FX Updater
Automated Exchange Rates for Spire ERP
Reduce financial risk. Protect margins. Eliminate manual FX work
FX Updater is a Gemini Logic solution for companies using Spire ERP. It automatically pulls official currency exchange rates from central banks and loads them directly into Spire ERP—accurately, consistently, and on a schedule you control.
Protect Margins. Reduce Manual Effort. Minimize Rework and Exceptions.
Manual exchange rates are a quiet source of risk
For many businesses, exchange rates are still maintained manually, updated when someone remembers, sourced from different places, and poorly documented.
The impact is subtle, but real:
Margins distorted by stale rates
Pricing decisions made on inaccurate data
AR and AP balances that don’t align
Last-minute adjustments at month-end
Difficult questions during audit or review
These issues don’t always trigger alarms—but they steadily erode confidence in your numbers.
A simple way to remove that risk
FX Updater replaces manual maintenance with a controlled, auditable process.
The system:
Pulls official exchange rates directly from central banks
Loads them automatically into Spire ERP
Updates on a defined schedule—daily, intra-day, or month-end
Maintains a complete audit trail of every rate change
Once configured, it runs quietly in the background—no spreadsheets, no reminders, no guesswork.
How this saves money and protects your business
Protect margins before they slip
Small FX inaccuracies compound quickly. Automated rates ensure pricing, costing, and reporting reflect current reality—before errors reach customers or the general ledger.
Reduce rework and exceptions
Incorrect rates lead to credit notes, invoice corrections, journal entries, and explanations. Eliminating the source eliminates the cleanup.
Lower audit and compliance exposure
Every rate update is logged with time, source, and value. Auditors see consistency, traceability, and control—without extra effort from your team.
Remove key-person dependency
Exchange rates should not rely on memory or availability. Automation ensures continuity, regardless of workload, turnover, or vacations.
Restore confidence in ERP data
When currency handling is accurate and consistent, leadership can trust Spire reports without second-guessing or external spreadsheets.
Scheduling that matches your exposure
Different businesses face different FX risks. Choose the cadence that fits:
Daily updates for ongoing AR/AP exposure
Intra-day updates for higher-volume or volatile currencies
Month-end lock-in for financial reporting
Every update is applied consistently. Every change is recorded.
Initial Release Pricing
Platform Fee $18.00/month
$2.50 per Update
If your business uses Spire ERP and operates in multiple currencies, FX Updater is a practical, low-cost way to eliminate avoidable FX risk and protect financial accuracy—automatically.
