Strategic Information System for Rainbow Illusion Company

Running head: STRATEGIC INFORMATION SYSTEM
STRATEGIC INFORMATION SYSTEM
Name of the Student
Name of the University
Author Note

1STRATEGIC INFORMATION SYSTEM
Executive Summary
The report deals with the case study of the Rainbow Illusion Company. The rainbow Illusion
is an organization that deals with the readymade clothes for young females. It is situated in
New South Wales and Victoria that is two of the most important place in Australia. The
rainbow Illusion Company ahs total of 30 stores in these two areas and thus huge customer
base and the profits of the company are huge. They have a very big business but procedures
of cash transactions are very old and uses four parts sales invoice. The report deals with the
processes, risks and internal controls of its revenue cycle. The report focuses on the six
strengths of the Rainbow Illusion Company in order to control the transactions of its sales.
The report discusses about the problems that have been avoided by the company. The report
focuses on the two situations of pressure that would increase the likelihood of fraud Last but
not the least, the report concludes with the discussion about the distributed systems.

2STRATEGIC INFORMATION SYSTEM
Table of Contents
Introduction:...............................................................................................................................3
Discussions.................................................................................................................................3
Business scenario...................................................................................................................3
The Six Strengths of rainbow Illusion System.......................................................................4
Problems avoided by Rainbow Illusion Company.................................................................6
Increasing fraud due to the situational pressure.....................................................................8
Installing a distributed system over a centralized system......................................................9
Conclusion..................................................................................................................................9
Bibliography.............................................................................................................................10