BHP Billiton Accounting Software

This report examines BHP Billiton's adoption of accounting software and its impact on business operations. It analyzes the company's structure, operational challenges, and the implementation of an ERP system. A flowchart illustrates the sales process. The report also discusses the benefits of accounting software, including time savings, financial data monitoring, cash flow management, and reduced errors. It addresses challenges faced by customers using the software and provides recommendations for BHP Billiton. The report highlights BHP Billiton's market leadership and analyzes the factors contributing to its success. Overall, the report provides a comprehensive analysis of BHP Billiton's use of accounting software and its implications for the company's future.

Running head: ACCOUNTING SOFTWARE PACKAGE
Accounting Software Package
Name of the Student
Name of the University
Author’s note

1ACCOUNTING SOFTWARE PACKAGE
Executive Summary
BHP Billiton is the combination of the two companies BHP Billiton and Billiton Plc, the duo
has decided to unite and continue their business activities. BHP Billiton should take up DLC
architecture for good and this approach will help them to flourish their business. All the
initiatives and the approach have been highlighted in this report. The report also showcased
the taking up of the accounting software that can take the excess pressure from them, can
make the business process smooth and agile. The report also grandstands why they are treated
as the business leader. The report also discussed the business flow via flowchart, also focused
on the challenges they faced.

2ACCOUNTING SOFTWARE PACKAGE
Table of Contents
Introduction................................................................................................................................2
PART1........................................................................................................................................3
1. BHP Billiton Companies Structure....................................................................................3
2. Operational issues that BHP Billiton can face due to the mentioned structure.................3
3. ERP method take up by BHP Billiton................................................................................4
4. Sales procedure flowchart for BHP Billiton......................................................................5
5. Analysis of the control problems involved due to adoption of DLC architecture.............6
PART 2.......................................................................................................................................7
1. BHP Billiton adopting the accounting software packages.................................................7
2. The current market size......................................................................................................8
3. BHP Billiton: The dominant leader in the market and the reasons behind holding the
supremacy for long.................................................................................................................9
4. Customers facing the following issues while using the accounting software of BHP
Billiton..................................................................................................................................10
Conclusion................................................................................................................................11
References................................................................................................................................12

3ACCOUNTING SOFTWARE PACKAGE
Introduction
BHP Billiton is the combination of the two companies BHP Billiton and Billiton Plc,
the duo has decided to unite and continue their business activities (Rozanov et al. 2014). BHP
Billiton is now administered by a board of management team and the company’s headquarter
is situated in Melbourne, the company also have other branches and those are based in
Johannesburg and London.
The report will showcase how BHP Billiton can be benefitted from the DLC
architecture and what steps they should undertake for the betterment of their company. They
have faced issues along the way and those issues will be highlighted in this report. The issues
can be mitigated via ERP methodologies and that will be detailed well in this report. The
sales procedures have been discussed thoroughly in the report in the form of a flowchart.
BHP Billiton can embellish their business activities with the assistance of the accounting
software available in the market and this report will show all the possible benefits the
accounting software can provide to BHP Billiton.
PART1
1. BHP Billiton Companies Structure
BHP Limited and Billiton Plc planned to share resources of their respective
companies for their joint venture and they all form a Board of Directors for administrating
and controlling BHP Billiton. The shareholders have taken some initiatives to improve the
business works of the enterprises (Pierdicca, Pulvirenti and Pace 2014). From these
approaches, the shareholders of both the enterprises can gain profit and they hope they can be
benefitted largely.

4ACCOUNTING SOFTWARE PACKAGE
Both BHP Limited and Billiton Plc have decided to implement and configure DLC
structure for their premises and this DLC architecture can provide them with the i. sharing
goods ii. Integration of considerable cheap elements that have a prolonged lifetime.
The ASX and LSE give both the companies to gain a competitive edge from the
global financiers and global financial markets (Mirzoev and Lyubartsev 2013). The proposed
DLC architecture will definitely assist them to share the resources among themselves and to
gain large market share.
2. Operational issues that BHP Billiton can face due to the mentioned structure
The DLC architecture assists the shareholders of the enterprises to sell their resources
and goods and other assets. Therefore, due to this sharing of shareholders improve the
flexibility and definitely, both of the companies can prosper from this joint business venture.
The proposed DLC structure has the capabilities to strengthen the economic
background of both the enterprises (Jaffeand and Irizarry 2014). The whole project has
become quite costly as a result of configuring the DLC structure, but they should not worry
as that will help both the enterprises in the long run to conduct business.
The two enterprises are based in two countries, so initially it is difficult to communicate and
to share the resources in between, and for this reason, the market share of the companies will
decrease significantly. However, they must be confident and should have the self-belief that
they can gain profit in mere future (Petoukhov et al. 2012). They have the plan, they have the
proposed design and they have the capabilities to turn around and prosper. This could have
been profitable if they were a single company but however, they should consider that the
DLC would help them in the long run.

