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Multicurrency

Unparalleled flexibility for global finance teams. Plan across regions, track vendor payments in local currencies, or consolidate financial reports, all powered by Cube's enterprise-grade reliability.

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SEAMLESS GLOBAL FINANCIAL OPERATIONS

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Ultimate Currency Flexibility

View data in any currency instantly, with real-time, accurate conversions.

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Localized Planning & Budgeting

Teams can plan in local currencies while Cube handles consolidations for reporting.

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Adaptable to Any Structure

Cube flexes to your unique organizational hierarchy and currency requirements.

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Key Capabilities

Financial-reporting

Flexible Currency Switching

Switch between any currency instantly: view actuals in USD, plan in EUR, and analyze variance in GBP, all from the same dataset without rebuilding reports.

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Local Currency Planning

Enable international teams to plan in their local currencies while automatically consolidating to parent entities, maintaining accuracy and customization.

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Multi-Currency by Subsidiary

Handle complex cases like varying exchange rates for the same currencies pairs across subsidiaries—ideal for companies with acquisitions or hedging strategies.

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Flexible Hierarchy Management

Adapt to any organizational structure, from simple parent-child relationships to complex multi-tiered hierarchies with different base currencies at each level.

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Dynamic Rate Management

Configure FX rates by period, account, or subsidiary with the flexibility to override rates for specific scenarios or maintain different rates for different business purposes.

Results from teams who got their data under control

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Now with Cube, we spend more than half our time on strategic work—partnering with the business instead of cleaning up the numbers.

James Mann


CFO

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We went from drowning in data to delivering insights our executive acts on.

Stuart Ferguson


CFO

Read customer stories

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Still have questions?

What is multicurrency planning in Cube?

Multicurrency planning in Cube enables finance teams to plan, forecast, and report in multiple currencies while automatically converting data into a parent reporting currency.

How does Cube support global teams with multicurrency planning?

Cube allows distributed teams to plan in their local currencies, and based on the parent currency you set in Cube, it automatically handles conversion and consolidation to the top to streamline global FP&A.

Can Cube handle different exchange rates for the same currency pair?

Yes. Cube supports entity-specific exchange rates, enabling accurate modeling for organizations who may use different FX rates for the same currency pairs (i.e. two separate rates for EUR → USD). This supports companies with multiple subsidiaries, acquisitions, or hedging strategies.

What are the benefits of multicurrency planning?

Multicurrency planning improves accuracy, reduces manual effort, and ensures consistency in global forecasting, especially for companies operating across different regions. Instead of forcing global teams to manually convert their budgets or forecasts to the consolidated currency before submitting to finance, they can simply submit their plans to Cube and our platform will automate that process. Finance can then fetch the consolidated outputs and trust that the data is accurate.

Does Cube automatically update foreign exchange rates?

Cube can integrate with systems that provide updated FX rates, such as https://openexc.com/, or you can manually manage and configure exchange rates within the platform.

How does Cube consolidate global data for reporting?

Cube automatically converts and consolidates data across multiple currencies into the parent company’s reporting currency based on currency pairs that are set up in your Cube. These currency pairs are applied per entity, so that teams can consolidate to sub-level parents or globally.

What use cases does Cube support with multicurrency planning?

Common use cases include headcount planning, vendor and CapEx planning, scenario modeling, and consolidated reporting across entities.

Can I customize exchange rate logic in Cube?

Yes. Cube allows you to set default exchange rates, override them for specific subsidiaries or time periods, and apply custom logic as needed.

Is Cube suitable for companies with complex corporate structures?

Absolutely. Cube is built to support companies with international subsidiaries, M&A activity, and varied reporting needs, making it ideal for complex finance organizations.

How does Cube compare to Excel or Google Sheets for multicurrency planning?

Unlike spreadsheets, Cube automates currency conversions, reduces errors, and centralizes data, which saves time and improves accuracy in global FP&A workflows.

Still have questions?