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Report on the Operational Issues of the National Bank Australia

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Holmes Institute Sydney

   

HI5019 Strategic Information System assignment (HI5019)

   

Added on  2020-02-24

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This report will discuss how AIS (Accounting Information Systems) are able to manage with the different collection, sorting and the processing of the information for the accounting data. This report focusing on the operational issues of how National Bank Australia (NAB) is able to work on the different marketing packages with the AIS systems. It includes - accounting package in Australia, market size structure and leaders for the Accounting software.

Report on the Operational Issues of the National Bank Australia

   

Holmes Institute Sydney

   

HI5019 Strategic Information System assignment (HI5019)

   Added on 2020-02-24

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REPORT
Report on the Operational Issues of the National Bank Australia_1
Executive Summary The explanation of the report is how AIS (Accounting Information Systems) are able to manage with the different collection, sorting and the processing of the information for the accounting data. It is done by the computer based methods where National Bank Australia being the Australian organization works on building and operating the different communication networks and the market voice. The report focusing on the operational issues of how National Bank Australia (NAB) is able to work on the different marketing packages with the AIS systems. The company has been able to endure the Xero software for its functioning and balancing the accounting information.
Report on the Operational Issues of the National Bank Australia_2
ContentsExecutive Summary.........................................................................................................................1Introduction......................................................................................................................................3Organizational structure...................................................................................................................3Operational Issues for NAB.............................................................................................................4ERP systems for Accounting...........................................................................................................4Flowchart.........................................................................................................................................5Problems of NAB............................................................................................................................6Part B...............................................................................................................................................6Accounting Package in Australia.................................................................................................6Market Size Structure..................................................................................................................7Leaders for the Accounting Software..........................................................................................8Limitations...................................................................................................................................8Recommendations............................................................................................................................9Conclusion.......................................................................................................................................9References......................................................................................................................................10
Report on the Operational Issues of the National Bank Australia_3
IntroductionWith the software packages, the accounting software refers to the help which is to keep the records of the accounting data along with all the related information of the organization. This is set with the different record transactions for the particular organization, where there are records for the different accounting data that is set to relate to the organization setup. The system software record transactions for the record payment transactions and then receiving the same are shown in the general ledger where there are standardized forms of the accounts, which are for showing the trial balance at the month end. (Bushman et al., 2004).The information is also divided in the branded and the software of the company. The organization tend to make use of the software at a personalized level. (National Australia Bank, 2017).Organizational structureNAB works on providing the best services to its clients where it has approximately 5 million customers who are working in the bank. The ban has been able to work on the web banking services with proper ATM service transaction mainly for the customers. In Australia, the organization tends to work for the branding and setting the services for the UBank and for the NAB. The bank is also able to provide some better resources for the connection to the other commercialized banks. (Choe, 1996). This is also effective based on the use of traditional systems which is found to be effective for the costs and then for properly viewing the forms and the amounts. The system includes the paper working which is not suggested in the present time.
Report on the Operational Issues of the National Bank Australia_4

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