Topic: [ANN]🏢ACCOUNTING BLOCKCHAIN🏢 Linking business accounts through blockchain - page 20. (Read 27144 times)

The immediate benefit to those business that would start using AB Fingertips Suite is the reduction in the accountants’ time required.
Many firms would immediately drastically reduce the number of accountants employed in reconciliation departments.
Auditing time required will be reduced drastically due to the fact that audit tests performed would no longer need to check the validity of the triple entry transactions. These are being confirmed by the other company on the opposing spectrum, which is an independent 3rd party. Auditors will start placing reliance on Triple Entries as they are cemented in the Blockchain.
Throughout the consultation stage, AB encountered many businesses explaining how rogue employees within their organisation used creative accounting and manipulation of data to defraud their employer. This in the past has been
as easy as changing the supplier invoice bank details in order to channel the funds their way. Currently to deter this type of fraud and other fraud risks, companies undertake to implement flimsy, costly and time consuming systems of internal control, including multiple checking and re-checking. AB’s Fingertips Triple Entry Suite will serve as a shield against fraud as invoice details as well as the suppliers’ bank details as well as all invoice data would be recorded in the Blockchain and can never be manipulated. (WP)

I have no doubt about the project and the capacity of the team to deliver. Still i think will be necessary at least 12 months from now to see such gains.

Expecting anything is technically unrealistic because of how risky this space is. However, as more time passes I think we will see more opportunity surrounding this project. Their 3rd party integrations could cause quite a stir. I did my analysis and went in with the 100% bonus, feel free to take advantage of the 50% bonus while it lasts here: https://www.theaccountingblockchain.io/?aId=7543845-2892534 we'll both get an additional 5%!

We can call all early investors optimistic. I think there is a certainty that such a product has value for consumers. And if the idea of a team as a global product is realized, then such prospects are quite real.

Well, as I understand it will be a new generation. which will allow large companies to save millions of dollars.

I think your prospect (x20) is too optimistic and a bit unreal. It will be needed that at least one of the AB platforms be released to happen what you're saying. (and not in a bearish market)

To participate in exhibitions and conferences the team needs to have a presentation of their capabilities. I think that after passing certain stages of work, the team will certainly present them at such events.

Such ideas should have a good as from companies that are engaged in the development of accounting software. How do they consider cooperation?

I hope that   we will see a calendar of events, in which all the planned events with the participation of the team. I'm sure they could be of great use in finding investors.

I am not yet ready to fully predict my strategy at the time the token is released for exchange. But I think there will be many participants who will wait for the completion of all the work on the platform.

judging by the road map, the first working prototypes we can see in December 2018. It will be really cool! I'll wait for the results from the developers.

Well, the full launch will only happen after 2019. So it would be logical to keep the tokens until this time.

Yes it's quite a large amount. Although this is not surprising, advertising is now very expensive.

The marketing company of the project receives 10% of the investment collection. I think it's enough for the project to become recognizable, and it will bring even more growth.

I agree with you. After expanding the application of the product around the world, not only in Europe, the token can get very high growth. But we need to wait for maximum development.

Well, if it helps you to make X20 within a year, then I think it will be just an excellent business.

For development needs good support of investors in the first stages. The team immediately continues to use the received capital. Hope this will pass quickly.

I think so, but the token will have to be kept for more than a year. This is essentially an investment in a long time. So you need to have this in mind.

Hello! I liked the idea, I think it will be very in demand and if the team fulfills its promises, we will be able to make very good money on this project.

the second wave will soon be over and after that the discount will be 25% so that those who want to buy tokens in the near future will better hurry.