For example, language files are stored in separate tables that facilitate editing. This comes in handy when a reseller wants to make changes to reflect a particular regional dialect. Plus also has clients in Mexico, and is looking to expand further into Central and South America. Founded by CPAs, Coral Gables, Fla.-based Strategic Accounting Technologies has clients in Mexico, Venezuela, and the Caribbean. Like many competitive offerings, it features user-defined exchange rates and allows individual currencies to be specified at the customer and vendor level.
Differentiation is the key, especially as the Internet's influence soars.
Clients might need to ship off invoices to foreign customers, or they need to consolidate the alternate reporting currency of a foreign subsidiary. Grimm notes that Navision software can readily accommodate fluctuations in currency valuation that occur between when an order is placed and actual payment. But like Whitehouse, she can imagine when customers will be able to visit a Web store, peruse product data written in their own language, and see what items cost in their own currency.