Exchange rates from various sources in SAP | | EasyExchangeRates |All for One Poland

Full integration with SAP

All for One EasyExchangeRates is designed for SAP systems: S/4HANA Cloud Private Edition; S/4HANA Cloud Public Edition; S/4HANA on-prem; SAP ECC/ERP version 6.0 or higher. If you use another SAP system or a system from another supplier, please ask us – we will offer an alternative solution.

As part of the maintenance service, we provide our customers with updates and new versions at no additional charge.

Exchange rates in SAP – challenges

Many organizations still update currency rates in SAP manually on a daily basis. This process is not only time-consuming but also increases the risk of errors and data inconsistencies, which can negatively impact reporting, period closing, and audits.

With All for One EasyExchangeRates, you can fully automate currency rate updates in SAP, saving time and increasing security by eliminating errors. All for One EasyExchangeRates is ideal for any company operating in an international environment where up-to-date and reliable currency rates are crucial.

All for One EasyExchangeRates functionalities

All for One EasyExchangeRates downloads the file containing exchange rates published on a bank or other provider’s website and saves the selected data to the SAP exchange rate table. All for One EasyExchangeRates ensures that the data is updated accurately. In the event of a failure, it notifies the designated users about the issue. Additionally, you have the option to send confirmations for successful exchange rate updates, which enhances security.

Simple installation and quick result

Determining which exchange rates are to be automatically updated in the SAP system is easier than ever before. Simply select the data provider and the list of currencies to be updated, and the update will take place automatically and without errors. The initial installation and configuration of All for One EasyExchangeRates can be carried out with the support of our consultants to facilitate the implementation of the solution (online help will allow most customers to configure the solution on their own).

Always current and error-free exchange rates in SAP

Scheduling updates is user-friendly. Simply specify when and how often exchange rates are to be updated in the SAP system. All for One EasyExchangeRates will automatically retrieve and save the relevant data. The update process runs in the background as a scheduled task. You can forget about manual data entry and the risk of errors.

Many ready-made data sources, new ones can be added in minutes

All for One EasyExchangeRates includes preconfigured scenarios for the most commonly used currency exchange rate sources (banks, international currency exchange services), ready to use immediately after installation. Additional banks and other currency exchange rate providers can be added easily.

All for One EasyExchangeRates implementation

All for One EasyExchangeRates streamlines currency exchange rate management in the SAP system. This universal tool guarantees seamless operation across various SAP system versions and integrates with multiple currency data providers.

The solution is a ready-to-use product. After uploading transport orders and completing a simple configuration, users can start using it right away.

All for One EasyExchangeRates business values

01

Always up-to-date exchange rates in the SAP system

All for One EasyExchangeRates automatically downloads currency exchange rate files from banks or other providers and integrates them into the SAP system. This process runs in the background as a scheduled task and sends automatic email notifications in case of errors, allowing for a quick response from the finance department.

02

Simple and independent SAP extension

All for One EasyExchangeRates does not require additional software (e.g., SAP Market Rates Management) or external services (e.g., Refinitiv) to import exchange rates. Simply implement the tool to ensure automatic and regular updates in your SAP system.

03

Flexible data access and formats configuration

All for One EasyExchangeRates offers ready-made, predefined integrations with various sources, including the National Bank of Poland (NBP), the European Central Bank (ECB), and major foreign banks and services (XE and England, the Czech Republic, Denmark, Norway, Romania, Switzerland, Sweden, and Hungary).

Additional banks and other currency exchange providers (if they provide data in XML, JSON, or CSV formats) can be quickly added using a simple, user-friendly configuration. The settings are made in the SAP Fiori environment and take only a few minutes. Tests are then carried out in a dedicated application, and the final step is to schedule automatic data processing.

04

Secure update of exchange rates in SAP

All for One EasyExchangeRates immediately reports any problems with reading data (e.g., bank system failure) or saving it in SAP (e.g., configuration change). Detailed logs are stored for all import runs, and emails are sent with messages about the success or failure of the updating. In addition, the KPI tile in SAP Fiori displays the number of failed currency rate updates in the last 7 days, allowing for ongoing monitoring and control of the process.

All for One EasyExchangeRates - FAQ

All for One EasyExchangeRates offers reliable and proven support for companies operating in an international environment, where up-to-date exchange rates are crucial. The primary users of All for One EasyExchangeRates are finance and controlling departments from medium-sized and large companies that use SAP (ECC or S/4HANA), including capital groups and organizations engaged in international markets.

From the user’s perspective, All for One EasyExchangeRates is integrated as a single transaction within the standard SAP menu or the user menu. This integration allows users to access it as if it were a built-in feature of the SAP system.

All for One EasyExchangeRates is configured by filling in the start screen of this transaction correctly. Repeatability of exchange rate updates is achieved by scheduling them to run daily “in the background” at a specified time. Accounting staff receive daily notifications of the completed updates and can focus on other tasks instead of manually transferring data from the website to the SAP system.

Eliminating manual work and fully automating the process of updating exchange rates in SAP is the first step in preventing errors with All for One EasyExchangeRates. Additionally, informational messages are typically sent whenever the exchange rate update is successful or fails, making it easier to verify that the program is functioning correctly and ensuring a high level of security.