Dycotrade

Working together on a better tomorrow.

Website LinkedIn 100 employees Molenvlietweg 26, 1432 GW Aalsmeer, Netherlands

Company Overview

High-level end-to-end software solutions for commodity and trade companies all over the world. DycoTrade delivers commodity ERP software that helps commodity trading companies become more agile, efficient, and profitable. Our solutions are built on Microsoft Dynamics 365 Finance & Supply Chain Management (F&SCM) and are specifically designed for physical commodity trading and risk management (CTRM). The combination of Microsoft and DycoTrade delivers the best of both worlds: the powerful foundation of the leading Microsoft SaaS platform – including hosting, data security, worldwide localizations, and scalability – combined with DycoTrade’s deep expertise in commodity trading software and physical commodity markets.

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IP Solutions & Accelerators

Name	Description	Link
Multi Country Sales Tax Module (MCST)	Administering sales tax declarations across different EU countries can indeed be challenging. Standard Dynamics 365 (D365) doesn’t fully support this functionality, often requiring the setup of different legal entities, which adds administrative burden. This is where the DycoTrade Multi-Country Sales Tax (MCST) module comes in. The core issue with standard D365 is that it only considers one side of the transaction (destination for sales or origin for purchases) when determining the sales tax group. However, in practice, both origin and destination need to be considered for both sales and purchase transactions. The DycoTrade MCST module addresses this by intervening in the determination of the sales tax group on order lines. It defines more trigger points to determine the sales tax group and uses a multi-country sales tax matrix based on various parameters from the order line. This solution automates the determination of sales tax groups, generates accurate EU Sales List reports, and simplifies Intrastat reporting. Key-features and benefits: Automatic determination of the sales tax group Intrastat reporting EU sales list reporting Easy set up/ config of the sales tax matrix
Forex Hedging in D365 Finance	Manage your foreign currency risk exposure: DycoTrade’s Forex Hedging Application. DycoTrade developed an advanced Forex hedging application to optimize international business operations, providing superior financial risk management functionality within Dynamics 365 F&SCM. International businesses often face challenges with managing foreign currency exchange rates. To mitigate the risk of fluctuating exchange rates between the order and payment dates, organizations use Forex contracts. DycoTrade’s Forex & Hedging module registers these contracts, which can be allocated to purchase or sales orders, reducing foreign currency exchange rate risk. Lump sum hedging, without linking a Forex contract to a specific order, is also possible. Fully integrated with Dynamics 365, the Forex & Hedging module supports standard financial postings and functions, while also providing additional features for hedging, forward rolling, and trade books in multi-currency environments.
Forex, Futures & Hedging in Business Central	DycoTrade has developed an advanced Forex, Futures & Hedging (FF&H) application to optimize international business operations, providing superior financial risk management within Dynamics 365 F&SCM. International businesses often face challenges with managing foreign currency exchange rates. To mitigate the risk of fluctuating exchange rates between the order and payment dates, organizations use Forex contracts. DycoTrade’s Forex module registers these contracts, which can be allocated to purchase or sales orders, reducing foreign currency exchange rate risk. Lump sum hedging, without linking a Forex contract to a specific order, is also possible. The module includes FX functionality, or Foreign Exchange functionality. Transactions in non-company currencies may result in undesirable exchange rate differences. To prevent or neutralize this, it is possible in Microsoft Dynamics 365 Business Central to record FX Contracts. FX Contracts allow users to record buying/selling currencies in the future at a fixed or pre-defined rate. They can be allocated to physical sales and purchase order lines, and the rates from the FX Contracts can be used for postings on these orders.
Futures & Hedging in D365 Finance	DycoTrade developed an advanced Futures & Hedging (FF&H) application to optimize international business operations, providing superior financial risk management functionality within Dynamics 365 F&SCM. International businesses often face challenges with managing price risk mitigation through Futures. Commodity Futures (CX) can be allocated to individual physical sales and purchase orders, offering full transparency of risk positions. To mitigate the risk of fluctuating product prices in time, organizations use Future contracts. DycoTrade’s Futures & Hedging module registers these contracts, which can be allocated to purchase or sales orders, reducing price rate risk. Integrations with leading Exchanges such as LME, CBOT etc. are available. Fully integrated with Dynamics 365, the Futures & Hedging module supports standard financial postings and functions, while also providing additional features for hedging, forward rolling, and trade books in multi-currency environments.

Practice & Reach

Applications

FSCM

Service Provider Type

Type of Practice

ERP

Solution Designations

Business Applications

Industries

Agriculture

Countries

Netherlands

Languages

Not specified

FastTrack Status

Yes

Primary Contact

Rob Sanders

Chief Commercial Officer