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3 years ago

What factors contributed to novartis’s invoice processing being so complex?.

English

2 answers:

denpristay [2]3 years ago

7 0

Answer:

Novartis is a global company with more than 600 business units operating through 360 affiliates

in 140 countries. It serves more than 63,000 customers 200 locations and 25 data centers.

Invoicing the suppliers, customers, business affiliates and own employees in this massive

business entity is not an easy task. Paper form of invoicing involve a lot of human intervention

and transferring the forms and related information is time consuming. Tax laws are different in

different countries, paper invoice will have different formats and in different language that will

complicate the processing of those invoices at a central location. Different languages and

corresponding currency and conversion rating will make the invoicing more complicated for

companies like Novartis.

Explanation:

bearhunter [10]3 years ago

3 0

The factor that contributed to this complexity was the difference between languages and currencies among Novartis participants.

<h3>What is Novartis?</h3>

It is a health care company.
It is a company that provides global service.

As an international company, Novartis must deal with a very large number of different languages and currencies. This makes invoice processing very complex as it must be provided according to the currency and language of its members, maintaining unity and harmony.

The difference in currencies is the main reason for the complexity of the invoices, it is already necessary that currency conversion is done constantly.

More information about currency conversion at the link:

brainly.com/question/12616640

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