Report on Information Management System B Bakery

Running head: INFORMATION MANAGEMENT SYSTEM
Information Management System: B Bakery Scenario
Name of the student:
Name of the university:

1INFORMATION MANAGEMENT SYSTEM
Executive summary
This report reflects the role of accounting software package those are necessary to be adopted by
B Bakery a family owned bakery. It is expected that the issues associated to finance management
system can be resolved absolutely with the help of the ASP. However, after analyzing the
business application details of B Bakery it has been found that, among different software
packages the most suitable package is MYOB.

2INFORMATION MANAGEMENT SYSTEM
Table of Contents
Introduction..........................................................................................................................2
1. Defining the business process..........................................................................................2
1.1 Role of a baker in B bakery.......................................................................................4
1.2 Discussion on the business activities or process of B bakery....................................4
2. Development of business Requirements..........................................................................5
2.1 Different processes those are indispensible to be performed....................................5
2.2 Outcomes required from these processes for achieving business objectives............6
3. Determining system requirements...................................................................................7
3.1 Some possible software features or functionalities that the firm should consider for
achieving their IT investment objectives.....................................................................................7
4. Software selection............................................................................................................8
4.1 Visit the websites of account software package vendors...........................................8
4.2 Suitable accounting software suitable for the firm....................................................9
4.2.1 Justification.........................................................................................................9
5. Vendor selection..............................................................................................................9
5.1 Comparison and contrast between XERO and MYOB.............................................9
5.2 Selection of the most suitable vendor of the bakery................................................12
Conclusion.........................................................................................................................14
References: Harvard..........................................................................................................14

3INFORMATION MANAGEMENT SYSTEM
Introduction
This report depicts the importance of using advanced Accounting Information System
(AIS) and Enterprise Resource Planning (ERP) system for managing large set of information
with high level of security and time and service efficiency as well in B Bakery. It helps the
company to gain effective success and competitive advantages from the marketplace (Sriyono
2017). Different business processes are there and based on the background of B Bakery the most
suitable business process is needed to be incorporated by the company. In order to resolve the
issues of finance management B Bakery should adopt MYOB software package for their
company.
1. Defining the business process
The business process is referred to as a series of steps those are collectively performed by
the stakeholders group of the company in order to achieve the business goal. Business process is
a wide range of structured, chained, tasks and activities those are widely conducted by the
stakeholders and the specific equipments of the company to deliver service and products (Tam
2017). In order to accomplish the predetermined goal of organization business processes are
needed to be determined by B Bakery. In each of the organizational level, the business processes
might occur. These kinds of processes are sometimes visible to the consumers and sometimes
these are not visible to the consumers.
Three different types of business processes are there such as management processes,
operational processes and supporting processes (Wagle and Maiya 2015). It is the responsibility
of the management head of B Bakery to make sure that the business operations are running