Predictive Treasury and FX Lock
Cash-flow forecasting, late-interest controls, and currency protection — each living in its own place inside Cord.
Where each thing lives
This document covers three distinct financial tools in Cord that sometimes get confused with each other because they all touch “money”, but they live in different parts of the app:
- Cash-flow forecasting (90 days out, with the AI CFO Insight) lives in
/app/informes, not in My Payments. It’s an analytics report, separate from the Cord Payments dashboard that shows what you’ve already collected. - Late-payment interest is configured in Settings › Approvals.
- FX Lock is a property of each individual quote in the editor, not a separate panel.
90-Day Cash Flow
In /app/informes, the cash-flow report cross-references the credit terms of your open quotes with each client’s real payment behavior history.
If a client has Net 30 terms but historically pays 15 days late on average, the forecast adjusts the expected incoming capital based on that real behavior — it doesn’t assume everything gets paid exactly on the due date — giving you a more realistic view of your 90-day liquidity.
Late-Payment Interest
Automatic application is suspended while the country-by-country legal review is completed. Settings displays any historical rate as inactive, and the monthly process creates no new charges. Cord keeps previously recorded charges so balances and audit history remain traceable.
Currency coverage (FX Lock)
Selling in another currency shouldn’t be a gamble. When you quote in a currency other than the one your books use, Cord locks the exchange rate and carries it all the way through to the invoice.
Which currency applies where
Cord keeps two currencies apart, end to end:
- The selling currency is the one you enter prices in. It’s what your client sees on the link, what the email says, and what their card is charged in.
- Your accounting currency is your business’s own (Settings › General). It’s the one your books are kept in.
If they’re the same — the normal case — there’s nothing to set up. If you pick a different selling currency in the quote editor, the currency coverage panel appears.
30-day FX Lock
When you save a quote in another currency, Cord takes that day’s exchange rate and locks it for 30 days:
- Protection cushion: you can add a margin on top of the day’s rate to absorb volatility during the credit window. You choose how much.
- Certainty on both sides: your client knows exactly what they pay in their currency, and you know the rate your books will see even if the market moves between approval and payment.
- The invoice states it: the document is issued in the selling currency and prints the exchange rate applied plus the total converted to your accounting currency. In Mexico that’s the TipoCambio the SAT requires on a CFDI that isn’t in pesos.
No exchange rate, no quote
The exchange rate comes from a dated market source. If it can’t be retrieved at that moment — the source is down, or that currency pair isn’t available — Cord won’t save the quote, and tells you why.
That may look strict, and it’s deliberate: a made-up exchange rate isn’t visible when you save, it’s visible weeks later on an invoice with the wrong amount. If it happens, try again in a moment or quote in your business’s own currency.
Online payments and currencies
Card payments work in the quote’s currency. SPEI transfer is a Mexican rail and is only available in pesos: if you quote in another currency, your client pays by card.