Manage Global Pricing with Multi-currency Exchange Rate Support in Cloud Assert Billing

Cloud Assert introduced a new feature ‘Multi-currency Exchange Rate’ on top of the Hybr billing and cost management solution that enables tailored pricing – localized pricing packages to cater the unique needs of your customers in every geography.

Having said, you can define the pricing in source currency, and convert it to the localized currency according to the current exchange rates.

All the registered companies will be listed Under the Billing Account, here you can specify your customers’ billing currency (Target currency) that caters to their organization needs

(In the above screenshot Armenian Dram is the Target currency)

You can set prices in the following pricing models(Fixed payment, Pay-as-you-go and Hybrid), and apply credits, enable tax and select the source currency (which is to be converted) in the pricing profiles to bill customer. in their localized currency with ease.

(In the above screenshot INR is the source currency)

Billing Module → Settings tab → Exchange Rates

You need to set the Source currency, Target currency, Start End and the Exchange rate in order to convert the currency based on the current exchange rates to the localized/ Targeted currency.

The invoice will be generated with the targeted currency under the billing account.

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Read our recent blog on Microsoft CSP Azure plan: Get New Commerce Experience with CSP Azure Plan