Management Accounting: Strategic Information system

Running head: STRATEGIC INFORMATION SYSTEM
Management Accounting: Strategic Information system
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1STRATEGIC INFORMATION SYSTEM
Table of Contents
Overview of the report.....................................................................................................................2
Part 1................................................................................................................................................2
1.1 Woolworths Limited: Current organizational structure.........................................................2
1.2 Operational problems experienced by the structure..............................................................3
1.3 Mostly likely system acquisition method..............................................................................5
1.4 System flowchart for the sales procedure for Woolworths Limited......................................6
1.5 Identification of the control problems in the system and the sort of frauds..........................8
Part 2................................................................................................................................................8
2.1 Development and adoption of accounting software packages...............................................8
2.2 The current market size.........................................................................................................9
2.3 Identification of the leaders in the market and their competitive advantages.....................10
2.4 Identification of the current gaps and challenges encountered by the users of the
accounting software package.....................................................................................................11
References......................................................................................................................................13

2STRATEGIC INFORMATION SYSTEM
Overview of the report
This particular report is focused on the impact of strategic information system in the
nominated business organization Woolworths Limited. It is addressed that with the help of
strategic information system the company will be able to gain effective commercial benefits and
competitive advantages at the same time. The first section of the report defines the current
organizational structure of Woolworths Limited. Besides this the operational issues that are
facing by Woolworths Limited are also determines in this report. In addition to this, the system
acquisition methods in terms of Enterprise Resource Planning (ERP) with a sales flowchart are
also prepared for Woolworths that is expected can minimize the operational errors.
Whereas the second section of the report defines the role of accounting software package
in a business organization. It also defines the way through which an accounting software package
can be adopted and developed in the business organization. For this particular report the
nominated accounting software package is XERO. How XERO can minimize the issues of
traditional data management system are also illustrated in this report. The current market leaders
and the feedback from the users are also demonstrated in this report.
Part 1
1.1 Woolworths Limited: Current organizational structure
The current organization structure of Woolworths Limited shows the roles and
responsibilities of the executives associated to the company. The organizational structure of the
company is comprises of a four level managerial structure. All the organizational executives
communicate with each other appropriately to meet the functional and operational activities

3STRATEGIC INFORMATION SYSTEM
appropriately (Flaherty, 2018). The Organizational structure of the company is consists of Chief
Executive officer (CEO), finance manager, project manager, business development manager,
operational manager, chairman, non executive director, Human Resource manager etc.
Figure 1: Organizational structure of Woolworths Limited
(Sources: Methner, Hamann & Nilsson, 2015, pp-100)
All the members associated to the company are needed to play active roles to develop and
deliver consumer centric service. Customer centric system will help the company to gain
effective success and measurable revenues from the competitive market place.
1.2 Operational problems experienced by the structure
Due to lack technical, managerial, operational and functional approaches the company is
facing major challenges from the market trends. The managerial and functional structure of