THE AMOUNT, THE TIMING, AND THE TERMS,
WITH EVIDENCE YOU CAN STAND BEHIND.
The need, the amount, the timing, the market, and the evidence. Okoora operates that work continuously, under your policy, so every conversion is priced against the live market, and the reason it ran when it did stays on the record.
This work runs in three shapes, and all three land on the same desk.
01.
The conversion that simply happens.
A payment is due in a currency you do not hold. Somebody converts, at whatever the rate is that morning, because the payment cannot wait. It is not a decision. It is a reflex, repeated hundreds of times a year.
02.
The rate nobody can answer for.
Was it a good rate. Compared to what, at which moment, against which market. The question is reasonable, it is asked by the board and by the auditor, and there is no place to look it up.
03.
The timing that is never really chosen.
Convert all of it now, convert it in parts, or wait a few days. Each one has a different cost. The choice is made by whoever is closest to the payment, under the deadline of the payment.
The chain
One word, and a chain of work underneath it.
Conversion. FX. Exchange. Whatever it is called, the same chain runs every time.
The need appears.A payment in another currency, a balance in the wrong one, a collection that landed where it is not useful.
The amount is set.All of it, part of it, or only what is required by the date.
The timing is chosen.Now, in tranches, or on a date. Each one carries a different cost, and doing nothing carries one too.
The market context is established.The live rate, the recent movement, and the conditions around the decision.
The available terms are compared.Okoora evaluates the relevant available provider and execution alternatives for the currency pair, amount and value date. The rate, applicable fees and settlement conditions are considered together before the decision moves through policy and approval. Compare relevant FX providers and business rates →
It is checked against policy.The limit, the mandate, the entity, and who is permitted to act at that size.
It runs.The money is converted, and it lands where it is needed.
The evidence is written.What the rate was, what the market was at that moment, who decided, and why then.
And the result is reviewed.Not to reopen the decision, but so the next one is made on more than a reflex.
And the need keeps arising.Another balance lands, another payment requires a different currency.
The same chain, running continuously
What changes when the work runs continuously.
Okoora operates this work as a live process rather than a reflex triggered by a payment. The conversion stops being something that happens to you, and becomes something you run.
The need enters the chain when it forms.Not when the payment is already due.
The amount and the timing arrive as a recommendation, with what each option costs.All of it, part of it, or on a date, priced.
Each supported conversion can be evaluated against current market context and relevant available quotes, including the applicable transaction terms.The selected route and timing remain subject to the customer’s policy and authority.
Policy is checked before it runs, not after.The limit, the mandate, the entity, and the authority to act at that size.
Transactions may progress within approved policy where the workflow is configured and authorized.Transactions requiring approval or review are held at the applicable control point.
The evidence is written as it happens.The rate, the market at that moment, the reason, and who decided. Ready when the question comes, months later.
The outcome stays on the record.The result can be reviewed against the market context and the reason the conversion ran, so the next decision starts with evidence, not memory.
The work runs as a system. Your team applies judgment where it matters.
Control
You decide how far it goes.
You set what the system watches, what it prepares, what it recommends, and what it is permitted to act on. Everything runs inside your policy, and every step is recorded.
Start with the work you actually do.
Describe the three pieces of this work that cost you the most today. We map them, define how far the system should act on each, and where the action sits. You leave with the first workflow worth operating, and what it takes to run it.
