IDTrans
- A Business Case |
This project could have a far reaching positive
effect on New Zealand business. It could enable a
revolution in business communication similar to the
effect email has had on personal communications. I have
listed below some of the advantages this new technology
will bring to companies. |
Advantages
for Business |
|
Reduces Stationary and Postage costs, as
documents can be sent via Internet. |
|
Reduces cost of retyping data received in
paper format from suppliers and customers. |
|
Reduces Customer Support costs by increasing
accuracy of data in the transfer process. |
|
Reduces Customer Support costs by allowing
customers to enquire into accounts
electronically. |
|
Improves customer relations due to increases
efficiency and information to the customer. |
|
Improves Debt Collection due to increased
efficiency of document handling. |
|
Advantages
for Internet Service Providers |
|
Increases the number of business users using
the Internet in general. |
|
Possibility of providing business services
related to transfer of business documents. |
|
Advantages
for Accounting System Companies |
|
Adds Additional Functionality without the
cost of developing the solution inhouse. |
|
Increases sales due to an increased use of
accounting systems in general when standard
business document transfers are common. |
|
No ongoing maintenance costs for the
additional functionality. |
|
Increases the potential sale value of your
product. |
|
Potential to provide business services
related to the transfer of business documents. |
|
Advantages
for Accountants |
|
Reduces cost of retyping of paper documents. |
|
Reduces cost of communication between you and
your clients. |
|
Reduces the number of different computer file
formats required to support your clients. |
|
Advantages
for Banks |
|
Potential to earn revenue from payments
conducted by the software. |
|
Reduces the number of cheque and cash
transactions, and therefore the costs associated
with them. |
|
Provides incentive to customers with the
software to use Bank Accounts with access via the
Standard. |
|
Advantages
for Government Departments |
|
Will make filing documents much easier. |
|
Will reduce cost of typing data. |
|
Will reduce the number of errors due to
mistyping. |
|
Will decrease the processing time for
incoming documents. |
|
Will reduce the number of enquiries and
complaints due to typing errors. |
|
Home Next |