Kudler Accounting Program
The accounting system is a crucial part of the business operations devices. The current accounting systems, when comprehensive, are lacking some important features that can increase rewards and reduce loss. The accounting information devices are used to collect financial info and provide information for external and internal decisions. These types of decisions incorporate marketing, getting, payroll, opportunities, sales, and accounts, the two payable and receivable. The goal of a new accounting information system is to take advantage of fresh key features and key technologies that will aid to keep the organization agile in its decision making and better willing to compete in today's market and economic climate. The current strategy is modular in design to make to be scalable so the upgrades and revisions can be built so that a brand new accounting program could integrate and build for the existing system. Key Features
The key features for the purposed accounting information system include adding the accounting systems while using rest of the organization systems, auditing software, cash strategy software, bundled accounting and finance software, the use of XBRL programming language for processing reports, ENTERPRISE RESOURCE PLANNING (Enterprise Reference Planning), SCM (Supply Sequence Management), CPFR (Collaborative Planning, Forecasting and Replenishment), CUSTOMER RELATIONSHIP MANAGEMENT (Customer Romantic relationship Management) and, KM (Knowledge Management). Crucial features could also include financial planning and budgeting, monetary and monetary forecasting, and integrated accounting and business software. Industry specific software would be utilized tie in costs to software for success. IT systems will also employ auditing to aid track fraud and other dangerous expenditures. Financial ratio research will become better as they could be completed quicker and with more information. Success analysis and cost control will be able to function at the best possible performance amounts with regular and additional data...
References: Axia College of University of Phoenix. (2012). Information Technology intended for Management
Recovered January '08, 2012, from Axia University, Week 3 reading, BSA/310 -
Business Systems Training course Web site.
Axia College of University of Phoenix. (2012). Core Ideas of Accounting
Retrieved January 08, 2012, from Axia College, Week Three browsing, BSA/310 -
Business Systems Course Internet site.