Consider inventory management, for example. It used to be that an individual bill of lading had to be prepared for every shipment. Once the goods had shipped, they had to be entered into the billing system, by preparing the invoice and setting up the accounts receivable. Then, in a separate operation, the total of all these transactions had to be entered into the general ledger system to record sales. With today's enterprise-wide software packages, the same set of transactions is handled in a single step.
Every transaction is posted to every book, record, and system in the company.
Indeed, today nearly half of our worldwide client base has a significant amount of international business. And that number will increase considerably in the years ahead. Copyrights and legal disclaimers.