GroundTruth provides real-time, location-based marketing, without the guesswork.

Since 2009, Groundtruth has grown from four founders to hundreds of employees across three continents that serve millions of consumers and marketers.

Groundtruth implemented Oracle Financials Cloud for their global business. They need to retrieve and upload 276 rates daily between 23 currencies. Average rates are also needed once per month, for YTD, QTD, and PTD averages. Market rates are needed between three base currencies and 23 currencies, with other cross rates created via triangulation. The rates need to be available by the start of the working day in China.

Rates Source Groundtruth chose OANDA as one of the most authentic and reliable sources of market rates. FX Loader allows them to get all rates for their three main currencies directly from OANDA and all other cross rates via triangulation calculation. Automation 100% automation is provided. FX Loader’s scheduling options allow rates to be fetched from OANDA as soon as they are published, then loaded into Oracle ERP Cloud two days ahead to ensure rates are available at the start of China’s working day. The process runs silently, with email alerts only if an issue occurs. Simplicity The FX Loader Cloud Service offers a set of intuitive pages to allow configuration changes, including currencies, triangulation, rounding, and scheduling. Deployment Speed Initial configuration into a test environment can be completed in a few minutes.

Load market currency rates into ERP Cloud daily.

Configure FX Loader Cloud Service to load rates from OANDA.

• 100% automated availability of latest exchange rates

• Trusted authentic source of market & official FX rates

• Exception-based reporting of progress

• Quick and simple configuration