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FDs lose enthusiasm for euro-compliance matters.

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PositionIT News Round-Up - Finance directors - Brief Article

The euro, once a software scare story on par with Y2K, is no longer a big issue for finance directors who are buying or upgrading their systems, according to a Financial Management survey of major suppliers at the Softworld accounting and finance show.

"Everyone was talking euro-compliance a year ago, but it's no longer a show-stopper," said Gary Turner, product marketing director at Pegasus. "It's a box that's ticked on the invitation to tender, but firms aren't upgrading their systems to be euro-compliant."

Robin Burton, head of business development at MIS, agreed. "Financial directors see it as another Y2K and they don't want to spend their cash on it," he said.

Other suppliers were even more dismissive. "It's just a...

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