XO Limited (www.barter-software.com), the worlds largest developer of barter and alternate currency software, began offering a “barter training manual†free to the barter community. Earlier in February, XO Limited released a range of software solutions for the barter industry.
“The manual contains a fair amount of information about how to operate a barter exchange, along with getting sales leads and managing customers.†Says Mr Evans, author of the training book. “ I cannot promise that it has everything in it, but it is a pretty comprehensive guide to operating an exchangeâ€.
For non-profit barter green-dollar, LETS or community run exchanges the company provides its services totally free of charge, a move that is aimed at helping to proliferate the idea of alternate currencies as a viable method of enhancing community wealth.
 Free Barter “Training†Manual On Offer
20th February 2006
XO Limited (www.barter-software.com), the worlds largest developer of barter and alternate currency software, today began offering a “barter training manual†free to the barter community.
“The manual contains a fair amount of information about how to operate a barter exchange, along with getting sales leads and managing customers.†Says Mr Evans, author of the training book. “ I cannot promise that it has everything in it, but it is a pretty comprehensive guide to operating an exchangeâ€.
Exchange owners are free to alter the manual as they see fit provided it contains the acknowledgements to the authors on every page.
The company hopes that the manual will help to educate the wider community about barter.
XO Limited produces a range of software solutions for the barter industry. Its system allows barter and alternate currency providers to offer self-branded EFTPOS, SMS, Phone, Internet and E-Commerce banking facilities to their members at virtually no additional cost. The company charges a nominal fee for its software and believes that it has the most complete and user-friendly software package of its type in the industry.
Those wanting to test the software provided by XO can go to: http://demo.xolimited.com
Copies of the barter training manual can be downloaded at http://www.xolimited.com/xodocs/bartermanual.pdf
New Zealand Software Company Takes Barter Mainstream
17h February 2006
XO Limited (www.barter-software.com) announced the official release of its range of software solutions for the barter, counter-trade and alternative currency industries.
The new software system allows barter and alternate currency providers to offer self-branded EFTPOS, SMS, Phone, Internet and E-Commerce banking facilities to their members at virtually no additional cost.
Added to its list of unique features the company has also developed a unique online trading platform to enable end-users the ability to offer goods and services to others utilizing the system, with transactions settled in barter currency.
Barter, the oldest form of commerce, is today a multi-billion dollar industry with the UNDP estimating that some 50% of all production and transactions still take place outside official money-based GNP-measured sectors of the world’s economies.
In 2004 IRTA estimated that approximately $8.52 Billion Dollars was transacted through reciprocal barter companies and other statistics show that approximately 85% of all Fortune 500 companies utilize barter to enhance their market-share and improve cash flow.
Founded in 2002, XO has grown to be the worlds largest developers of barter software with a team of 18 full-time development staff. In addition to its end-user facing functionality its systems provide full administrative access to exchange operators, enabling them to manage customer accounts, with the additional ability of being able to export data directly to Microsoft and third-party applications.
The XO developed software tracks barter transactions between multiple parties and across multiple countries and currencies. As part of its transaction processing service it attaches a quantifiable, measurable and exchangeable currency which is equivalent to the countries national currency, unless otherwise specified.
“Essentially an exchange operator can manage their own accounts, approve/edit/modify their members accounts, issue trade reports, have multiple resellers/commission agents, produce their own printed directory, issue EFTPOS cards, conduct mail-merges and send statements to their customers with ease.” Says Daniel Evans, Chief Information Officer of the company.
The company charges no setup fees and only a small ongoing fee per transaction (typically less than a ½ a percent) and manages the infrastructure, hardware and software development at its own cost.
For non-profit barter green-dollar, LETS or community run exchanges the company provides its services totally free of charge, a move that is aimed at helping to proliferate the idea of alternate currencies as a viable method of enhancing community wealth.
Interested parties can access a demo of the system at: http://demo.xolimited.com or http://60.234.66.147/index.html
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