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Cloud Based Accounting for Coca Cola Amatil Limited

   

Added on  2022-11-28

11 Pages2661 Words417 Views
Running head: CLOUD BASED ACCOUNTING
CLOUD BASED ACCOUNTING
Name of Student
Name of University
Author’s Note
Cloud Based Accounting for Coca Cola Amatil Limited_1
CLOUD BASED ACCOUNTING1
Table of Contents
Introduction................................................................................................................................2
Background................................................................................................................................2
Description of the client.........................................................................................................2
Business activities..................................................................................................................3
Key business processes...........................................................................................................3
Different types of accounting information systems...................................................................4
System requirements..............................................................................................................5
Software selection..................................................................................................................6
Comparison.............................................................................................................................7
Conclusion..................................................................................................................................8
References..................................................................................................................................9
Cloud Based Accounting for Coca Cola Amatil Limited_2
CLOUD BASED ACCOUNTING2
Introduction
Cloud based accounting is a trending concept among various organizations. The
organization that would discussed in this particular assignment is Coca Cola Amatil Limited,
this organization had decided to incorporate cloud based accounting system into its
operations’, this requires the organisation to aim into some considerations that must be
noticed by the organization (Coca-cola Amatil Limited 2019). Coca Cola Amatil Limited will
be provided with various advantages like saving time with the automaton of various tasks,
view real time data, access the data related to finance from anywhere, making collaboration
easier and software improves the accuracy. This assignment describes regarding the client
(Coca Cola Amatil Limited), provides a detailed background of the origination which
includes description regarding its business operations and its key business processes. It
further outlines the software features as well as functionalities that Coca Cola Amatil Limited
must consider in order to support their business activities (Coca-cola amatil limited 2013).
This assignment further provides detailed description regarding 2 accounting software
package vendors along with their products, it further provides a comparison among these
software’s and a particular software had been identifies that is most suitable for Coca Cola
Amatil Limited.
Background
Description of the client
Coca Cola Amatil Limited is an organization that had been incorporated in the year of
1927, manufacturers had initiated in distributing as well as selling ready to drink beverages in
the region of Asia-pacific (Coca-cola amatil limited 2013). Various segments of this
organization includes Alcohol and coffee beverages, Non-alcoholic beverages, and corporate,
Cloud Based Accounting for Coca Cola Amatil Limited_3
CLOUD BASED ACCOUNTING3
food as well as services. The organization provides its beverages under various names like
Fanta, Lift, Deep Spring, Barista Bros and many more.
Business activities
The chief executive of the organization Coca Cola Amatil limited and some more
high level professionals had divided the operations of the organization into various parts,
these parts perform individually but are united at the end (Coca-cola amatil limited 2013).
The organization divides its activities into three parts, these parts include beverages that are
non-alcoholic in nature, alcohol and coffee and corporate food as well as services. The non-
alcoholic beverages business operates a particular franchise for the purpose of manufacturing
as well as distributing Coca Cola trademarked as well as licenced products in the country of
Australia, Fuji, New Zealand, Indonesia and many more (Coca-cola amatil limited 2014).
The product portfolio of the company includes various brands under the categories named
carbonated soft drinks as well as functional beverages, still beverages, alcohol and coffee.
There are numerous operations that are carried out by the organization such as supplying
products to wholesalers, retailers and many more shops. The organization need to keep a
track regarding their deliveries, they require keeping a record of these deliveries, the records
include details of the places where deliveries had been made, the amount of products that had
been delivered and the transactions that had been carried out with those entities (Coca-cola
amatil limited 2010). These records can be accessed for further use.
Key business processes
The key business process that are being carried out by Coca Cola Amatil limited
includes various parts these parts include focusing on various ways that could help in driving
revenue along with profit growth, investments done in their brands as well as business,
becoming more efficient, simplifying the company and some more. The Coca Cola Amatil
limited uses segmented growth processes across their entire business in a particular way
Cloud Based Accounting for Coca Cola Amatil Limited_4

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