Exchange Rate Integration
Effortlessly retrieve and update exchange rates on Infor M3 from banks across the world.
![Exchange Rate Integration](https://fortude.co/wp-content/uploads/2023/06/Untitled-design-26-1.png)
Exchange Rate Integration
Effortlessly retrieve and update exchange rates on Infor M3 from banks across the world.
![Exchange Rate Integration](https://fortude.co/wp-content/uploads/2023/06/Untitled-design-26-1.png)
Why this product?
The Exchange Rate integration is built to retrieve and update exchange rates from the following banks: The European Central Bank, National Bank of Poland and the National Bank of Romania. Based on the your region of operation, other banks can be added to the integration.
![logo](https://fortude.co/wp-content/uploads/2024/01/Flow-chart-2.png)
Our Features
![](https://fortude.co/wp-content/uploads/2024/01/Icons_Import-Daily-Exchange-Rate-1.png)
Import Daily Exchange Rate
ION API is scheduled to run every day, which will fetch the daily exchange rate from Bank API.
![](https://fortude.co/wp-content/uploads/2024/01/Icons_Infor-M3-Processing-1.png)
Infor M3 Processing
In MeC a logic is implemented to check the division default currency and calculate the exchange rate. Exchange rates are updated using CRS055MI