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HI5019, Strategic Information System

Write a literature review on an organization in Australia using accounting software packages, covering topics such as organizational structure, operational problems, system acquisition method, system flowchart, control problems, fraud possibilities, development and adoption of accounting software packages, market size, leaders in the market, and competitive advantage.

9 Pages3006 Words43 Views
   

Holmes Institute Sydney

   

HI5019 Strategic Information System assignment (HI5019)

   

Added on  2020-03-04

HI5019, Strategic Information System

Write a literature review on an organization in Australia using accounting software packages, covering topics such as organizational structure, operational problems, system acquisition method, system flowchart, control problems, fraud possibilities, development and adoption of accounting software packages, market size, leaders in the market, and competitive advantage.

   

Holmes Institute Sydney

   

HI5019 Strategic Information System assignment (HI5019)

   Added on 2020-03-04

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HI5019, Strategic Information System_1
Table of ContentsPart 1.......................................................................................................................................31. The current organizational structure.....................................................................................32. What operational problems (e.g., inefficiency, errors) do you think the organization couldexperience because of this structure?.......................................................................................33. What is the most likely system acquisition method— commercial software, custom software, orERP?...................................................................................................................................44. Describe and prepare a system flowchart of the sales procedures for the chosen organisation(company)............................................................................................................................45. Identify any control problems in the system and what sorts of fraud are possible in this system?.5PART 2...................................................................................................................................61. Development and adoption of the accounting software packages.............................................62. The current market size......................................................................................................63. Identify the leaders in the market and what gives them the competitive advantage,....................74. Identify the current gaps or challenges encountered by users or customers of accountingsoftware/packages and make relevant suggestions or recommendations.......................................7References...............................................................................................................................8
HI5019, Strategic Information System_2
Part 11. The current organizational structureHoogwegt Australia is a common owned ancillary of the private company Hoogwegt GroepB.V., located in Arnhem, the Netherlands. Hoogwegt is a provider of dairy goods and foodcomponents to a widespread group of producers situated on each main continent. There are12 sister concerns internationally that all have widespread industry awareness andcompetence.2. What operational problems (e.g., inefficiency, errors) do you think the organizationcould experience because of this structure?When considering the existing organizational structure of Hoogwegt it seems that they mighthave an unproductive structure. The structure has teams or groups performing unconnectedtasks (Anon, 2017). Such as, the structure has manufacturing groups performing theaccounting and finance tasks, and they only do the marketing of goods. Due to bulk of reportsand accounting been carried out in different departments, there had been errors andinefficiencies.The business had been facing issues because of the risk that can be caused due to bringingnew employees for carrying out certain task (Al-Mashari, Al-Mudimigh and Zairi, 2003).When the operations are growing and there is a need for betterment of workflow efficienciesthen it is important that the day to day operations are digitalised and proper accounting isdone. One approach to assess, whether the business is on path and matches the industrycompetitors, is to observe the early adoption rate of the new technology. There are manyreasons for which the businesses have to look forward to automate accounting (Nah andDelgado, 2006). The one highly visible result is that Australian economy is in the phase ofsustained development and the small businesses are getting more of the workload andtherefore they need more employees.The scaling of warehouse operations for meeting the demands, along with management ofbookkeeping to be done on manual basis can possibly bring clerical errors that can have anadverse impact on the business' financial reports (Allen, Kern and Havenhand, 2002).
HI5019, Strategic Information System_3

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