With the continuous growth of cross-border business and the trend of multi-dimensional growth in transaction volume, enterprises going overseas are facing various challenges such as increased transaction scenarios and increasingly complex business lines. However, many SMEs lack experience in account fund management, and various problems often arise. Therefore, small and medium-sized overseas enterprises are in urgent need of a solution that can realize multi-user management and strengthen account capabilities.
When your account is not managed properly, problems may occur:
1、Inefficiency, cumbersome processes: due to unclear enterprise structure, as well as unclear division of labor among personnel, it is easy to lead to poor coordination of work within the enterprise, poor flow of information, confusion in decision-making, as well as overlap of work and other issues, which results in a waste of human resources, time and resources, affecting the efficiency of employees and the overall pace of operations.
2、The operation of the funds is not flexible, the risk of climbing: the complexity of the enterprise funds to pay the process, the audit steps, the lack of flexibility in funds management and operation, is not conducive to the later reconciliation, the financial situation of the enterprise has an adverse impact, but also increase the possibility of capital risk.

Image source: Qbit
To address the problems of enterprise customer fund management and account control, Qbit account launched the "multi-user management" function, which is mainly to help overseas enterprises further refine the account use and operation authority of the employees in different positions of the team, simplify the financial approval process, and improve the enterprise account control ability and the overall efficiency of teamwork.
"Qbit Multi-User Management allows companies to configure account permissions according to the actual needs of each position in the team, and authorize employees to operate different applications and functions of the account, which effectively strengthens the team's ability to collaborate, and can better carry out the international operations of the business.
Overseas business environment usually involves different job content, Qbit supports you to set up account privileges for finance, manager, budget holder and other positions. As each role has specific responsibilities and needs for accessing and operating information and data in cross-border operations, it is important to give them the appropriate permissions to facilitate the smooth operation of the business.
In the future, Qbit will continue to provide enterprise customers with more excellent product services and high-quality fund management experience according to the changes in market environment and customer needs, and help more overseas enterprises realize smoother international business operations.
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