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HI5019 - Strategic Information Systems | Accounting

   

Added on  2020-03-01

15 Pages2880 Words52 Views
Running head: STRATEGIC INFORMATION SYSTEMOrganization using Accounting Software in AustraliaName of the StudentName of the UniversityAuthor’s note

1STRATEGIC INFORMATION SYSTEMExecutive SummaryThe main objective of this report is to give a brief outline of a company in Australia thatuses accounting software. This report discusses about a manufacturing company called AmcorLtd. It talks about the market size, competitive advantages and also about the accountingsoftware used by the company. This also talks about the organizational structure and theloopholes in the system. This report also suggests few methodologies for overcoming thechallenges of the accounting software.

2STRATEGIC INFORMATION SYSTEMTable of ContentsIntroduction..........................................................................................................................3Part One...............................................................................................................................3Current Organizational Structure.....................................................................................3Operational problems faced by Amcor due to its Structure............................................6System Acquisition Method of Amcor Limited..............................................................6System Flowchart of the Sales Procedures......................................................................7Control Problems and Different Types of Frauds that are Possible in this System.........8Part Two...............................................................................................................................8Development and Adoption of the Accounting Software Packages................................8Current Market Size.........................................................................................................9Leaders in the Market and Competitive Advantage......................................................10Existing Challenges Encountered by Users of Accounting Software...........................11Recommendations..........................................................................................................11Conclusion.........................................................................................................................12References..........................................................................................................................13

3STRATEGIC INFORMATION SYSTEMIntroductionAmcor Limited is a manufacturing company that deals in rigid plastic packaging andproducing flexible. It is an Australian based company that deals in packaging. The products ofAmcor are responsible for protecting beverages, food, medicines and personal care products. Itsheadquarters is in Victoria, Australia. In the year of 1860, this company was founded. That timeit was known as Australian Paper Manufacturers. Later on it was named as Amcor in the year1986. It is known to be the largest PET bottles producer in the world.The main focus of this report is to discuss about the implementation of accountingsoftware in the Amcor Limited. It also describes the structure of the organization along with thecompetitive advantages of Amcor Limited. It also talks about the accounting software that thiscompany uses for its operations and in order to improve its efficiency. There are several benefitsand limitations present in the current structure and software of the organization. Accountingsoftware can be used by this organization to carry out their job in an effective and efficientmanner.Part OneCurrent Organizational StructureAmcor is an Australian based manufacturing company (Amcor.com 2017). It has anorganizational structure that is hierarchical in nature. The top level constitute of the managingdirector. Then the next level consists of the directors of several departments like finance,operations, marketing and human resource management. Then there is the level of managers ofthe various departments like marketing, personal manager, production team leaders and finance

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