HI5019 Strategic Information System Woolsworth Supermarket

Added on -2020-02-19

| HI5019| 17 pages| 2869 words| 67 views

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Running head: ACCOUNTING SOFTWAREAccounting SoftwareName of the StudentName of the UniversityAuthor’s Note:
1ACCOUNTING SOFTWARETable of ContentsIntroduction......................................................................................................................................2Discussion........................................................................................................................................2Part 1............................................................................................................................................2Woolworths Supermarket of Australia....................................................................................2Structure of the Organization...................................................................................................3Problems of the Organization..................................................................................................4System Acquisition Method....................................................................................................7Control Problems in the System..............................................................................................9Process Designing..................................................................................................................10Part 2..........................................................................................................................................10Accounting Software Packages.............................................................................................10Market Size............................................................................................................................11Market Leaders and Competitors...........................................................................................11Recommendations..................................................................................................................13Conclusion.....................................................................................................................................13References......................................................................................................................................15
2ACCOUNTING SOFTWAREIntroductionAccounting software represents a special kind of performance software that accumulatesdifferent accounting transactions within various modules of function. The accountingtransactions include accounts payable, payroll, accounts receivable and nominal ledger. Thisaccounting software does its job just like an accounting information system. This is normallydeveloped by the organization or is bought from a third party vendor (Peppard and Ward 2016).This accounting software can also be a mixture of a third party execution software package withcertain modifications. Accessing this software is extremely easy. It can be done at any point oftime from all places. The only requirement to use this software is that an Internet enabledphysical device is needed for it. It can also be accessed through online.The literature review gives an elementary description of Woolworths Supermarket, thefamous grocery supermarket of Australia. This review comprises of the organizational structure,the problems in their operations like the errors and the organizational inefficiency with briefdescription. The report further covers of the system flowchart of the procedures and sales ofWoolworths (Pearlson, Saunders and Galletta 2016). This literature review also consists of themarket leaders of accounting software and their competitive advantage. The description ofWoolworths is given in the following report.
3ACCOUNTING SOFTWAREDiscussionPart 1Woolworths Supermarket of AustraliaWoolworths Supermarket is a grocery market chain in Australia that was founded in theyear 1924 and is owned by the popular Woolworths Limited. It nearly covers more than 80% ofthe all over Australian markets (Abraham and Dao 2017). Woolworths has an entire turnover ofabout 27.9 billion dollars, in which the food and liquor has the entire inclusion of about 22billion dollars. Structure of the Organization The structure of the organization of the Woolworths Supermarket of Australia containsthe entire corporate structure and management structure of the grocery market.

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