Management Systems and Techniques in Business Operations
Added on 2020-10-22
14 Pages3041 Words284 Views
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Accounting Info Systems
EXECUTIVE SYSTEMThis assignment has made a discussion of strategic information system where,different types of diagrams and flow carts are formulated to execute operations of acompany. It includes cash disbursement purchase and payroll system that helps inanalysing the procedures need to accomplish major duties for attainment of corporategoals. As every technology and information system covers with various benefits andrisks. Therefore, to incorporate such system, it is essential for Bell Studio to take underconsideration of these weaknesses and formulate strategic plans for betterment ofbusiness.
Table of ContentsEXECUTIVE SYSTEM.................................................................................................................2INTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Purchase and cash disbursement system.......................................................................2CONCLUSION..............................................................................................................................10REFRENCES...............................................................................................................................11
INTRODUCTIONStrategic information system are generally development in a company toresponse for business initiatives, for attainment of higher competitive advantages. Ithelps in mechanising operations in order to get better efficiency and effectiveness ofsame for increasing corporate profitability (Maskell, Baggaley and Grasso, 2016). Forthis purpose, management of a company formulate different flow charts like purchase,payroll system, cash disbursement and more, to analyse the procedure need tocomplete an activity. The aim of this assignment is to describe the concept of differenttransaction cycles, management reporting system and financial reporting. Forunderstanding risks inherent in computer-based system, including e-commerce, thecompany chosen here is Bell Studio. It deals business in wholesaler market and supplyinventories of branded manufacturing companies in many countries (Rainerand et.al.,2013). To overcome from risks of ERP and other system, here some strategies are alsodiscussed for computer fraud and security measures in e-commerce under thisassignment. MAIN BODYInformation system strategy refers to an essential feature in today's corporatebusiness and information technology sector. It helps organisation in allocating, storing,processing data and moving the same in different departments. For betterment of datamanagement and organised procedures of conducting an operational activity, insystematic manner, this system provides various tools and services (DRURY, 2013). Itincludes purchase system, payroll system and more that give advantages to apply themetrics as well as analytical tools within information repositories function. It also allowscorporations in recognizing the resourceful opportunities in order to expand in moresimple ways, which enhance efficiency of operations and supply chain procedures. Incontext with Bell Studio, which is a wholesaler and Adelaide based supplier andsupplies products of Australia, Japan, China, New Zealand and more in other countries.Currently, its business analyst has asked to prepare a report and present in front ofchief operating officer (Zadek, Evansand Pruzan, 2013). It covers entire aspects relatedto evaluation of processes, risk as well as internal controls for the expenditures cycle of1
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