How does Infor M3 handle discrepancies in currency values during transactions?

Infor M3 addresses discrepancies in currency values during transactions by recalculating exchange rates in real-time. This approach ensures that transactions reflect the most current exchange rates, thereby mitigating the risk of inaccuracies that could arise from fluctuations in currency values. Real-time recalculation allows for adjustments during the transaction process, which helps maintain financial accuracy and integrity, especially in a dynamic, global trading environment where currency values can change rapidly.

This method provides a significant advantage by automating the currency conversion process and reducing dependencies on static rates that may not accurately represent the market conditions at the time of the transaction. Regular updates of exchange rates within the system allow it to adapt to changes seamlessly, ensuring that all parties involved in the transaction have a clear and accurate understanding of the costs and values in their respective currencies.

The other options represent less effective or practical solutions. For example, using a fixed exchange rate would not account for market fluctuations, leading to potential discrepancies. Manual reviews and approvals introduce delays and human error into the process, while limiting transactions to known currency pairs could unnecessarily restrict business activities by excluding profitable opportunities in other currencies.