What is one of the main outcomes of implementing an effective multi-currency functionality in Infor M3?

Implementing an effective multi-currency functionality in Infor M3 significantly enhances the efficiency of managing global transactions. This is primarily because it allows organizations to conduct business in multiple currencies seamlessly, which is essential in today's global economy. Companies can issue invoices, make payments, and receive funds in different currencies without the complexities that typically arise from dealing with foreign exchange.

By automating currency conversions and providing real-time exchange rate updates, organizations reduce the risk of errors associated with manual calculations and can streamline their financial processes. This not only saves time for employees but also helps in maintaining accurate financial records, ultimately leading to better decision-making. Enhanced visibility into currency exposure and management of foreign exchange risks further bolsters the effectiveness of multi-currency functionality.

In contrast, the other options would not contribute positively. Increased transaction costs, reduced currency options, and manual currency conversion processes are all scenarios that would be counterproductive to the goals of efficiency and effectiveness in international operations.