Does your business operate in multiple countries?
Every country has unique compliance requirements, which a standard ERP system may not be able to accommodate. Global ERP systems provide features to address the challenges of operating businesses in different countries.
Does your business handle multiple currencies?
If you have sales, expenses, or suppliers in different countries, you’ll likely encounter different currencies. A global ERP system will help track accounting needs regardless of the currency.
Do you need to pay taxes in different countries?
A global ERP system can help you stay current and compliant on tax requirements and reporting regulations across multiple countries and geographies.
Do you have data centers around the globe?
While your business may be active in a single country, any part of your operation that is outside your home country may have different compliance regulations. A global ERP can help manage the different reporting needs of multiple countries.
Did you recently acquire a new company or do you have market expansion in your future?
New acquisitions or mergers result in a host of different reporting, tools, and data that needs to integrate into your system. A global ERP system can be helpful if you need to bridge systems from different companies.