A realistic environment for your practice firms, focused on easy implementation
Unfamiliair with the practice firm model? In short, a practice firm is a virtual company or simulated business based on the concept of learning-by-doing. Read more here.
Simrise enables your practice firms to operate in a realistic environment in which they can interact not only with customers and suppliers. But also with the bank, the registrar for registering or incorporating a company, Customs, the Tax Collecting Agency, utility companies, et cetera.
To easily find business partners, practice firms can use the Simrise web search engine, just as they would use Google, Yahoo or Bing in real life. Simrise provides an online store for each of your practice firms, operational at the outset and of course, findable through the Simrise web search engine.
Are you concerned that your practice firms are not getting enough sales from other practice firms? Or that the quality of the interactions is inconsistent? Simrise enables your practice firms to supplement their trading with marketing-based sales by virtual customers. International sales too, if required.
Simrise is a customizable solution for your curricular requirements. For example, simple payment by EFT (Electronic Funds Transfer) is supported but also more advanced payment options such as Import Documentary Credit (Import Letter of Credit).