Why Your Online Business Should Embrace Bitcoin
If you run a business online and still rely on traditional payment methods, you are trading at a disadvantage. Card payments may be based on the transfer of digital information, but they were not invented with the internet in mind. Accordingly, they are cumbersome, slow and leave both the buyer and the seller open to fraud or the theft of sensitive information. Commonly-used online payment methods like PayPal are not so much the solution to this problem as a way to exploit it, with big profits going to the provider.
Cryptocurrencies are the only payment method created by and for internet natives. They represent a digital currency for a digital era and, of course, the most well-established cryptocurrency of all is bitcoin. Although it has many rivals, bitcoin is presently the most secure and widely accepted cryptocurrency on the planet. It is also the one that has gained the most … READ MORE ...
Corporate ERP for Multinational Enterprises: Microsoft Dynamics and SAP Business One
In this small publication we want to guide you through the multinational corporate ERP selection and implementation phase, where we use real case studies of our international ERP consulting practices:
1. Corporate ERP at US Headquarters
Here you often have little room for change, because your organization may have invested a few or even years ago for an intermediate accounting application and everyone is happy with this historical choice. In our example, we assume that your company’s ERP is Microsoft Dynamics GP, previously known as Great Plains Dynamics or enterprise. Let’s assume that Great Plains is in production and you have a strong number of FRx financial statements to cover the Financial and Managerial Accounting versions of the Balance Sheet, P&L, Cash Flow Statement with the consolidated version
2. Overseas manufacturing facilities.
Let’s assume that you acquired a company in Brazil, the Sao Paulo area if now you need to … READ MORE ...
Demat Account for Minors
Being able to exercise financial discipline and understanding how investments work are important life skills. And an early start could hold the key to a secure financial future. Even minors can get a taste for investing through a demat account. Age is no obstacle, for one does not have to be 18 years old to open demat account and start investing.
How to open demat account for minor
While a minor can hold a demat account, it must be opened by their guardian (either a parent or a court-appointed legal guardian). The guardian operates the account on behalf of their young ward.
The account opening process is quite standard, but there are some deviations. For starters, not all depository participants (DPs) provide demat accounts for minors. So, one should check if the facility is available. Next, upon choosing a suitable DP, the following documents must be submitted to them:… READ MORE ...
International B2B Portal Helps Increase Your Global Business Market
There is great competition in every business today which traditionally conducts international trade is very difficult. For that, we need a very large investment of time and money. In the beginning, international trade in small businesses was almost impossible due to lack of resources, only large businesses were involved in international business. Today, the internet has brought drastic changes to the business scenario. With the help of information from the B2B portal today not only big businesses but small businesses also carry out international trade. These portals offer international trade services at economical prices. The resources needed to do business through online trading portals are very few.
B2B Trading
B2B trading is a transaction between a business and its volume is higher so every trader must be careful about safe trading. To get international trade from the online Business to Business portal, you must register and post-trade leads. The online … READ MORE ...
Become a Greener Business and Save Money at the Same Time
Thousands, if not hundreds of thousands, of businesses across the UK, could find themselves saving money if they were to become a ‘greener’ business. Making small changes to the everyday running of your business – regardless of sector – will see significant if not dramatic changes to your monthly outgoings for electricity, heating and phone bills. Becoming a greener business will not only help you to save money in the long run but could also improve the image of your business and thus increase turnover.
Air Conditioning of Place of Work
The easiest way to save money on your heating bill is to set up a thermostat so your office or business premises is not being heated out with working hours. Heating your place of work unnecessarily is a pointless exercise that only runs up bigger bills and damages the environment in the process. Upgrading your heating system altogether can … READ MORE ...