As the Bulgarian business landscape prepares for the introduction of the euro, many businesses are seeking guidance and support as they navigate this significant change. At Novarto, an SAP Gold Partner for consulting and implementation in Bulgaria, we are pleased to announce the launch of a new service designed to assist companies in this transition.
We sat down with Borislav Minkov, Managing Director of Novarto, to discuss the new EUR Conversion Readiness Service and its impact on businesses in Bulgaria.
Q: Borislav, tell us about the new EUR Conversion Readiness Service. What is it and what problems does it solve?
A: The EUR Conversion Readiness Service is a comprehensive solution that provides businesses in Bulgaria with a step-by-step approach to ensure a smooth and seamless transition to the euro. It’s more than just a technical solution; it’s about helping businesses understand the complexities of the change, address potential challenges, and make recommendations about the necessary adjustments to their systems and operations. The service was born out of the need to help companies navigate this critical process. The euro changeover involves not only technical updates but also changes to financial processes, reporting systems, and even business strategies. Our service is designed to provide the guidance, expertise, and support that companies need to successfully manage all aspects of this change.
Q: What sets it apart from other solutions available in the market?
A: We are uniquely positioned to offer this service because of our deep understanding of both SAP ERP systems and the Bulgarian business environment. Our team has extensive experience in implementing and managing SAP solutions, and we have a strong understanding of the specific challenges that Bulgarian businesses face.
The service is tailored to each client’s individual needs and is based on a thorough pre-assessment of their current operational functions, systems and configurations. This allows us to identify potential risks and challenges early and develop tailored solutions to address them effectively.
Q: What are the key benefits that businesses can expect from using the EUR Conversion Readiness Service?
A: The primary benefit is to bring peace of mind to our clients. Businesses can be confident that they are well-prepared for the euro conversion, with a clear understanding of what needs to be done and how to do it. This helps to avoid costly delays, minimize disruptions, and ensure that the transition goes smoothly.
Beyond that, the service helps businesses optimize their processes, improve efficiency, and minimize potential risks. It also ensures compliance with all relevant regulations and standards, which is crucial for avoiding penalties and maintaining a good reputation.
Q: Novarto is known for its commitment to supporting businesses in Bulgaria. How does this new service demonstrate that dedication?
A: Novarto has always been deeply invested in the Bulgarian market. For example, we are the first company offering the localization package for SAP Business by Design. This new service is a natural extension of that commitment. Im incredibly proud of our team and their dedication to supporting Bulgarian businesses.
Q: What are your hopes for the impact of this service on Bulgarian businesses?
A: We hope that this service will empower businesses to confidently navigate the euro transition. We want them to see it as a positive step forward, an opportunity to enhance their operations, improve their competitiveness, and expand their reach. By providing the necessary support and expertise, we are committed to helping Bulgarian businesses thrive in the years to come.
