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A Research Report on ERP Systems for Public Transport Contents

   

Added on  2020-03-23

19 Pages3673 Words458 Views

Running Head: ReportContentsIntroduction.................................................................................................................................................1Business process..........................................................................................................................................2Business requirements.................................................................................................................................3Systems requirements..................................................................................................................................5Software and vendor selection.....................................................................................................................7Ways to utilize technology for business efficiency......................................................................................8Efficiency from technology implementation...............................................................................................9Potential security risks...............................................................................................................................10Mitigation strategies..................................................................................................................................12Conclusion.................................................................................................................................................14References.................................................................................................................................................16IntroductionThe purpose of writing this research report is to understand the Accounting Information System(AIS) and ERP(Enterprise Resource Planning) system in public transport in Australia andto understand the ERP and its benefits in public transport in Australia. In this report, we will study how the successful implementation of ERP helps in reducing the development time of 1

Running Head: Reportbusiness transactions to facilitate better management, analyzing the impact of public transport in Australia and how these systems (ERP/AIS) help public transportation department to take their business to the next level. This research also includes the recommendations for proper implementations of ERP/AIS systems and providing the industry an awareness related to the feasible security risks. This research also explores the guidelines on how the analyzed risks can be mitigated [ CITATION Hid11 \l 1033 ].Business processThis part of the report includes understanding about the various processes of the transport organization provided to the travelers with the help of ERP. The functional flow of the transport management system is as follows: There are various ERP management functionalities provided by the transport companies. These functionalities are classified as follows: 2

Running Head: ReportMode Support: ERP transportation system plays a major role in providing various options or mode of transport and saving the financial cost [ CITATION Sta13 \l 1033 ]. This system helps in providing different travel packages provided by different modes of transport such as rail, bus, flight, taxi, etc. and help the users travel long term in less expenses. Finance Functionality: This includes the exchange of money between the bus owners ortransport organizations and the users. This involves the billing of transportation, invoices,freight calculations etc.Operations Management: This management handles all types of rates, tariffs, capacity of the mode selected, and asset management [ CITATION CIM16 \l 1033 ]. Strategic Management: This part of the management defines the design of the network, decisions related to the sources, administration and overall flow of the process.Calculation of Key Performance Indicators: This functionality manages to calculate the exact values of the ERP metrics like those of calculating the percentage difference in pick up, drop, cost per distance etc. Route Planning: This functionality helps in managing the routes, carriers, drivers etc.Execution Monitoring: This functionality of transport management system helps in retrieving the real-time updates to the location and progress. This functionality also helps in communicating with the drivers in real-time [ CITATION Abe13 \l 1033 ]. Business requirementsThe public transportation company provide services to the customers that enable them to travel from one place to another. The transport companies provide services to the travelers that enable 3

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