As currency exchange rates change at least on a daily schedule, MAS 500 should be enhanced to use a web service to retrieve the current exchange rate necessary for any muti-currency task. Currently currency exchange rates are manually maintained within the MAS 500 database. If a company does a lot of international business, the maintenance of these exchange rates consumes a lot of man hours and can result in errors that can affect a company's bottom line. Using a web service would ensure accurate and update to date currency exchange rates are used in MAS 500 transactions which in the long run can add to a company's bottom line.

by: Louis D. | over a year ago | 1 - Financial Management