Today, many organizations are expanding into new markets to take advantage of economical global supply chains, diversify to stabilize cash flow, or to create an organization more appealing to investors. If your organization is expanding, you may be facing a number of operational challenges. You will need to consider the localization requirements of language, business and tax rules; managing transactions in multiple currencies; processing transactions between companies; and producing consolidated financial reporting from disparate entities. We will look at each of these issues in turn and discuss the tool.
