Exchange Rate Process Made Easier With SAP Business ByDesign

Let’s talk about a way to save your financial department time!

Most businesses’ financial departments find it very time consuming to have to search the daily exchange rate and then one by one convert this new rate into SAP Business ByDesign to conduct daily business. Depending on the number of transactions per customers, this process has no definite duration. Also, with the manual aspect of the job, there is a high-level risk for a mistake to be made due to human error, leaving the task over all very tedious and comprehensive.

Here is the key to end this dated practice. At Seidor, we have developed a solution to make this business process easier. An automated system will conduct a task that once took hours to manually complete, giving the financial department time to invest on other business growing activities.

What can you expect? 

Every day at 12:00 AM, CPI will run a scheduled job that will request the exchange rates specified to OANDA and generate a XML request to SAP Business ByDesign to create the new exchange rates. With very simple implementation and functionality every business can reduce the amount of time that the user needs to invest in exchange rate conversions and apply a system to streamline the business.

At Seidor we can also connect with any other exchange rate service provider.

How It to Implement the Tool

YouTube - Please accept the use of cookies to view this content

Want to discuss further? Contact Brittanie Ryan, Customer Engagement Specialist at Seidor: brittanie.ryan@seidor.com

More Tips to Streamline Business with SAP Business ByDesign

Seidor is an SAP Platinum Partner for SAP Business ByDesign.

We sell, install, implement, train and support on this solution from our offices in Houston, Detroit, Miami, New Jersey and California.

Evaluating a Cloud ERP Solution?

Cookie use
SEIDOR uses its own and third-party cookies in order to know and measure activity on the web, create user navigation profiles and detect improvements. Therefore, we ask for your express permission. You can access more information about the use and configuration of cookies in our cookies policy by clicking Here.
Accept Reject
X
contact us