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Strategic Information System for Business And Entrepreneur

   

Added on  2023-03-31

20 Pages4297 Words433 Views
Finance
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ECONOMICS1
Strategic Information System for Business And Entrepreneur
By (Name)
Course
Instructor’s Name
Institutional Affiliation
The City and State
The Date
Strategic Information System for Business And Entrepreneur_1

ECONOMICS2
Executive summary
This report provides an analysis and recommendation of the most suitable accounting software
vendor that Eureka Limited shouldconsider. Also, the paper illustrates the features and
functionality of various accounting software vendors. Further, the report illustrates that a
business process refers to a number of steps that are performed by various stakeholders with the
intention of achieving a given goal. The business processes of Eureka limited include sales
processes, accounting management and procurement. The major control risks for the business
processes of Eureka are Manual controls, IT General controls and IT application controls. The
report also illustrates the accounting software features and functionalities such as check
handling, schedule of variable wages, graph summaries and many others. Also, the report
illustrates the accounting software package vendors such as SAP, MYOB, and DacEasy. The
report recommends DacEasy accounting software as the most suitable for Eureka limited.
Strategic Information System for Business And Entrepreneur_2

ECONOMICS3
Contents
Executive summary....................................................................................................................2
Introduction................................................................................................................................3
Business requirements...............................................................................................................3
Systems requirements................................................................................................................5
Software selection.......................................................................................................................6
Vendor selection.........................................................................................................................7
Conclusion...................................................................................................................................9
References.................................................................................................................................10
Strategic Information System for Business And Entrepreneur_3

ECONOMICS4
Introduction
This paper aims at providing a report of Eureka limited by making an analysis and
recommendation of accounting software for the company. Because of the continuous
technological evolution, the use of computers is regarded as the major element for ensuring
effective business operations across the world. This report aims at illustrating the most suitable
accounting software for Eureka limited. In addition, the paper aims at illustrating how the
accounting software can be in the position to increase Eureka's business transactions by ensuring
efficiency and effectiveness. Also, the paper will demonstrate various needs of Eureka business
so as to ensure effective implementation of the system, for example, the major business
processes and the main control risks. The report will also illustrate processes to be used in
carrying out a selection of suitable accounting software for the organization such as the vendors
of the accounting package, and the operation or functionality of the software that is to say, "low,
medium and high-end software." More so, the paper will mostly focus on the appropriate or
suitable accounting software that may create a positive impact on the organization'sactivities in
the long run (Malhorta & Temponi 2010).
Business requirements
Key business processes for Eureka Limited
A business process refers to a number of steps that are performed by various stakeholders
with the intention of achieving a given goal. The steps are performed several times by different
users and mostly in an optimized and standardized manner. Any business process can either be
automated or manual. In case of a manual system, the process can be attained minus using
technology or manual system while automated systems require technology to help users
Strategic Information System for Business And Entrepreneur_4

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