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Comparison of Accounting Software for AI SECHTECH

   

Added on  2022-11-14

6 Pages1096 Words286 Views
Running head: INFPORMATION AND BUSINESS SYSTEMS
INFPORMATION AND BUSINESS SYSTEMS
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INFPORMATION AND BUSINESS SYSTEMS1
Table of Contents
Discussion.............................................................................................................................................2
References.............................................................................................................................................4

INFPORMATION AND BUSINESS SYSTEMS2
Discussion
The concerned organization in this event is the AI SECHTECH that is a start-up firm that
carters its services in the domain of silicon based products. This deploys the implementation of next
generation based technology and software fetching the sole objective of developing a world enveloped
by the artificial intelligence to harness cyber security. The services offered by AI CERBERUS is
based on subscription. Depending on the category of silicon products produced by the organization a
thorough analysis has been performed on the type of accounting software that can be effectively used
for the calculation purpose of the organization. The available software that facilitate the statistical
calculations are ERP, CRM and SCM.
In the concerned case, CRM software would not be beneficial owing to the category of the
products produced by them. The reason for not opting CRM as the calculating software fro the desired
purpose are summarised in the subsequent section:
The greatest challenge that has been encountered in the way of implementing CRM as
the calculating software for the concerned organization is the cost incurred after the
installation and the maintenance purpose (Valença, Alves and Jansen 2016). The
incurred cost incorporates the following aspects:
1. Cost incurred for the purpose of subscription.
2. Cost after the up gradation to the premium version that eventually facilitates
the marketing or the reporting add-on features and benefits.
3. Cost deployed for the purpose of accomplishing the software and the
hardware requirements.
4. Cost incurred after the rendering of training to the staffs and educating them
about the skills required for the industrial benefits.
The second challenge encountered is the hindrance imposed by the software in the
way of attainment of the cultural alterations (Kumar, Singh and Shankar 2016). This
can outcome to the culmination in the relationship with the clients that in turn will
eventually facilitate the revenue loss of the organization.
The next identified demerit of the software is the provision of the poor
communication. This software turns out to be a failure in the way of addressing the
integration requirements thereby results in the non-cooperation in the procedure of
the implementation (Valença, Alves and Jansen 2016).
The other salient potential drawback of the software is the lack of leadership that is
incompetent to lure the customer focus on the concerned project.

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