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The European single currency began on the 1st January 1999 when most of the countries in the European Union formed an Economic and Monetary Union (EMU). Although the UK is not joining EMU in the near future, many UK businesses and organisations are effected.
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The introduction of the euro profoundly effects the way
businesses and organisations operate. In particular information systems need to be ready
to use the euro. The preparation of information systems to deal with the single currency
has become a major issue. Springwater
Software is able to help. We are fully aware of the challenge that the euro presents and are in
a good position to advise you on the steps that you need to take.
Unlike the year 2000 problem the euro can not be dealt with on a purely technical basis.
Given the nature of
the change, developments in information technology have to be integrated with business and
organisational changes. Organisations need to carefully examine their business procedures
and accounting methods, as well as their software, to ensure that transition to the single
currency is smooth. The problem of the single currency requires a complete business
solution. As Springwater Software specialises in providing