Managing currency rates across your organization structure. This guide covers exchange rate sources, rate type configuration, automatic rate updates, and more.
Exchange rate sources
Each area is represented by a separate folder accessible from the Application menu in the top navigation screen area:
Each business area includes separate folders:
- Setup - the setup or configuration required for that business area to work
- Transactions - the transactions which can be executed within that business area
- Analysis Tools - the reports which can be launched to get accurate and relevant data about that specific business area
Therefore this section of the User Guide details:
- how to configure
- how to use
- and how to analyze
each Predictiv application area within the corresponding business flow. ------------------------------------------------------------------------
Master Data Management (MDM) is critical for modern data-driven organizations because it ensures that the core data used across the organization is accurate, consistent, and accessible. This foundational element supports various business processes, decision-making, and strategic initiatives. - Outcome: Facilitates informed and timely decision-making, improving strategic planning and execution. Regulatory Compliance
- Benefit: Ensures compliance with industry regulations and standards through accurate and auditable data.
Rate type configuration
Each area is represented by a separate folder accessible from the Application menu in the top navigation screen area:
Each business area includes separate folders:
- Setup - the setup or configuration required for that business area to work
- Transactions - the transactions which can be executed within that business area
- Analysis Tools - the reports which can be launched to get accurate and relevant data about that specific business area
Therefore this section of the User Guide details:
- how to configure
- how to use
- and how to analyze
each Predictiv application area within the corresponding business flow. ------------------------------------------------------------------------
Master Data Management (MDM) is critical for modern data-driven organizations because it ensures that the core data used across the organization is accurate, consistent, and accessible. This foundational element supports various business processes, decision-making, and strategic initiatives. - Outcome: Facilitates informed and timely decision-making, improving strategic planning and execution. Regulatory Compliance
- Benefit: Ensures compliance with industry regulations and standards through accurate and auditable data.
Automatic rate updates
Each area is represented by a separate folder accessible from the Application menu in the top navigation screen area:
Each business area includes separate folders:
- Setup - the setup or configuration required for that business area to work
- Transactions - the transactions which can be executed within that business area
- Analysis Tools - the reports which can be launched to get accurate and relevant data about that specific business area
Therefore this section of the User Guide details:
- how to configure
- how to use
- and how to analyze
each Predictiv application area within the corresponding business flow. ------------------------------------------------------------------------
Master Data Management (MDM) is critical for modern data-driven organizations because it ensures that the core data used across the organization is accurate, consistent, and accessible. This foundational element supports various business processes, decision-making, and strategic initiatives. - Outcome: Facilitates informed and timely decision-making, improving strategic planning and execution. Regulatory Compliance
- Benefit: Ensures compliance with industry regulations and standards through accurate and auditable data.
Inter-organization rates
It supports multi-level approval workflows and integrates seamlessly with the procurement process.
Historical rate management
Each area is represented by a separate folder accessible from the Application menu in the top navigation screen area:
Each business area includes separate folders:
- Setup - the setup or configuration required for that business area to work
- Transactions - the transactions which can be executed within that business area
- Analysis Tools - the reports which can be launched to get accurate and relevant data about that specific business area
Therefore this section of the User Guide details:
- how to configure
- how to use
- and how to analyze
each Predictiv application area within the corresponding business flow. ------------------------------------------------------------------------
Master Data Management (MDM) is critical for modern data-driven organizations because it ensures that the core data used across the organization is accurate, consistent, and accessible. This foundational element supports various business processes, decision-making, and strategic initiatives. - Outcome: Facilitates informed and timely decision-making, improving strategic planning and execution. Regulatory Compliance
- Benefit: Ensures compliance with industry regulations and standards through accurate and auditable data.
Getting Started
To implement multi-organization exchange rates in your Predictiv environment:
1. Assess your current state - Review existing processes and identify improvement opportunities
2. Configure the module - Work with your implementation team to set up the required components
3. Train your team - Ensure users understand the new capabilities and workflows
4. Monitor and optimize - Track key metrics and continuously improve
Related Resources
For more information on related topics, explore our other guides in this collection.
Need Help?
Our team of experts is available to help you get the most out of Predictiv. Contact us to discuss your specific requirements and how we can help you achieve your goals.