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Brightpearl Multi-Currency Features Open Up International Trading for Independent MerchantsBRISTOL, UK and SAN FRANCISCO, Oct. 20, 2016 /PRNewswire/ -- Brightpearl's integrated accounting and retail inventory management service has new multi-currency accounting features that enable retailers and wholesalers to buy, sell, and bank in any foreign currency but still manage the business centrally in the same software. Multi-currency support comes as standard in Brightpearl and eliminates the complexity and cost international trade creates if you are using a competitor's single currency solution. Derek O'Carrol, CEO, Brightpearl said: "The world's most successful merchants trade internationally. But far too many retailers and wholesalers stay away from international markets because of the foreign exchange cost and financial reporting hassle it can create. This is particularly true at times of significant fluctuation in the currency markets like we have seen recently, particularly in Europe. If you have an accounting solution that only gives you a one currency view of your business that will never truly reflect what's in the bank as accuracy will be affected by daily changes in foreign exchange rates. That uncertainty, and additional hassle, is a major turn off for too many businesses and seriously limits their long-term growth potential. He continues: "We felt it was time to remove this admin block and make it easier for many more businesses to exploit the opportunity presented by international markets. Trading, accounting and reporting in multiple currencies shouldn't be a reason you don't look across borders for new customers or suppliers." Key features of Brightpearl multi-currency accounting:
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/brightpearl-multi-currency-features-open-up-international-trading-for-independent-merchants-300348678.html SOURCE Brightpearl |