Business Size
Overview
Companies come in many shapes and sizes. More than 75% of the activities performed are the same between all companies. The requirements needed within systems have more to do with the industry type than company size. The items that differentiate size are when companies operate in multiple countries. If this is the case then currencies, language, units of measure, taxes and additional reporting requirements matter. The planning process also needs to consider variations between the regions.
Specifics Considerations
- Screens, reports and raw data need to be stated in native languages
- Currency exchange is dynamic based on a floating exchange rate.
- Future values are even more complicated since exchange rates can change in addition to inflation factors.
- Units of measure are unique in that live data may be collected from multiple parts of the world at the same time and converted into a common unit.
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