De impact van globalisering op financiën

Wat is globalisering?

Globalisering is de voortdurend toenemende integratie van economieën over de hele wereld, waaronder de verplaatsing van producten, services, technologie en informatie over internationale grenzen.

While global expansion has many strategic advantages, such as a broader reach, new suppliers, and more revenue streams, it also introduces significant complexities in managing and complying with local laws and global regulations. You’ll be competing online in foreign markets or opening new offices overseas with intricacies, including different:

• Talen
• Valuta's
• Datumnotaties
• Tijdzones
• Regelgeving
• Laws
• Belastingen
• Bankvereisten

Om te slagen heb je de juiste aanpassingsstrategieën nodig, waarmee je verkoopkansen benut die worden geboden door effectieve globale activiteiten.

Globalization initiatives often start within your finance department, as accounting teams will create new companies, entities, or chart of accounts to support the expansion. This requires your financial management system to support multiple dimensions, currencies, intercompany transactions, and consolidations. It also requires a strategy for supporting global governance and standardization to ensure your financial reporting is optimized.

Learn how to reduce global financial complexity and risk with Microsoft Dynamics 365 Finance. Get the infographic

De voordelen van globalisering

Globalization makes international expansion more feasible for your company by offering many benefits that outweigh any complexity you might face, such as:

• Groter marktbereik. As the world marketplace continues to expand, goods and services can be distributed around the world more quickly.
• Concurrentievoordeel. By working to meet the demands of efficient production and competitiveness in the marketplace where you’re based, your company gains a greater perceived value and generates more sales.
• Overwin een tekort aan talent. Instead of competing for a small pool of local talent, tap into a global marketplace to reach and recruit from a greater selection of employees that can be more qualified and diverse.
• Diversificatie en partnerschappen. Developing new strategies for products and services, implementing diversification, and expanding for new partnerships supports your organization’s global expansion by introducing new markets and increasing your current value or extending your success.
• Kostenvermindering. As goods are produced all over the world, specializing in the production of specific goods lowers the average costs of your products. Shifting your production to more cost-efficient countries helps give your business a competitive edge.

How technology supports global expansion

Technology shapes how businesses expand into foreign markets, especially within developing and emerging ones. Technology can help finance teams with global expansion by:

• Easily supporting globalization in finance. Het juiste technologieplatform vereenvoudigt de ondersteuning van meerdere talen, valuta's, intercompanytransacties en financiële consolidaties.
• Ensuring adherence to local compliance regulations. Houd lokale en internationale wet- en regelgeving bij met een klik op een knop om zorg te dragen voor naleving.
• Reducing complexity and risk. Competing online in foreign markets or operating in new countries can introduce new risks and complexities to your business. By following financial patterns of international markets and reducing the cost of capital, new technology, such as an out-of-the-box solution providing localization and translation, can help simplify those processes and provide solutions backed by data.
• Scaling faster. Stay ahead of supply chain disruptions, trade deals, and new government policies with low-code extensible tools that support adaptation to changing localization requirements.
• Providing governance and standardization. By ensuring transparency and increasing openness between government agencies and their people, you can keep your business ahead of the game and constantly enhance how your customers are assisted.

The technology transforming globalization

Companies are finding that new technologies are not only helping accelerate their digital transformation—they’re also playing a huge part in globalization as well. New technologies dramatically affecting globalization in finance include:

1. Robotgestuurde procesautomatisering (RPA)

RPA makes it easy to build, deploy, and manage software that mimics human interactions. This software technology can perform defined actions quicker and more consistently, making workflows more streamlined and responsive resulting in more profits, customer engagement, and productivity.

2. AI

AI and machine learning, as well as cognitive agents and smart machines, have the potential to completely reshape both foreign and domestic cross-border transactions while streamlining efficiencies. Businesses have the ability to validate financiële analytics in a fraction of the time, cutting overall exposure to trading risks.

3. Blockchaintechnologieën

Als je gecodeerde timestamps aanbiedt voor een reeks betalingstypen, is het van groot belang dat er een digitaal betalingslogboek en realtime overboekingen beschikbaar zijn in de volgende globaliseringsfase voor de financiële sector. Het is ook de prominentste toepassing voor bitcoinvaluta of andere financiële services.

4. Internet of Things (IoT) voor contactloos betalen

As our society becomes more digitally interconnected, IoT will simplify money transfers by providing the ease and convenience of process automation and the ability to transform basic technology into “smart” decision-making devices. Contactless payments based on IoT will enable faster payment processing and increased transparency on global payments. Plus, local and international governments will be able to easily track transactions in multiple currencies and markets.

The growth of technology in globalization helps accelerate future financial growth by enabling faster and more cost-efficient transactions.

De toekomst van globalisering bij financiën

Although the pandemic impacted globalization and shifted the market landscape, data shows positive results in trade, capital flows, and digital transactions. In fact, those that embraced globalization strategies and digitalization, including driving diversification across domestic and foreign production, showed strong resilience amidst uncertainty.

However, the future of globalization will require business leaders to continue addressing supply chain shortages, along with geopolitical tensions, dynamic global economy shifts, and cross-border investment flows. Adding global-ready software voor financieel beheer to optimize operations will set you up for success by decreasing risks, simplifying complex globalization in finance challenges, and maximizing your performance across markets.

Je bedrijf voorbereiden op globalisering met Dynamics 365 Finance

Empower your team to build a successful business with the globalization capabilities of Dynamics 365 Finance—software that helps businesses manage complex global operations, expand more efficiently, and operate more effectively around the world. This comprehensive platform includes built-in localization and regulatory support for 44 countries and regions, plus additional localization solutions provided by partners worldwide.

By managing your global operations within a platform that supports local regulation compliance, multiple currencies, new languages, electronic invoicing, and tax requirements, you’re able to monitor worldwide operations in real time to make thoughtful, data-driven decisions.

Met Dynamics 365 Finance kun je je inzicht in de financiën maximaliseren en de globalisering bevorderen met AI-gestuurde inzichten, ingesloten analysen en mogelijkheden voor internationaal beheer.