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Accounting Software Solutions - HI5019

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Holmes Institute Sydney

   

HI5019 Strategic Information System assignment (HI5019)

   

Added on  2020-03-01

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HI5019 - The key concepts covered in this report are organizational structure of company, operations issues, most possible system attainment method, system flow chart of company and potential control problems in the system. Report also emphasize on development and adoption of these account software packages and another important points regarding company. The selected Australian Company is Intuit which is currently working on a well-known accounting software solution Quick Book.

Accounting Software Solutions - HI5019

   

Holmes Institute Sydney

   

HI5019 Strategic Information System assignment (HI5019)

   Added on 2020-03-01

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Strategic Information SystemAccounting Software Packages Page | 1
Accounting Software Solutions - HI5019_1
Strategic Information SystemTable of ContentsIntroduction......................................................................................................................................2Part-1................................................................................................................................................2Current Organizational Structure................................................................................................2Operational Problems of Organizational Structure....................................................................3Most Possible System Gaining Method........................................................................................4Intuit’s System Flow Chart of Sales Procedures.........................................................................4Control Problems and Sorts of Potential Frauds........................................................................5Part-B...............................................................................................................................................6Development and Acceptance of Accounting Software Packages...............................................6Recent Market Size.......................................................................................................................7Market Leaders and their Competitive Advantages.....................................................................7Challenges of using Accounting Software Packages by Users....................................................8References........................................................................................................................................9Page | 2
Accounting Software Solutions - HI5019_2
Strategic Information SystemIntroduction Accounting software solutions are commonly used by business organizations to perform different business related activities that are specifically concerned with calculations of payments and assessment of financial records. The usage of accounting software in enterprises has made easier to maintain financial records in a secure form into computers and it is also convenient to access data from remote locations. Due to these essential reasons, accounting packages have highdemand in business sector. In countries like USA, India, Canada and Australia, business enterprises are using accounts software to do their regular tasks in quick and effective ways. The purpose of making this report is to provide literature reviews about an Australian Company that is using accounting software packages in Australia. The key concepts that I will cover in this report are organizational structure of company, operations issues, most possible system attainment method, system flowchart of company and potential control problems in the system. Moreover, I will also emphasize on development and adoption of these account software packages and another important points regarding company. The selected Australian Company is Intuit which is currently working on a well-known accounting software solution QuickBooks. Intuit is using this software solution for last many years and getting satisfactory service from this(Intuit.com.au, 2017). Part-1To know more about overall functionalities about Intuit Company, here I have discussed in detailabout this organization. Page | 3
Accounting Software Solutions - HI5019_3
Strategic Information SystemCurrent Organizational Structure The organizational structure of Intuit is very impressive and it is really helpful to manage each and every department and its activities in an effective way (eBay, 2017). The structure of the company includes Chief Executive Officer (CEO), technical experts, managers, architects, low and medium level employees. Here is the holistic structure of Intuit Company. Figure: Intuit Organizational StructureThe above given structure of company clarifies the way in which CEO and Chairman control activities of project management, marketing chief and CIO. In addition to this, structure also depicts that how senior employees of company provide help to low level employees by providingthem appropriate guidance. Page | 4Help Desk ServicesIT ConsultantIT Support ManagerProject TeamIT Project ManagersIT Solution ArchitectureIT Technology DirectorClient CIOProjectManagement ChiefMarketingand SalesOfficerBrand Smith(CEO)Scott Cook Founder and Chairmanof Executive CommitteeBill CampbellChairman of Board
Accounting Software Solutions - HI5019_4

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