partner, Type: Functional, Blocker to Sell, Product: SaaS
  • Post comment
  • Admin
    Eugene Yu
    Reply
    |     May 13, 2024

    Custom exchange rates are supported in Envizi.

    It is an undocumented feature as there is no user interface to allow end users to upload custom exchange rates – it can only be done via a backend loading process.


    But once loaded, custom exchange rates will take precedence over Envizi’s standard exchange rates and will be used in most dashboards and reports that involve currency conversions.


    The ‘Extract for Currency Rates’ report can be used to view and verify the custom exchange rates used, if any.

  • Admin
    Michael Dunbar
    Reply
    |     May 13, 2024

    We do already support the ability for clients to use their own custom exchange rates. I will leave it to Eugene to provide more detail.

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