Report on Implementation on Accounting Information System

Running head: IMPLEMENTATION OF AIS/ERP SYSTEMS IN PUBLIC TRANSPORT
Implementation of AIS/ERP Systems in Public Transport
Public Transport Victoria (PTV)
Name of the student:
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Author Note

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IMPLEMENTATION OF AIS/ERP SYSTEMS IN PUBLIC TRANSPORT
Executive Summary:
This report focuses on the consequences of implementing Accounting Information System (AIS)/
Enterprise Resource Planning (ERP) into the existing system of the Public Transport Victoria
(PTV). The purpose of this report is to implement AIS/ERP (Accounting Information System/
Enterprise resource Planning) systems for PTV (Public Transport Victoria). This report
emphasis on the business process and requirements those are essential for the implementation of
AIS/ERP into the existing system of PTV. Software and vendor selection for making this
implementation successful have been proposed in this report. This report explains how PTV can
improve the efficiency and effectiveness through this implementation into the system. There are
various risks related to this implementation, which can cause serious damage to the whole
system. This report put emphasis on these risks and proposed some measures that could be
helpful in mitigating or completely eliminating such risks.

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IMPLEMENTATION OF AIS/ERP SYSTEMS IN PUBLIC TRANSPORT
Table of Contents
Introduction:....................................................................................................................................3
Business Processes:.........................................................................................................................3
Business Requirements....................................................................................................................5
Systems Requirements:....................................................................................................................7
Software and vendor selection:........................................................................................................7
Utilization of Technologies.............................................................................................................9
Evaluation of Efficiency of the Technology Implementation:......................................................11
Potential Security Risks and Data Breaches:.................................................................................12
The potential Risks:...................................................................................................................12
The data breaches......................................................................................................................12
Mitigation of Risks:.......................................................................................................................13
Conclusion:....................................................................................................................................14
References:....................................................................................................................................16

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IMPLEMENTATION OF AIS/ERP SYSTEMS IN PUBLIC TRANSPORT
Introduction:
The world is being transformed into a digital world and evolving rapidly with the help of
innovative technologies that are playing important role in transforming this world. ERP is the
most innovative technology in the field of business where it is enhancing the way of operational
activities with more accuracy and in easy manner. Accounting Information System (AIS) is a
structure that can be used within the business in order to store, collect, process, report, manage,
and retrieve the data related to the financial or transactional data in manner to be used by the
consultants, accountants, consultants and other agencies for now (Agarwal and Koo 2016).
AIS/ERP can be defined as the integration of systems that is based on the cloud storage and
computerized activities for the data and information about the organization, its employees,
transactional details and many more. This innovative implementation will help in enhancing the
performance of the organization through minimizing the effort and increasing the accuracy.
Public Transport Victoria (PTV), the most popular public transport organization in Australia that
promises to deliver the best services for their clients. The aim of this report is to take in account
the consequences of implementing ERP system within its existing organizational systems and
counter the advantages and disadvantages of this implementation relating it with various aspects.
Business Processes:
PTV is currently working on the advanced technology but not with the latest technology
ERP that is changing the face of Accounting system and other operational activities. The records
are still being kept on the data of a personal without any backup and other demerits. Vehicles are
still being tracked via phone calls or messaging that makes all the processes time consuming and
calculations related to the finance and other transactional activities are still being done manually