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Product Description:
Multi-Currency Rate Upload (MCRU) is a powerful solution from IronWare Technologies designed to automate the conversion of multiple international currency rates to Dynamics accounting systems. Multi-Currency Rate Upload enables organizations to easily schedule, upload, verify and apply the latest rates for multiple conversions at numerous daily intervals.
Providing advanced conversion options for both USD-based rates and access to the most complete list of international rates, the Multi-Currency Rate Upload automatically populates Microsoft Dynamics currency rate maintenance screens with the most up-to-date rate information available.
Leveraging cutting-edge web services, access to the most current exchange rates is configured for direct pass-through to Microsoft Dynamics financial systems. Users can set schedules to update as often as necessary and ensure the most accurate, up-to-the-minute conversion for more than 150 international currency rates.
View a quick Multi-Currency Rate Upload Video Demo
Features/Benefits
- Windows Service: Multi-Currency Rate Upload can run from an unattended server -- no Dynamics license required.
- Schedule Driven: Allows end-users to define when and how often the rates are uploaded to Dynamics.
- Latest Web Technologies: Provides access to legitimate services for actual rate information, not public websites that may have access and copyright restrictions or outdated rates.
- Multiple Base Currencies: Working with Blue World Financials by WPS Consulting, users can operate all or part of the general ledger in more than one base currency within the same company application database.
- Non-US based Currencies: Enables end-users to determine base currencies that include all major international rates, in addition to USD.
- Mapping Tool: Enables users to map SL defined currency IDs to ISO currency IDs.
- .NET based Application: Leverages the latest web communication technologies (SOAP) from Microsoft.
- Rate Adjustment by Percent: Enables the adjustment of rates by percentage, accounting for bank fees and variances in different markets, ultimately providing more accurate rate conversion.
- Dynamic Rate Type Definition: enabling users to specify rate by database (SPOT, DAILY, etc.).
- Windows Service Control: from the Multi-Currency Rate Upload Configuration utility.
- Easy install: automatically creates database objects from user interface without need to ac-cess SQL Server Management Studio.
- History log: maintained from the Multi-Currency Rate Upload Configuration utility.
- Program Support: for Dynamics SL v6.0, v6.5, v7.0.
- Single Service Monitoring: for all Dynamics SL application databases.
- Oanda FXML Service: Provides Internet-based forex trading and currency information services.
- “End of Month” entry: using a specified Currency Type.
New in version 1.5
Choice of services for currency data:
Oanda Service
- Requires a $200/month account setup with Oanda
- SLA guarantees server availability
- OANDA is a market maker and a trusted source for currency data. It has access to one of the world's largest historical, high frequency, filtered currency databases.
WebServiceX Service
- Free service
- No Service Level Agreement (SLA) offered with the free service
- Source of the rate they use isn’t documented. The site is a blended rate and isn't controlled by a single bank. IronWare has compared these rates with other sites (Oanda, MSN Money, Google Finance, etc.) and they are within 100ths of a cent if not the same.
For more information or to order the Multi-Currency Rate Upload Solution from IronWare Solutions, please contact sales@ironware.com or call Toll Free at 1-877-IRONWARE.
Place your order here
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