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Human resource issues are often forgotten. You may need to train staff
so they understand how the euro could affect your business processes and
ensure you give a positive impression to customers.
Key points
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The euro does not just affect your
finance staff. You do not want someone to accept a payment in lira
which should have been made in euro. |
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If you price in euro you may need to
train your marketing and sales staff. This will ensure they understand
new euro prices and know how to produce quotes and accept payments
in euro. |
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If you purchase in the euro area you
may also need to train your procurement staff. A single currency should
make it easier to compare prices across the euro area, although you
need to consider shipping costs, tax and implications for any associated
customer service and warranty. |
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You should also consider the implications
for any agents or overseas-based staff. |
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Staff who handle cash will need careful
briefing. This will help them become familiar with the security features
of the new currency and company policy on acceptance of legacy currency
cash payments. |
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