5ACCOUNTING SOFTWARE PACKAGE
3. ERP method take up by BHP Billiton
According to BHP Billiton Petroleum, they want to embellish their premises’ procure-
to-pay techniques with Quadrem's electronic system to flourish the business and this
electronic system completely follows the API PIDX regulations.
The ERP system can help BHP Billiton Petroleum to facilitate bill payment; it also
assists to make a proper analysis of the data expenses associated with commercial
transactions. The engineers can take advantage of the ERP system to manage the account and
this will reduce the extra effort to manage and control the account. Thus ERP system can
definitely help them to conduct the business activities (Pfleger et al. 2013). The employees
are preferring electronic mails over ordinary mail services and in this way they can achieve
goals they want to achieve with ease with the help of this approach.
4. Sales procedure flowchart for BHP Billiton

6ACCOUNTING SOFTWARE PACKAGE
Fig 2: The Flowchart of sales procedure of BHP Billiton
(Source: Blum et al. 2012, pp-1728-1742)
First the customer is requested whether they are ready to buy the goods then it is
checked whether it is available in the stock or not, if available the goods are confirmed and
the money transaction between the clients and BHP Billiton representatives occur, after the
payment, the clients are handed over the necessary goods (Christauskas and Miseviciene
2012). The clients afterwards collected the gods and finally after service procedures are
conducted.
5. Analysis of the control problems involved due to adoption of DLC architecture
The DLC architecture can help both the enterprises a lot. This architecture can bring
some immense advantage to BHP Limited and Billiton Plc. However, besides the advantage,
there are adverse effects associated with it. The adverse effects that can occur are- on e
company can just vanish, the other company can get to the top. For this reason, the
enterprises can face huge loss and this can create a negative impact on the shareholders.
There is another issue associated, the enterprises located in two geographically dispersed
regions can face issues related to currencies, both the two countries use two kinds of
currencies, so after that failure it can be really difficult for them to share the resources and the
market share and carry on their business venture (Blum et al. 2012). Thus if they face loss or
get into this kind of scenario, they must keep themselves ready to pay the huge amount of
money, they must keep themselves to cope up with the difficult time and lastly, they should
reunite and work hard to get the share back which they have lost.
The DLC architecture has another adverse effect. The investors must be provided with
the dividends and it is absolutely necessary. There is another thing that must be considered,
the dividends that they are receiving are tax effective or not. A scenario can incur where the

7ACCOUNTING SOFTWARE PACKAGE
shareholders in the top company are not receiving the dividends, and if they get, the
dividends can be inadequate for them (Billiton 2012). The DLC structure should show lights
on the issues, those issues should be focussed and should be solved so that the top enterprise
can get the required advantage.
The tax section within the DLC structure must be considered and must be measured as
these outcomes may affect the economy at both the stockholder and enterprise level (Schmitt
and Raisch 2013).
PART 2
1. BHP Billiton adopting the accounting software packages
Save precious time: The accounting software can definitely save precious time of
both the enterprises, the employees of these enterprises can get the benefits of this software
can reduce the hard work of the employees. They do not have to calculate the records so the
software reduces the hard work.
Monitor the finance data: BHP Billiton does not need to work on the data manually
instead the software does the job for them, the software can update the details for them
(Billiton 2014). Thus it can be concluded that the software can give them numerous benefits
to them.
Manage of cash flow: The accounting software can help BHP Billiton to calculate the
cash flow of the enterprises all the time, so the employees of the enterprise do not have to
worry about the updates, this software can also keep records of each and every payment.
No time to learn: The owners of the small enterprises are keen on learning new
things, they not willing to learn the software usage, also due to lack of resources they show
less interest (Billiton 2014).

