Microsoft's software products have long been available to customers globally through third parties. But cloud computing is changing the sales paradigm and prompting the company to explore setting up shop locally in emerging economies—first stop, Brazil.
"This will be the first time we'll accept local payment types in the country," says Gretchen Kurth, treasury chief of staff at Microsoft.
Redmond, Wash.-based Microsoft's push to offer cloud-computing services—in late June it announced the cloud availability of its Office 365 suite of applications in 40 markets—is prompting the company to explore how to take local payment types from customers in other countries as well as Brazil. The effort may involve Microsoft's incorporating in some countries to accomplish that.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
