Rating: 4.9. Number of organizations: 817

Countries: All
Operating system: Windows, Android, macOS
Group of programs: Business automation

Software USU

Automation of the exchange office

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An exchange office is an institution that provides currency exchange services, whose activities are regulated by the legislation of the country, namely the National Bank of the country. According to the established regulations of the National Bank, each exchange office must be equipped with the software. This phenomenon is due to the need to display foreign exchange transactions that do not have the ability to change data, falsify them, and provide incorrect indicators when submitting reports to state bodies of the country. It is important as the activity of the exchange office relates to money and financial operations, including international transactions, so there should not be any errors with exchange rates differences or transactions. These operations are connected with the economy of the country and that is why it is regulated by governmental organizations.

If you look at the situation from the point of view of the exchange office, this requirement is a good opportunity to develop and modernize the processes of providing services, keeping records, and implementing management. In this case, it will be advisable to use the automation program, due to which the automation of the exchange office is carried out. Automation application fully optimizes work activities by impacting efficiency and productivity, improving the quality of foreign exchange services, and preventing the occurrence of money theft or fraud by employees via tightening control over work processes. Automation of the exchange office completely transforms work processes into an automated format. You do not need to worry about the correctness of the work performance anymore as the automation system is now responsible to ensure it.

Who is the developer?

Thus, automation of the accounting of the exchange office provides the accuracy and timeliness of the execution of all actions, competent management, and continuous control. It is also important to automate the accounting of exchange offices due to some of the peculiarities and difficulties of conducting accounting transactions of this type of activity. Accounting activities in exchange offices are complicated by the calculation of profit and costs of foreign exchange transactions because of the constant changes in the exchange rate at the time of the exchange procedure. Due to this reason, a common mistake is an incorrect display of data on accounts and incorrect reporting. To avoid this, according to the decree of the National Bank, the automation of exchange offices has received a new development, which is very useful, helpful, and guarantees the success of your business.

The variety of systems that provide automation services is very large. This factor is due to the growth in demand, and as you know, demand generates supply. Almost every software development company may offer its services of the development and implementation of an automation program of an exchange office. In addition to an individual approach, there are many ready-made solutions. The main task of every company is to choose the right program. Choosing an automation system is not so difficult if there is a certain list of needs or wishes. Such a list can greatly facilitate the selection process since it becomes necessary to study the functionality of a particular program that would fully satisfy all requests. It depends on the set of functions and how effective they are for the work of the exchange office. Moreover, these tools should deal with every activity inside the company without human intervention. This is the prime reason for the automation and optimization of financial organizations.

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USU Software is an automation program that has the necessary set of functions to optimize the work activities of any company. The functional set of the application fully satisfies the needs and requirements of any organization. The development also considers the structure and specifics of the company. Due to this reason, the system is suitable for any enterprise activity. USU Software designed for exchange offices fully complies with the established standards of the National Bank. Development and implementation do not take much time, do not affect the course of work, and do not require any additional investments in the process. You just need to pay for the purchase of the automation program once and there are no monthly fees like in other market offers, which is another advantage of our application.

Automation together with the USU Software ensures the optimization of work operations. With the help of the product, actions such as accounting, registration, and support of exchange transactions in currencies are in one click. Settlements, reporting, document flow, control of the availability of a certain currency and cash balances, and much more are performed in an automatic mode. The application contributes to the growth of efficiency and productivity, continuous control ensures the discipline of labor personnel, the remote-control mode will allow you to control the work of an employee, displaying the actions performed in the system. Using the USU Software has a positive effect on the development of the company, in the form of an increase in the level of profits, profitability, and competitiveness. There are no other great offers like this. Try the demo version of the program and then decide should you get such an excellent product to support your business.

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Automation of the exchange office