Become Part of the Intrachain Revolution
All Benefits of Intrachain summarized
Dear Intrachain Community,
In last week’s blog post, we have shown you that the ICO market is rapidly growing.
In October we will start our own Intrachain ICO. In the following blog, we want to highlight the fact that the accounting world is indeed ready for a revolution powered by Intrachain. Also, we are going to summarize all the benefits that Intrachain offers to its customers.
Intrachain is a process mining software with an integrated blockchain for intragroup cost allocation and transactions. In our software we transform relevant data into smart contracts on the blockchain which enable automated account keeping, booking and payments.
The accounting world is ready for a revolution
As we have said: The accounting world is ready for a revolution. Increasing investments in the finance and accounting sector further indicate that the industry is ready to automate certain processes. Management teams are willing to spend more money on enhancing the reconciliation process, as they see the need for improvement. Therefore, many firms rely on accounting software for a more cost efficient and accurate way of accounting. The global accounting software market is expected to continuously grow over the next years. According to Research Nester, the global market for business accounting software was valued at revenue of USD 3.2 billion in 2016 with a compound annual growth rate (CAGR) of 6,3% over the forecast period from 2017–2024. By the end of that period, the market can thus be expected to reach a valuation of approximately USD 5 billion.
Customer’s benefits
The Intrachain software will not only revolutionize the accounting world, but more importantly create unmeasureable benefits for its customers:
- Due to the decentralized storage of information that Intrachain offers, all parties involved in the transaction process have the same information.
- This leads to manual reconciliation becoming obsolete, saving companies valuable time and money. This is mainly because Intrachain’s solution requires lower staff costs and lower application costs compared to competitors.
- The integration of the blockchain which leads to an automation of processes furthermore helps to erase human errors, leading to the highest possible data quality and eliminating common problems and risks associated with reconciliation.
- The Intrachain software is compatible with all IT landscapes due to the Intrachain API. This helps companies to optimize their processes and maximize their revenue.
- The Intrachain software is finalized and tested. Due to this mature stage in form of an existing prototype, we ensure a quick market entrance.
- We ensure a higher token price due to decreasing token supply. This is because we will keep the token supply short which leads to a high demand of Intrachain tokens.
Furthermore, with a customer-focused marketing strategy, Intrachain aims at covering the need for a more effective solution in terms of intragroup reconciliation processes. Offering the first product of its kind, Intrachain has the opportunity to capitalize on the first-mover advantage and establish itself as a global company for automated accounting and reconciliation processes.
Join the ride and become part of a revolution! Next week, we will summarize the vision we have with Intrachain. Stay tuned!
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