Executive Summary of Burbank Boards Essay

SMW’s current accounting information system is a cutting edge relational database system through Microsoft Access with internal controls set to adequately prevent and detect errors and fraud. This relational database system tracks sales orders, shipments, accounts receivable, cash receipts, purchases, accounts payable, cash disbursements, inventory levels and other relevant accounting information. The system’s output is compliant with Generally Accepted Accounting Principles (GAAP). The database processes currently in use at SMW are described below.

4. What problems under the old system are solved or mitigated by the new system?

The supply department cuts purchase orders (PO) for shipment after they have been received. If there are defects in the products that are received then the product may not be returnable or if any price negotiations should occur at the time of shipment cannot happen because the shipment was taken in without inspection.

Identify Major Issues: Describe the major issues, both current and historical that may or have impacted the need for the project.

4. Product shipments to customers were jeopardized, and orders were at risk due to an inability to ship on time.

The increased number of IT investment is applied in organization. It is clear that information technology has become the competitive fact in world business. Collaboration is the new trend in business world. No one can deny the importance of information technology application. Besides the profits outcome, the impacts of information technology deployment also create commitment, trust and value. Advanced information system can improve each steps of business process. It enables people to share information, performance task simultaneously and making decision efficiently. IT companies designed different products to satisfy each step of business operation in terms of manufacturing and human resources. Seminole should apply this new IT infrastructure to business operation. Firstly, company can use the transaction processing systems (IPS) to keep track of all business activities and transaction of the organization such as payroll and employee record keeping. IPS also shows all information from internal and external operation. Secondly, Business intelligence systems are designed for decision-making support. Management information system (MIS) is a system that helps managers to keep track of company performance status, which purposed for decision-making and evaluation. Decision-support system (DSS) is purposed for future business decision-making. Thirdly, Enterprise application systems are designed for integrating business process from different functions, such as supply chain

Accounting information systems (AIS) are useful instruments businesses use in the management of business activities. The kind of system installed depends on the size, nature of a business and the objectives managers have. One common objective though is that to minimise cost and increase

As long as this world have businesses and buying and selling within company to company accounting and Accounting Information Systems (AIS) will play a big role in financial management and decision making. The degree of value and how usable an AIS is depending on if the system is custom, outsourced or boxed. In this paper I will talk about just that. You will find out if the company should keep, change, modify or outsource and what will be the advantages and disadvantages of doing so. Analyze the need for changing to a new system and the potential benefits and risks associated with this. Identify three (3) advantages

The system that I proposed for this company to use is Apriso Warehouse, which will help to improve the inventory. This new system proposal for Riordan is a system that is updated and will update automatically. It will help to improve all of the difficulties such as: data transferring problems, system being outdated, compatibility problems, data tracking, documentation, and unorganized systems. Some business requirements would be a new computer system, new internet, and software programs. The information in this new system will be safe and secure. Certain people get certain amount of

The main aim of using the system thanking is by enable us to analyze complex issues which illuminate our way. System have five key ideas bear main which illustrate the system thinking :

Systems are the supports that run the organization. The main systems issues that emerged from data collection

The main problems with the existing system and goals for the future system identified as below:

lack of time. This led to several problems related to order management and fulfillment, and orders from

Above all are Issues in the current system. Now we going to discuss about the problems of those issues. There are lot of problems are related with this current

EXISTING PROBLEMS AND WEAKNESSES IN THE CURRENT PROCESSES AND ADDITIONAL CAPABILITIES NEEDED TO BE DEVELOPED: