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Study on Information System

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Added on  2020-05-08

Study on Information System

   Added on 2020-05-08

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Running head: INFORMATION SYSTEMINFORMATION SYSTEMName of the StudentName of the UniversityAuthor Note
Study on Information System_1
INFORMATION SYSTEM2Table of ContentsIntroduction................................................................................................................................3Outsourcing of technology.........................................................................................................3Moving to cloud accounting system..........................................................................................4Traditional accounting software verses cloud accounting software..........................................5Risk factors.................................................................................................................................5Is migration of accounting to cloud profitable?.........................................................................6Conclusion..................................................................................................................................7References..................................................................................................................................8
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INFORMATION SYSTEM3IntroductionCloud accounting can be referred as a term which can be used to implementprocessing and storage when related to the data which is on the server or in the cloud. Thecloud based accounting program makes direct transition which is from the internal accountingto outsourced accounting which is seamless as much as possible (Diatmika, Irianto &Baridwan, 2016). The need of uploading files or on the other hand downloading the file isremoved and the access is granted and the creation of a user account is very much on thesimple part.This report puts direct emphasis on the concept of cloud accounting and the advantagethat can be achieved from the movement to cloud accounting with it providing a detailedexamination of the difference between traditional accounting with the cloud accounting.Outsourcing of technologyThe concept of the outsourcing can be explained by means of a company outsourcingthe computer or the work which is related to the computer for example programming to othercompanies. The main reason of many company outsourcing the technology is due to factor ofless infrastructure which is related to the organisation. in order to perform some of the taskthe company on their part many technical aspects whose implementation at certain point oftime may not be readily available for the company. The company usually lend the focus toanother company who does all the hard work for the organisation. Mainly the parts which areoutsourced relating to any organisation is the hardware and the software part which thecompany find very much difficult to handle and execute (Leonard & Cronan, 2016). Theresult which is achieved from the outsourcing concept is that the organisation can lend morefocus towards the goals of the organisation and the stretch more towards business orientedapproach.
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