System Analysis and Design: PDF
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System analysis and design
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Executive Summary
It had recommended to use the ERP cloud based software system that useful for organization to
collect and store the information in the system. This type of accounting software will be
beneficial in future business to handle all the operations and functions that performed by the
client. ASX company had been maintained the explosion of growth in global market so that they
will be used the ERP Model in Future to manage the processing of system in proper manner.
SAP and Xero are vendors that performed different operations to launch accounting software to
handle task in proper ways. As per Future enhancement, it will be used the SAP ERP system
which allows the client for using software application and run on the shared computing
resources through internet such as disk storage, power processing and memory management etc.
It had recommended to use the ERP cloud based software system that useful for organization to
collect and store the information in the system. This type of accounting software will be
beneficial in future business to handle all the operations and functions that performed by the
client. ASX company had been maintained the explosion of growth in global market so that they
will be used the ERP Model in Future to manage the processing of system in proper manner.
SAP and Xero are vendors that performed different operations to launch accounting software to
handle task in proper ways. As per Future enhancement, it will be used the SAP ERP system
which allows the client for using software application and run on the shared computing
resources through internet such as disk storage, power processing and memory management etc.
Table of Contents
Executive Summary........................................................................................................................2
INTRODUCTION..........................................................................................................................4
Background.....................................................................................................................................4
Description of Australian client and its business activities. .......................................................4
Discuss the key enterprise process of client. ..............................................................................4
System Requirements......................................................................................................................5
Outline the features and functionality of accounting cloud based software that support the
client its enterprise activities.......................................................................................................5
Software Selection..........................................................................................................................6
Discuss the brief description of accounting software package vendors and its products..........6
Comparison between the features and functionality two different type of cloud based
accounting software package which offered by vendors............................................................7
Determine the suitable vendor and accounting software package for client and why it is best
option..........................................................................................................................................8
RECOMMENDATION..................................................................................................................9
CONCLUSION...............................................................................................................................9
REFERENCES..............................................................................................................................10
Executive Summary........................................................................................................................2
INTRODUCTION..........................................................................................................................4
Background.....................................................................................................................................4
Description of Australian client and its business activities. .......................................................4
Discuss the key enterprise process of client. ..............................................................................4
System Requirements......................................................................................................................5
Outline the features and functionality of accounting cloud based software that support the
client its enterprise activities.......................................................................................................5
Software Selection..........................................................................................................................6
Discuss the brief description of accounting software package vendors and its products..........6
Comparison between the features and functionality two different type of cloud based
accounting software package which offered by vendors............................................................7
Determine the suitable vendor and accounting software package for client and why it is best
option..........................................................................................................................................8
RECOMMENDATION..................................................................................................................9
CONCLUSION...............................................................................................................................9
REFERENCES..............................................................................................................................10
INTRODUCTION
System analysis and design is a process of collecting the element and facts for
identifying the problems. It is typically solving the technique that improve the system to ensure
that all the components of system work effectively. This report will discuss about the cloud
based accounting software for SAP and Xero vendor to provide the own software package. It
should include the background description of client and its enterprise activities. Furthermore,
this assignment will describe the system requirement and also outline the software features or
functionality that should consider which support the enterprise activities. At last, this report will
describe to choose the accounting software package vendors for providing the services in proper
manner.
Background
Description of Australian client and its business activities.
Australian securities exchange is a based on the public organization which operates the
global markets. ASX company is a client that can perform different operations and functions in
effective manner. This firm is including the clearing house, payment and system facilitator
which oversees the compliance with its operating rules (BalaAnand, Karthikeyan and Karthik,
2018). This company was formed on 1 April 1987, which incorporates under the rules and
regulation of Australian parliament of the securities exchanges. Afterwards, it merged with the
Sydney future exchange in the year of 2006.
ASX-Listed has worked with the two different trading platform which facilitates the
equity securities and also distributed with the network access point in global world. In this way,
it will require to use the cloud based accounting software to manage and store all information
about the trading in proper manner.
Discuss the key enterprise process of client.
The key enterprise process of client will allow to provide 24 hours trading and
simultaneously maintain the active trading. It enables the product that opened for the purpose of
new trading and also selling in marketplace (Dennis and Wixom, 2018). As the majority of
international exchange, ASX relies on the data center that help to connect with the leading
financial hubs or also facilitates the electronic trading.
It gained the strong traction with the acquisition of exchange global marketplace. it has a
strong emphasis on the visitor to its website and investing on the public sector. ASX offers the
System analysis and design is a process of collecting the element and facts for
identifying the problems. It is typically solving the technique that improve the system to ensure
that all the components of system work effectively. This report will discuss about the cloud
based accounting software for SAP and Xero vendor to provide the own software package. It
should include the background description of client and its enterprise activities. Furthermore,
this assignment will describe the system requirement and also outline the software features or
functionality that should consider which support the enterprise activities. At last, this report will
describe to choose the accounting software package vendors for providing the services in proper
manner.
Background
Description of Australian client and its business activities.
Australian securities exchange is a based on the public organization which operates the
global markets. ASX company is a client that can perform different operations and functions in
effective manner. This firm is including the clearing house, payment and system facilitator
which oversees the compliance with its operating rules (BalaAnand, Karthikeyan and Karthik,
2018). This company was formed on 1 April 1987, which incorporates under the rules and
regulation of Australian parliament of the securities exchanges. Afterwards, it merged with the
Sydney future exchange in the year of 2006.
ASX-Listed has worked with the two different trading platform which facilitates the
equity securities and also distributed with the network access point in global world. In this way,
it will require to use the cloud based accounting software to manage and store all information
about the trading in proper manner.
Discuss the key enterprise process of client.
The key enterprise process of client will allow to provide 24 hours trading and
simultaneously maintain the active trading. It enables the product that opened for the purpose of
new trading and also selling in marketplace (Dennis and Wixom, 2018). As the majority of
international exchange, ASX relies on the data center that help to connect with the leading
financial hubs or also facilitates the electronic trading.
It gained the strong traction with the acquisition of exchange global marketplace. it has a
strong emphasis on the visitor to its website and investing on the public sector. ASX offers the
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free resources that support to understand the public market and developing the investment
strategy for growth or development.
ASX offer the other game version of trading where many other player don't have risk
instead of learn the basic risk free environment in proper manner.
System Requirements
Outline the features and functionality of accounting cloud based software that support the client
its enterprise activities.
Cloud based accounting software is a type of remote sever that help to provide the
capabilities to enterprise in the development. It is similar to the SaaS software model which
collecting the data and information. Further, it processed and returned to the client. Accounting
software is just the same as offered the accounting facilitates, inventory management, general
ledger, accounts receivable etc. These are important action performed by the software to handle
in appropriate manner (Marshall and Lambert, 2018). ASX has recommended to the multiple
type of cloud based accounting software that help in the trading business activities. In this way,
it support the ASX client to store all necessary information in the cloud system which provide
both safety and security.
Features of cloud based Accounting Software-
Reporting is a type of features that required for any enterprise to collect information of
product and its services in the form of documentation. It is important feature in
accounting software to calculate the estimation of budget and trading. It help to
streamline all processes which beneficial for the enterprise in effective ways.
Scalability is important for business development because it connect with other bank
account and can help to track all type of sales, expenses and inventory (Langmead and
Nellore, 2018). According to requirement, it has changed as long as keep everything in
up to date on regular basis. Security is major concerned about the enterprise because many other unauthorized
people easily affect the information of company. In this way, Cloud based accounting
software is providing the full security and privacy where no one can access the sensitive
details of business.
strategy for growth or development.
ASX offer the other game version of trading where many other player don't have risk
instead of learn the basic risk free environment in proper manner.
System Requirements
Outline the features and functionality of accounting cloud based software that support the client
its enterprise activities.
Cloud based accounting software is a type of remote sever that help to provide the
capabilities to enterprise in the development. It is similar to the SaaS software model which
collecting the data and information. Further, it processed and returned to the client. Accounting
software is just the same as offered the accounting facilitates, inventory management, general
ledger, accounts receivable etc. These are important action performed by the software to handle
in appropriate manner (Marshall and Lambert, 2018). ASX has recommended to the multiple
type of cloud based accounting software that help in the trading business activities. In this way,
it support the ASX client to store all necessary information in the cloud system which provide
both safety and security.
Features of cloud based Accounting Software-
Reporting is a type of features that required for any enterprise to collect information of
product and its services in the form of documentation. It is important feature in
accounting software to calculate the estimation of budget and trading. It help to
streamline all processes which beneficial for the enterprise in effective ways.
Scalability is important for business development because it connect with other bank
account and can help to track all type of sales, expenses and inventory (Langmead and
Nellore, 2018). According to requirement, it has changed as long as keep everything in
up to date on regular basis. Security is major concerned about the enterprise because many other unauthorized
people easily affect the information of company. In this way, Cloud based accounting
software is providing the full security and privacy where no one can access the sensitive
details of business.
Functionality of cloud Accounting Software-
Cloud based accounting software is similar to the on premises, self install and traditional
which only hosted the remote servers. It is easier to get the real time reporting and
visibility throughout the company. It is the most popular model among the cloud
accounting providers and usage based subscriptions.
This software is collecting and storing the financial information that can access from
any where by using device with the internet.
Cloud Accounting Software is maintained the backups, updates the automatically and
nothing need to download or installed in computers.
It is performing the operation to update the final report automatically and also provide
the reporting in real time. It help to balance the account with accurate manner and
manually check the errors in data entry.
Software Selection
Discuss the brief description of accounting software package vendors and its products.
Xero is a based on public software company that offers the cloud based accounting
software platform of enterprise. This vendor has provided the Software as a Service model and
also sold by the subscriptions (Nwoke, and Okide, 2018). This type of product can be used
many other countries to increase the capabilities and efficiency of enterprise in proper ways.
XERO has launched the Xero accounting software product that automatically include the
bank and credit card account feeds. It is also maintained the acceptable payment, purchase order,
reporting and management of business operations. It offers the software package of client to
integrate the external application with Xero.
SAP Accounting software is a managed the financial accounting and reporting that can
record the transactions or operating the data. It help to analyze the overall accounts receivable
management system. SAP offers the accounting products for enterprise which suitable for all
size. This vendor is launched the own SAP ERP product that can be customized in order to
meet the requirement of client. This type of ERP system useful for the client to maintain and
manage all necessary information regarding the accounting.
Cloud based accounting software is similar to the on premises, self install and traditional
which only hosted the remote servers. It is easier to get the real time reporting and
visibility throughout the company. It is the most popular model among the cloud
accounting providers and usage based subscriptions.
This software is collecting and storing the financial information that can access from
any where by using device with the internet.
Cloud Accounting Software is maintained the backups, updates the automatically and
nothing need to download or installed in computers.
It is performing the operation to update the final report automatically and also provide
the reporting in real time. It help to balance the account with accurate manner and
manually check the errors in data entry.
Software Selection
Discuss the brief description of accounting software package vendors and its products.
Xero is a based on public software company that offers the cloud based accounting
software platform of enterprise. This vendor has provided the Software as a Service model and
also sold by the subscriptions (Nwoke, and Okide, 2018). This type of product can be used
many other countries to increase the capabilities and efficiency of enterprise in proper ways.
XERO has launched the Xero accounting software product that automatically include the
bank and credit card account feeds. It is also maintained the acceptable payment, purchase order,
reporting and management of business operations. It offers the software package of client to
integrate the external application with Xero.
SAP Accounting software is a managed the financial accounting and reporting that can
record the transactions or operating the data. It help to analyze the overall accounts receivable
management system. SAP offers the accounting products for enterprise which suitable for all
size. This vendor is launched the own SAP ERP product that can be customized in order to
meet the requirement of client. This type of ERP system useful for the client to maintain and
manage all necessary information regarding the accounting.
Comparison between the features and functionality two different type of cloud based accounting
software package which offered by vendors.
Functionalities
Point of differences SAP ERP accounting software Xero accounting Software
Vendor comparison SAP ERP is a German software which
corporation which helps the enterprise in
managing the business operations and
customer relation. SAP is considered as
a market leader in a enterprise
application software (Rogerson and
et.al., 2019).
This is specialist and small
business accounting software
which is mainly listed on the
new Zealand stock exchange
and the Australian security
exchange.
Pricing The real cost of financial and accounting
software includes includes the
subscription fees, licensing cost,
software training cost, customization
cost along with the cost of maintenance
and required hardware. SAP ERP is
more expensive then XERO.
The cost of this accounting
software which starts from $28
per month. Also, on a scale of
1 to 10, Xero is rated as 2
which is very low then the
average cost of accounting and
finance software.
Features and
functionality
The functionalities if SAP ERP
accounting software includes account
payable, account receivable, billing and
invoicing, budgeting and forecasting,
accounting module etc.
The feature and functionalities
of XERO also includes the
accounts payable, Accounts
receivable, billing and
invoicing, budgeting and
forecasting, fixed assets,
purchase orders, analytics
forecasting etc.
Target Consumer
size
As it is very expensive so it targets only
large scale organization.
XERo is considered to be the
best for small business,
freelancers, and various
software package which offered by vendors.
Functionalities
Point of differences SAP ERP accounting software Xero accounting Software
Vendor comparison SAP ERP is a German software which
corporation which helps the enterprise in
managing the business operations and
customer relation. SAP is considered as
a market leader in a enterprise
application software (Rogerson and
et.al., 2019).
This is specialist and small
business accounting software
which is mainly listed on the
new Zealand stock exchange
and the Australian security
exchange.
Pricing The real cost of financial and accounting
software includes includes the
subscription fees, licensing cost,
software training cost, customization
cost along with the cost of maintenance
and required hardware. SAP ERP is
more expensive then XERO.
The cost of this accounting
software which starts from $28
per month. Also, on a scale of
1 to 10, Xero is rated as 2
which is very low then the
average cost of accounting and
finance software.
Features and
functionality
The functionalities if SAP ERP
accounting software includes account
payable, account receivable, billing and
invoicing, budgeting and forecasting,
accounting module etc.
The feature and functionalities
of XERO also includes the
accounts payable, Accounts
receivable, billing and
invoicing, budgeting and
forecasting, fixed assets,
purchase orders, analytics
forecasting etc.
Target Consumer
size
As it is very expensive so it targets only
large scale organization.
XERo is considered to be the
best for small business,
freelancers, and various
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NGO's.
Table : 1
Contrasting features of two Cloud based accounting software are as follows:
Features SAP ERP XERO Accounting software
Usability Usability of SAP ERP is most
popular and it is helpful in
performing all such functions
easily. So it is more
recommended option among
both (Wang and Fang, 2018).
Overall usability of this
software is good. However
there are some points which
requires improvement for
example, single price list
inventory and integrating ACH
payment into invoice etc.
Availability and reliability SAP ERP is generally
available on a price quote basis
and can be bought as a
traditional, on premises
application.
Availability and reliability of
this cloud computing software
is more as prices are
affordable.
Table : 2
Determine the suitable vendor and accounting software package for client and why it is best
option.
The most suitable vendor is SAP which provide the ERP accounting software package to
collect and store all information in effective manner. SAP is the top most vendor in global
market to offer the Enterprise resource planning software package. It is wide range of ERP
supplication that include human capital management, customer relationship management,
product life cycle management and financial management etc. these are different type of system
that help to streamline the enterprise process in competitive environment (Wells, 2018).
Cloud based ERP system allow the client for using software application and run on the
shared computing resources through internet such as disk storage, power processing and
Table : 1
Contrasting features of two Cloud based accounting software are as follows:
Features SAP ERP XERO Accounting software
Usability Usability of SAP ERP is most
popular and it is helpful in
performing all such functions
easily. So it is more
recommended option among
both (Wang and Fang, 2018).
Overall usability of this
software is good. However
there are some points which
requires improvement for
example, single price list
inventory and integrating ACH
payment into invoice etc.
Availability and reliability SAP ERP is generally
available on a price quote basis
and can be bought as a
traditional, on premises
application.
Availability and reliability of
this cloud computing software
is more as prices are
affordable.
Table : 2
Determine the suitable vendor and accounting software package for client and why it is best
option.
The most suitable vendor is SAP which provide the ERP accounting software package to
collect and store all information in effective manner. SAP is the top most vendor in global
market to offer the Enterprise resource planning software package. It is wide range of ERP
supplication that include human capital management, customer relationship management,
product life cycle management and financial management etc. these are different type of system
that help to streamline the enterprise process in competitive environment (Wells, 2018).
Cloud based ERP system allow the client for using software application and run on the
shared computing resources through internet such as disk storage, power processing and
memory management etc. It is the most suitable software that maintained in the remote data
centers dedicated to host application in various type of platforms.
Cloud ERP is a type of software as service model that allows the user to access the
software by using internet connection. This software is generally low upfront price or cost
because the resources of competing are leased by month. It provide the access to the client for
maintain their critical business application at different locations.
Benefits of SAP Accounting Software Package
It can reduce the information technology support because it easily provided by the data
center. It is also eliminating the paying upfront for the application software licenses as
per the favor of month based fees.
The client can use the fix monthly rate for managing and controlling the functionality of
application.
It has an ability to easily adjust the cloud service where the organization needs the
storage.
RECOMMENDATION
It has recommended the client to use the SAP ERP cloud based accounting software
because it help to maintain and manage all the information regarding the enterprise. It has
required for ASX enterprise to handle the business operations and functions in proper. It has
more chances to protect and secure the data from cloud and also access the data by using
internet connection.
