The last mile

Article Abstract:

Digital communication is handy when it comes to sending information across the globe. However, it does not necessarily work with electronic funds transfer systems due to incompatibilities between accounting application software and banking systems. In addition, banks often do not want to integrate their systems with the wide range of accounting software their customers use. Also, the technical structure and content of funds files differ from country to country and from bank to bank.

Commercial Banks, General services, Banking industry, Company systems management, Information management, Accounting, Accounting software, Compatible hardware, Compatibility (Computers), Upward/downward compatibility, Compatible software, Forward compatibility, Integrated accounting software

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Beyond BACS

Article Abstract:

Bankers Automated Clearing Service (BACSTEL-IP) is an internet-based payment delivery channel for making submissions and collection of reports. BACSTEL-IP system is useful for providing faster transactions, improved security, enhanced reporting and consolidation of communication platforms.

Product information, Computer and Data Processing Services, Evaluation, Computer services industry, Information technology services industry, Bacs Ltd.

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Boxing clever

Article Abstract:

The trend in which accountants invest in several computers due to falling hardware prices is presented. They are used at a time to offer better service to clients and save time and money.

Computers, Computers & Auxiliary Equip, Commodity & service prices, Computer peripheral equipment, not elsewhere classified, Parts for Computer Equip, Usage, Computer hardware, Prices and rates, Technology application, Accountants, Company pricing policy, Software/hardware leasing

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