Hicron Currency Updater

Discover Hicron’s proprietary solution that helps companies manage their finances in foreign currencies, fully integrated with SAP.
Hicron Currency Updater

Solution description

Hicron Currency Updater is an innovative solution that automates the process of retrieving and updating exchange rates in the SAP system. It uses data from the National Bank of Poland (NBP) and real bank exchange rates, ensuring accurate and up-to-date financial information. This allows businesses to stay fully aligned with current exchange rates and eliminate the risk of errors associated with manual data entry.

Solution functionalities

The key functionalities of Hicron Currency Updater include:

automatic exchange rate updates – the system retrieves and updates exchange rates without the need for manual intervention,
flexible adaptation of data sources – the ability to import exchange rates from tables A, B, and C (NBP) as well as other banks,
intuitive SAP configuration – quick adaptation of the solution to the company’s needs without complex implementations,
full personalization – flexible configuration options allow the tool to be tailored to your organization’s specific needs,
seamless integration – the solution works independently without interfering with existing SAP functionalities,
automatic monitoring and notifications – the system informs designated individuals about retrieved exchange rates and potential errors, ensuring full control over the process,
multi-currency support – the tool supports globally operating companies by automatically processing any number of currencies.

Benefits of implementation Hicron Currency Updater

  • quick configuration and easy operation – intuitive SAP integration without requiring advanced user knowledge,
    time savings – automation eliminates manual exchange rate entry, increasing operational efficiency,
    greater accuracy and error minimization – the system automatically imports exchange rates, eliminating the risk of errors and improving the quality of financial data,
    business process optimization – streamlining operations in SAP areas such as FI/CO and SD, accelerating invoice posting and transaction valuation, among others,
    hands-free operation – the system works in the background, providing automatic updates without employee involvement,
    full control and security – monitoring and email notifications about retrieved exchange rates and potential errors ensure process transparency and data protection.

Types of implementation contracts

We made sure that our contract proposals allow for flexible collaboration tailored to the ever-changing business environment. At Hicron, we provide SAP Security support through three contract options to choose from.

We offer the following models:

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Time & Material

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Fixed Price

Team Extension

Why Hicron?

Up-to-date solutions
The system continuously retrieves and updates exchange rates according to data from financial institutions, eliminating the risk of manual errors and ensuring financial accuracy.
Personalization
Flexible configuration allows the solution to be tailored to the specific needs of your organization. Hicron’s support includes strategic consulting and a user manual in Polish.
Innovation and security
Hicron’s proprietary solution is continuously developed and enriched with new functionalities. Regular updates guarantee the highest level of data protection and system reliability.
Trusted by SAP
As a certified SAP partner, we ensure full compliance with standards, secure data migration, and optimization of key business processes.
Experience
With nearly 20 years in the market and hundreds of successful implementations, we can effectively manage even the most complex projects.
Global reach
Hicron supports companies worldwide, delivering solutions tailored to various industries and markets, enabling seamless implementations in international environments.
Team strength
Hicron experts are experienced professionals who ensure the highest quality and efficiency of implementations, even in the most demanding projects.

Support of trusted experts

For nearly two decades, Hicron has been helping companies achieve their strategic goals by implementing and developing SAP systems, as well as creating dedicated tools that extend their capabilities. Our extensive experience and hundreds of completed projects have earned us the trust of over 3,000 enterprises worldwide. Contact us to learn how our innovative, fully SAP-compliant solutions can optimize processes in your company and accelerate its growth.

 

 

Contact Request

Let’s talk about digital transformation in your company

We realize that you are facing numerous challenges in the area of finance. If you want IT experts to show you the possible development paths, contact us!
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