Exchange Rate Integration with SAP Business ByDesign

Introduction

Automation of Exchange Rate Conversion in SAP Business ByDesign with their Bank or 3^rd Party Service Provider of Exchange Rate Conversion to ease Customer’s Financial Accounting Process

Requirement

Customer needs to Sync the Daily Exchange rate between several Currencies and their country currency in SAP Business ByDesign from the Exchange Rate Provider which needs lot of manual interventions, effort, and Time.

Solution

To overcome this ERP Logic has developed a solution that expedites integration of Exchange Rates with Business ByDesign for managing and updating the exchange rates  which  helps  Customer’s  business  to save  time  and gain control.

Design / Process Flow

ERP Logic’s Custom-built solution triggers an API provided by any Bank or any Service Provider of Exchange Rate Conversion, Manipulates the data and upload to SAP Business ByDesign Automatically

Benefits

• Improves and Simplifies Exchange Rate Integration process to save time
• Elimination of errors and inefficiencies associated with manual data entry.
• Integration relies on secure handling of data between systems.

Conclusion

The Solution which automates the integration Exchange Rate Provider Website / Software and SAP Business ByDesign in a timely fashion

Kindly post your questions/feedback in the comments section.