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Business strategy
Security measures for a 100% cash based business.
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[QUOTE="Axis, post: 340255, member: 66672"] Many businesses exist in the financial sector and of course to properly run a business in the financial sector there must be a high degree of security measures in order to measure that cash deposited by customers and client do not fall into the hands of unauthorized or unknown individuals. It is however necessary and important that safety measures be considered when examining the establishment of a financial based business. One of the most major and good security measures in this aspect is to make all transactions and operations as well as activities to be done electronically so that at the end of the day proper assessment of business operations can be carried out in order to trace errors and rectify problems. The system must have a two-factor authentication so that only authorized individual can have access to the system where cash are being stored. Last of all they must be checked and balances as well as authorization and approval from two or more different personnels in the business organization which of course involves the segregation of duties. [/QUOTE]
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