Technology Tools And Their Effects On Managerial Accounting

Unit 6 - Case Study NIBCO’s “Big Bang”: An SAP Implementation Professor: Richard Yellen Student: Vo Ngo Lan Phuong Course: Ham 23 ID: 217496 Professor: Richard Yellen Student: Vo Ngo Lan Phuong Course: Ham 23 ID: 217496 Hanoi, 11/2012 CASE STUDY Table of Contents I. Overview 3 II. NIBCO’s implementation of ERP solution 3 III. Pros and Cons of “BIG-BANG” approach for ERP 4 IV. ERP project implementation: lessons and recommendations 6 List of Reference 9 Case Study - NIBCO’s SAP Application Implementation I. Overview The case shows the implementation of SAP ERP solution in NIBCO, a manufacturer of pipe and fittings, a mid-size manufacturer with about 3,000 employees and revenue over 460 million USD. The company

This process reduced not just customer’s satisfaction but also profit; there is a need for a financial information management to integrate all their business processes. SAP (System Applications Program) was introduced to the company to ensure efficient communication among the different modules of the business process.

The IT staffs were certain that the existing SAP software will provide all necessary computer support. They believed that even if the SAP would not fit their business processes precisely, it may be an investment that provides greater long-term flexibility and better solutions to the company’s problem.

Key findings in Bandon Group 's IT infrastructure indicates The SAP/ERP package can contain software for Human resources including accounting/payroll software or IT software such as ticketing systems where customers can place service calls to have tech support correct a technical issue remotely or physically. In addition to integration of the company 's information, providing e-business related services such as the use of online bill pay/inquires, using electronic media to contact existing customers, and election web-based information services for customers will help Bandon improve business operations and its customer support if the company uses SAP for its ERP package (SAP, n.d.).

I feel that the changes made in SAP will stay in place for years to come.  Now that steps have been gathered to analyze large amounts of employees, customers, and sales data being generated by companies it will enable SAP to create new processes and applications that will strength

This is the first type of accounting system. It utilizes paper-based journals and ledgers. Nowadays, Computer-based transaction systems replaced some paper records into computer records. Manual system is labor intensive for this system relies on human processing. Because manual system relies on human processing, they may be prone to error.

SUGGESTIONS FOR IMPROVEMENT In order to alleviate its server capacity constraints, speed its data retrieval process and reduce the number business systems used, Williams-Sonoma should upgrade to Windows 2000, purchase new servers and implement the SAP program. SAP is a customized program package that integrates a company 's supply chain. It 's primary function is the ability for order management, sales and distribution to communicate electronically with the financial systems and controls by providing real-time information for decision making. The system is fast, user friendly and most importantly real-time. It is beneficial because it reduces human error, improves productivity, improves data

In the modern business today, there is no more manual accounting. Instead a lot of companies and businesses all over the world are trying to use and adapt by having an accounting system that is computerised, less hassle and fast processing.

SAP provides businesses scalable and customizable solutions for all aspects of your clients' businesses, from production to marketing and Human Resources to finance reporting. Moreover, SAP products and applications will allow your clients to operate at peak efficiency levels, with better communication and faster decision-making. Therefore, the

According to Keda’s case, without an ERP project, a company will run into many problems such as business performance, redundancy, ill formed decisions, losing potential financial gains, and not having a sturdy business process. Zhu says, “In managing the enterprise, our most important task is to provide the needed information

SAP was founded in 1972 and today they are recognized as the world's largest inter-enterprise software company. Their products cater to various sectors of industry and every dynamic market. Their diverse software products have placed them as the third largest independent software supplier and their continuing excellence makes them a premier software company. The superb technological advances they have achieved in software have allowed SAP to maintain a high regard of respect from other major corporations in their industry. By implementing user-friendly software programs they have crafted a service and development resource that has allowed these major corporations to create an efficient supply chain and increase customer relations in

1. Current System Deficiencies The current accounting software package may not be the most appropriate software package for (IRCL) due to an array of factors. The developer of the existing software package did have good technical IT skills, as referred to the case study. This draws attention to problematic issues such as ‘inadequate support of business’ which refers that the implementation of newer and efficient technologies to make operations run smoothly which improves functionality and performance, which were not taken intro consideration by (IRCL). This is evident, as the current software cannot process more than one thousand transactions a day causing a severe impact on the potential client growth and the expansion of the business whilst also having a detrimental impact on the economic growth of the company. Furthermore, another limitation of current software is “inability to handling production data capacity’ The inconsistent and inaccurate distribution of data in the in the inventory and sales databases could lead to communication issues and have a product appear to be in stock where in reality it is not. This is giving clients false

White Paper SAP eRec - Attachment title display for Line Managers March, 2015 Table of Contents Abstract 1 1. Introduction 1 2. Business case 1 2.1 Solution Design 3 3. Conclusion 4 4. Prospects for IGATE – SAP Competency 4 5. About the Authors 5 Abstract Any tool that is used by customer should be user friendly. SAP being one of the strong GUI software has it's competitive edge over other ERP applications. Hence the expectations from SAP is very high.

MBO – Management By Objective requires the manager to set specific measurable goals with each employee and then periodically reviewing it with the progress reports. In India MBO was introduced in 1970, the company which first introduced this performance rating technique was Madura Coats. The early 1970s was a crucial

SAP is a software company whose main product is an Enterprise Resource Planning (ERP) software. SAP was founded in 1972 in Walldorf, Germany under the name System Analysis and Program Development. (SAP) SAP has more than 54,000 employees with sales and development locations in more than 50 countries. Their revenue