CONCLUSION
As per discussion, it concluded that System analysis and design is a type of method for
collecting the information in the system and also help to determine the problems. In this way, it
can be used the SAP ERP system which based on the cloud to access the information by using
internet connection. This technique useful to improve the services and ensure that all the
components of system work effectively. This report discuss about the cloud based accounting
software for Reckon company. It should include the background description of client and its
enterprise activities. Furthermore, this assignment describe the system requirement and also
outline the software features or functionality that should consider which support the enterprise
activities. this report describe to choose the accounting software package vendors for providing
the services in proper manner.
centers dedicated to host application in various type of platforms.
Cloud ERP is a type of software as service model that allows the user to access the
software by using internet connection. This software is generally low upfront price or cost
because the resources of competing are leased by month. It provide the access to the client for
maintain their critical business application at different locations.
Benefits of SAP Accounting Software Package
It can reduce the information technology support because it easily provided by the data
center. It is also eliminating the paying upfront for the application software licenses as
per the favor of month based fees.
The client can use the fix monthly rate for managing and controlling the functionality of
application.
It has an ability to easily adjust the cloud service where the organization needs the
storage.
RECOMMENDATION
It has recommended the client to use the SAP ERP cloud based accounting software
because it help to maintain and manage all the information regarding the enterprise. It has
required for ASX enterprise to handle the business operations and functions in proper. It has
more chances to protect and secure the data from cloud and also access the data by using
internet connection.
CONCLUSION
As per discussion, it concluded that System analysis and design is a type of method for
collecting the information in the system and also help to determine the problems. In this way, it
can be used the SAP ERP system which based on the cloud to access the information by using
internet connection. This technique useful to improve the services and ensure that all the
components of system work effectively. This report discuss about the cloud based accounting
software for Reckon company. It should include the background description of client and its
enterprise activities. Furthermore, this assignment describe the system requirement and also
outline the software features or functionality that should consider which support the enterprise
activities. this report describe to choose the accounting software package vendors for providing
the services in proper manner.
REFERENCES
Book and Journals
BalaAnand, M., Karthikeyan, N. and Karthik, S., 2018. Designing a framework for communal
software: based on the assessment using relation modelling. International Journal of
Parallel Programming, pp.1-15.
Dennis, A. and Wixom, B.H., 2018. Systems analysis and design. Wiley.
Langmead, B. and Nellore, A., 2018. Cloud computing for genomic data analysis and
collaboration. Nature Reviews Genetics. 19(4). p.208.
Marshall, T.E. and Lambert, S.L., 2018. Cloud-based intelligent accounting applications:
accounting task automation using IBM watson cognitive computing. Journal of
Emerging Technologies in Accounting. 15(1). pp.199-215.
Nwoke, M.E. and Okide, S., 2018. Design and Implementation of a Web-Based Enterprise
Resource Planning (ERP) System.
Rogerson, S. and et.al., 2019. Information systems ethics–challenges and opportunities. Journal
of Information, Communication and Ethics in Society. 17(1). pp.87-97.
Wang, Z. and Fang, J., 2018, August. Cloud Platform Architecture Design of Multiple
Participation for Project Cost Based on BIM. In 2018 International Conference on
Information Technology and Management Engineering (ICITME 2018). Atlantis Press.
Wells, P.K., 2018. How well do our introductory accounting text books reflect current
accounting practice?. Journal of Accounting Education. 42. pp.40-48.
Book and Journals
BalaAnand, M., Karthikeyan, N. and Karthik, S., 2018. Designing a framework for communal
software: based on the assessment using relation modelling. International Journal of
Parallel Programming, pp.1-15.
Dennis, A. and Wixom, B.H., 2018. Systems analysis and design. Wiley.
Langmead, B. and Nellore, A., 2018. Cloud computing for genomic data analysis and
collaboration. Nature Reviews Genetics. 19(4). p.208.
Marshall, T.E. and Lambert, S.L., 2018. Cloud-based intelligent accounting applications:
accounting task automation using IBM watson cognitive computing. Journal of
Emerging Technologies in Accounting. 15(1). pp.199-215.
Nwoke, M.E. and Okide, S., 2018. Design and Implementation of a Web-Based Enterprise
Resource Planning (ERP) System.
Rogerson, S. and et.al., 2019. Information systems ethics–challenges and opportunities. Journal
of Information, Communication and Ethics in Society. 17(1). pp.87-97.
Wang, Z. and Fang, J., 2018, August. Cloud Platform Architecture Design of Multiple
Participation for Project Cost Based on BIM. In 2018 International Conference on
Information Technology and Management Engineering (ICITME 2018). Atlantis Press.
Wells, P.K., 2018. How well do our introductory accounting text books reflect current
accounting practice?. Journal of Accounting Education. 42. pp.40-48.
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