Strategic Information Systems for Business and Enterprise Assignment - Eureka Limited
Added on 2020-12-10
14 Pages3805 Words157 Views
FinanceLeadership Management
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Strategic Information Systems for Business andEnterprise
Executive SummaryIt has been used the ERP system for managing and controlling the information about thefinancial and accounts. It useful for organization to reduce the control risk overall system inappropriate manner. In this report, it has been found the functionalities and features ofaccounting software to understand their logical concept which help for collecting and gatheringall records to arrange in proper manner. It has been demonstrates that ERP software suitable fororganization which handle the complex situation and condition during executions.
Table of ContentsINTRODUCTION..........................................................................................................................3MAIN BODY..................................................................................................................................3Discuss about the key business process of Eureka Limited........................................................3Determine the major control risk for the business process of Eureka Limited...........................5Discuss about the Features and functions of accounting software..............................................5How it can achieve the business objectives and minimize the control risk in Eureka Limited..7Describe the three different accounting software package vendor such as MYOB, SAP andXero and brief description of each vendor or its products..........................................................7Categorise the accounting software and what suitable for Eureka Limited. ..............................8Differentiate between the features and functionalities of two different accounting softwarepackage that offered by vendor...................................................................................................9The most suitable vendor and accounting software package for Eureka Limited and why. ....11CONCLUSION.............................................................................................................................12REFERENCES..............................................................................................................................13
INTRODUCTIONStrategic information system is a process that implement in the organization to managethe operations and functions. It will implement the information services sources that applied onthe enterprise to increase the capabilities and abilities. This report will discuss about the keyenterprise process of Eureka limited and also identify the major control risk in the organization.Moreover, there are different type of accounting software available which provided the servicesby vendors in global marketplace. This report will discuss about the business objectives andminimize the control risk in Eureka Limited. Furthermore, it will understand that which softwareis the most suitable for business process to handle the business operations and functions. MAIN BODYOverview:Eureka Limited is a based on family owned organization with around 73 employees andsales revenue increased to more than 18.5 Million during the last years. This type of businesshas been exploring their products all over the world, it also supply the beverage products to thedifferent business such as supermarkets and other supply chain. Eureka Limited has experiencedthe mixed fortunes over the year to maintain the business performance and efficiency. It haslaunched the new healthy products in global marketplace. The organization has required to use the Package of accounting software that canmaintain the financial statements of business. It also handle the business information to run insmoothly. Business Requirements:Discuss about the key business process of Eureka Limited.The team of Eureka limited has performed the business process when documentationexperts that equip with the platform that need to maintain overall structure of business(Aboelmaged, 2018). It has a technical knowledge to get with the platform that are used byfront-line members and performed the task management. There are variety of business processin the Eureka Limited and discuss in given below:Customer strategy and public relationshipsIt is an essential business process which required for organization to create an effectivestrategies and planning to manage the operations of enterprise in proper manner. Eureka firm hasplanning the strategy to determine the need of consumer and their demand towards the product
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