European Central Bank Exchange Rate Integration with SAP Business ByDesign
ERP Logic’s Integration Adapter is a one-stop solution that expedites integration of Exchange Rates Directly from European Central Bank with SAP Business ByDesign. Bank provides services in a URL(https://www.ecb.europa.eu/stats/eurofxref/eurofxref-daily.xml) which has XML/JSON format which are integrated with Business ByDesign for managing and updating the exchange rates which helps your business save time and gain control.
Customer needs to Sync the Daily Exchange rate between several Currencies and their country currency in SAP Business ByDesign from the European Central Bank which needs lot of manual interventions, effort, and Time.
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
- Customized Interface that facilitates key users to maintain the currency pairs and schedule the jobs to extract and upload exchange rates to Business ByDesign.
- Time independent, configurable data transfer mechanism.
- Schedulers that extract the exchanges rates for the currency pairs maintained and upload them back to Business ByDesign.
- Business ByDesign-master transaction system to make payments, purchases etc.,
- Error handling and Custom reports to review uploaded exchange rates and integration results.
- Elimination of errors and inefficiencies associated with manual data entry.
- Cloud Solution.
- Secure – Data transmission Integration relies on secure handling of data between systems.
- Analytics -Custom reports to track every step of integration.
The Solution which automates the integration of Exchange Rate from European Central Bank and SAP Business ByDesign in real time.
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