General

Country is a crucial entity in OCS.io that is primarily used to support the multi-country deployment of your CRM and OCS.io Product Catalogue. Each country may have its own regulatory requirements, pricing policies, and product offerings. By defining countries in OCS.io, operators can easily manage and customize their offerings based on the local conditions of each country.

In addition, country information may be used for various purposes, such as:

Overall, the country entity plays a crucial role in OCS.io, enabling operators to manage their business operations across multiple countries and customize their offerings based on local requirements and market conditions.

In OCS.io, multiple Currencies can be configured to support international business operations. These currencies can be used for various purposes, such as pricing, invoicing, and revenue management. The system also allows the configuration of virtual currencies, which are not tied to any physical currency but can be used for loyalty points, rewards, or other promotional programs.

Virtual currencies, like loyalty points, are valuable to businesses as they enable them to incentivize customers and promote customer loyalty. With virtual currencies, companies can create and manage their loyalty programs, which can attract and retain customers.

OCS.io support for multiple currencies and virtual currencies makes it easier for businesses to operate in multiple regions and offer customers customized pricing and promotional programs. The system also allows the management of currency exchange rates and conversion, ensuring accurate revenue management and reporting.