Strategic Information Systems (Macquarie)

Running head: STRATEGIC INFORMATION SYSTEMS (MACQUARIE)
STRATEGIC INFORMATION SYSTEMS (MACQUARIE)
Name of the Student
Name of the University
Author Note

2STRATEGIC INFORMATION SYSTEMS (MACQUARIE)
Table of Contents
Introduction................................................................................................................................3
Part 1..........................................................................................................................................3
Macquarie’s Organizational Structure...................................................................................3
Operational Problems.............................................................................................................4
Most Likely System acquisition method................................................................................5
ERP........................................................................................................................................5
Flow Chart of the Sales Procedures.......................................................................................6
Possible Frauds.......................................................................................................................6
Part 2..........................................................................................................................................7
Current Market size................................................................................................................8
Competitive Advantages for Accounting Software package.................................................9
Challenges Encountered by Users........................................................................................10
Conclusion................................................................................................................................10
Recommendations....................................................................................................................10
References................................................................................................................................12

3STRATEGIC INFORMATION SYSTEMS (MACQUARIE)
Introduction
The main focus point which is considered in the report is the role of an Accounting
information system which is used by the companies which are located in Australia. The
concept can be helpful in the aspect of enhancing the sector of operational performance and
activity which is related to the organization (Jebreen 2014). There are many tools which can
be used in the structure of the organization which can be used to enhance the business. It can
be considered to be a tough task to select among the tools which would be beneficial for the
organization. One of the aspect which play a role is whether the new system would be
completing replacing the existing system or would be placed over the existing system. The
new system can be stated to be complex which would be requiring support from IT experts to
indulge into the working of the system.
Part 1
Macquarie’s Organizational Structure
The Macquarie’s Organizational Structure is basically divided into five groups. The
non-hierarchical structure of the organization which includes global chief officer of
operation, managing director, head of operation group of Macquarie including the risk
management head directly contribute to the managing aspect of the organization. The
following chart gives an overview of the organization structure which is involved into the
organization.

4STRATEGIC INFORMATION SYSTEMS (MACQUARIE)
Figure 1: Macquarie’s Organizational Structure
(Source: Macquarie 2017)
Operational Problems
Relating to the topic of operational problem (Jebreen 2014) have put forward their
opinion that “the different groups strive to place a particular person in charge who are
committed and competent to the aim of the group”. There are chances that different types of
problem may occur in the process of the organization which can change the factor of
efficiency and errors which are human related. The factors can be listed as: the different types
of task that members have to conduct, problem which are related to technology, selection of
the main leader, power affecting of corruption, motivation which is related to the
organization. All the tasks which are stated should be done in a timely manner within the
organization on the other hand it should be also predictable and easy for the leaders which
would also be motivating the other employees in this context. The commitment of the group
can be very much important which would be directly helping the organization to thrive to the
factor of success, improving leadership style and decision making capability both from the
point of view of the individual and management. (Islam et al. 2012) stated that the concept of
corruption can directly hamper the overall functionality of the organization which would be