Canonical: https://unicorncurrencies.com/features/real-time-fx-tracking/ # Intelligence: Real-Time FX P/L Tracking on Bills ## Summary See exactly what waiting costs you—in pounds and pence Upload supplier bills as PDFs. Our document capture extracts amounts and currencies automatically. Watch your profit/loss change in real-time as exchange rates move every 30 seconds. No other platform offers this level of visibility into your FX exposure. ## How It Works - **Step 1:** Upload Your Bills — Drag and drop supplier invoices in any format—PDF, image, or email attachment. Our AI handles messy scans, handwritten notes, and multi-page documents. - **Step 2:** AI Extracts the Data — Within seconds, our OCR extracts supplier name, invoice amount, currency, due date, and line items. No manual data entry required. - **Step 3:** Watch Your P/L Move — See your profit/loss update every 30 seconds as FX rates change. Know exactly what delaying payment costs you—or saves you—in real pounds and pence. - **Step 4:** Lock When Ready — When rates are favorable, lock with a single click. Your 15-second rate lock gives you time to confirm without losing the rate. ## Benefits - See exactly what waiting costs you in £ and pence - OCR extracts data from any invoice format - Live P/L updates every 30 seconds - Make informed decisions on when to lock rates - Bulk upload multiple bills at once - Historical tracking shows rate movement since upload ## Use Cases - **Coffee Importer with CNY Payables:** A coffee importer uploads a ¥2.3M invoice. Over 3 days, they watch the P/L swing from -£4,200 to +£1,800. They lock when favorable, reducing avoidable payment pressure. - **Textile Trader Managing 50+ Bills:** A textile business bulk-uploads 50 supplier invoices across INR, CNY, and EUR. The dashboard shows aggregate exposure and highlights which bills to prioritize based on rate movement. - **Electronics Distributor with Tight Margins:** With 3% net margins, a £50k USD invoice moving 1% costs £500—half their profit. Real-time tracking lets them lock rates at the right moment to protect margins. ## Operational Difference - **FX Visibility:** Unicorn Currencies: Real-time P/L on every bill. Banks: None—rates shown at payment only. - **Rate Updates:** Unicorn Currencies: Every 30 seconds. Banks: Daily or on-request. - **Invoice Processing:** Unicorn Currencies: document capture—instant extraction. Banks: Manual data entry. - **Decision Support:** Unicorn Currencies: Shows cost of waiting in £. Banks: No guidance. ## FAQs - **How does real-time FX tracking on bills work?** Upload supplier invoices in any format (PDF, image, email). Our document capture extracts the amount and currency, then displays your profit/loss in real-time as exchange rates update every 30 seconds. You see exactly what waiting costs—or saves—you in pounds and pence. - **What invoice formats does the document capture support?** Our AI handles PDFs, scanned images, photos, and email attachments. It works with messy scans, handwritten notes, multi-page documents, and invoices in any language. Accuracy is 99%+ for standard commercial invoices. - **How often do the FX rates update?** Rates refresh every 30 seconds from our liquidity providers. Your P/L recalculates automatically with each update, so you always see current exposure—not stale data. - **Can I track multiple bills at once?** Yes. Bulk upload dozens of invoices and see aggregate exposure across all currencies. The dashboard highlights which bills to prioritize based on rate movement and due dates. - **Is this feature available on mobile?** Yes. The mobile app shows the same real-time P/L tracking. Get push notifications when rates move significantly on your outstanding bills.