8ACCOUNTING SOFTWARE PACKAGE
Fewer mistakes: The software usage diminishes the chance of errors and mistakes
incurred within, so by taking up the accounting software, BHP Billiton can conduct all the
business operations with more efficiency.
Providing advanced solutions: The optimised and advanced data and database
solutions can be achieved via the accounting software, the software also provides security
solutions to the enterprise, and the software ceases the security risks residing within
(Woodside et al. 2013). The agile and efficient software solutions can be available via this
software.
Digital copies: The accounting software can offer the benefits of saving documents as
soft copies or digital copies. The enterprises along with the investors must keep with them the
soft copies with them.
Benefits of Mobile apps: The mobile apps of the accounting software can be found
beside the software of the desktop version. These apps are for the platform iOS and Android.
This can assist BHP Billiton to carry out their business activities at home and anywhere
outside the home.
2. The current market size
BHP Billiton is the international leader in the metal industry. The company also offers
resources other than metal and those resources are profitable. BHP Billiton is known to
provide the quality service from the beginning and they do not compromise with the nature of
the metal and the resources (Wilson 2012). They conduct their business all over the world
and they are known for selling the resources- aluminium, diamonds, coal and silver. Their
aim is basically to become the international market and their hard work pays off.
BHP Billiton stated that it will take over others in the market and they reflect can be
seen on April 26, 2017, when they made a huge investment.

9ACCOUNTING SOFTWARE PACKAGE
Earnings History showcased that BHP Billiton acquired about 0.654 in each and every
share they made in 2017; Revenue History also added that BHP Billiton Limited acquired
revenue income of 19.31 bn in the year 2017 and still continuing.
Fig 2: The Market Growth of BHP Billiton
(Source: Blum et al. 2012, pp-1728-1742)
3. BHP Billiton: The dominant leader in the market and the reasons behind
holding the supremacy for long
BHP Billiton is the world’s popular natural resources and metal service, provider.
They also sell quality products at least affordable price rate and the products are nickel,
diamond, manganese, steel-based products and other natural and gas and resources.
The company is the major supplier of iron ore based goods. BHP Billiton is the third largest
nickel and copper manufacturer; they are the sixth largest manufacturer of aluminium all over
the world. Besides all these resources and metals, the company exports thermal coal and they
are largest exporter in the world (Floris, Grant and Cutcher, 2013). BHP Billiton sells these

10ACCOUNTING SOFTWARE PACKAGE
products and provides all these services across Asia, Europe and US markets, they too are the
international supplier of this area. BHP Billiton also carries out their gas and oil business
around various countries which include Tobago, Trinidad, Australia and the UK.
Another point to be mentioned and that is that BHP Billiton is the lead manufacturer
of the two metals zinc and lead. From the mentioned parameters it can be confirmed that
BHP Billiton is on the driver seat and they are the global leader in many resources and
metals, it is hoped that they will prosper in coming future (Trüby and Paulus 2012).
4. Customers facing the following issues while using the accounting software of
BHP Billiton
The challenges or issues faced by customers while using the accounting software are-
Meeting the requirements or not- BHP Billiton can find the accounting software is
not serving the purpose, in this scenario, it may happen BHP will have to reject the software.
The configuration of the software- BHP Billiton must take the assistance of the
professionals to install and configure the software. The employees can face several problems
during the usage of the software initially.
Help and support- BHP Billiton will have to pay heavy for the up gradation of the
accounting software to assure the safety of the software as well as the company, they should
know the outdated software is vulnerable to malware attack, thus they need proper precaution
(Vulkan, Roth and Neeman 2013).
Costing: BHP Billiton worked on paper and this paper work is definitely cheap, but
one should consider the costing of the accounting software, so they must keep in mind that
they will have to pay heavy for the accounting software.

11ACCOUNTING SOFTWARE PACKAGE
Recommendation: BHP Billiton must stay aware of the accounting software, they must be
sure whether the software is meeting all the prerequisites or not, they must keep in mind the
price of the software along with the software’s monthly upgrade charges. They must have a
person having technical knowledge of the software who can assist them in need, along with
them will help the employees to become knowledgeable.
Conclusion
It can be concluded from the above discourse that BHP Billiton should take up DLC
architecture for good and this approach will help them to flourish their business. All the
initiatives and the approach have been highlighted in this report. The report also showcased
the taking up of the accounting software that can take the excess pressure from them, can
make the business process smooth and agile. The report also grandstands why they are treated
as the business leader. The report also discussed the business flow via flowchart, also focused
on the challenges they faced.