The Value of Effective IT Systems (The Value of Effective IT Systems) TABLE OF CONTENT
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Added on 2020-10-23
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Business Information Technology Systems (The Value of Effective IT Systems) TABLE OF CONTENT TABLE OF CONTENT 2 INTRODUCTION 3 TASK 1: (LO 1)3 1.1 Use of IT systems with different functions of an organisation3 1.2 Contribution of IT system in achieving organisational objective 4 TASK 2: (LO 2)6 Different ways of IT systems to store and process data in organisation 6 TASK 3: (LO 3)8 Importance of IT system to support value added change which improve business operation, performance and sustainability 8 TASK
The Value of Effective IT Systems (The Value of Effective IT Systems) TABLE OF CONTENT
Added on 2020-10-23
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Business InformationTechnology Systems (TheValue of Effective ITSystems)
TABLE OF CONTENTTABLE OF CONTENT.......................................................................................................................2INTRODUCTION................................................................................................................................3TASK 1: (LO 1)....................................................................................................................................31.1 Use of IT systems with different functions of an organisation..............................................31.2 Contribution of IT system in achieving organisational objective..........................................4TASK 2: (LO 2)....................................................................................................................................6Different ways of IT systems to store and process data in organisation......................................6TASK 3: (LO 3)....................................................................................................................................8Importance of IT system to support value added change which improve business operation,performance and sustainability....................................................................................................8TASK 4: (LO 4)..................................................................................................................................10Recommendation of practical IT system solutions to face business problems..........................10CONCLUSION..................................................................................................................................11REFERENCES...................................................................................................................................12
INTRODUCTIONBusiness Information system is the process which organisation undertakes for supportingand managing activities more efficiently. The main motive of this combination is to achievebusiness objectives in an effective manner. This present report will cover the use of ITsystems with different functions of an organisation and contribution of objectives to achieveorganisational objectives. Further, this report also covers different ways of IT systems whichcan be employed within Capital One and SABRE. Importance of IT system to support value-added change to improve business performance is also to be discussed in this report.Recommendation is also to be provided regarding IT systems solution in Capital one andSABRETASK 1: (LO 1)1.1 Use of IT systems with different functions of an organisationRole of IT department is very important foe Capital One and SABRE. It helps in verynumerous ways to organisation in achieving their business goals. This system helps indeveloping trends which is in accordance with the current market conditions of the businessmarket. By the use of information technology, business organisation will able to know abilityof business to view its global market. Company will able to purchase software and packagesby which effective technologies will get developed in organisation which overall helps inimproving its efficiency. Its importance is equal to all the departments of organisation inmeeting needs and goals (Madon and Krishna, 2018). This function includes financefunction, Production function, HR administrator, and for Marketing and Sales function. Itsrole is as follows-Accounting and finance function- Financial functions of an enterprise includes anprocess which observe stocks and flows of money and amount of assets and liabilities comingand going from an organisation. Role of IT system for this department is to maintain a largedata base which ensures financial capability which is with availability of resources, stores,etc. It provides useful information for automatically updating the transactions in the GeneralLedger. It provides proper and accurate information of all historical transaction. It also helpsin tracking flow of cash through account receivable and account payable accurately.
Marketing and Sales department- IT system in marketing is very helpful inmaintaining customer relationship management, Data Warehouses and Content managementsystems. To maintain this large supportive process in organisation, it is the responsibility ofIT staff to support that marketing activities. This will overall help organisation in achievingtheir business needs and goals and it also maintain goodwill of the organisation in businessmarket. Company which has strong information technology department will able to developnew and trending marketing technologies. This will overall helps organisation in creatingeffective marketing of products which overall result in increasing sales volume of thecompany. Sales will get increased by the use of information technology. Production department- main function of IT system for production department is toallocate proper resources, schedule production, check inventory, testing quality and manymore (Burbules, 2018). Information technology staff plays a huge role in maintaining all thisactivities in organisation. Properly material management, Inventory management, monetary,quality and resource management is the most important part of IT system. IT department willkeep eye on the regular operation of business so that effective production will developed inorganisation to achieve its organisational objectives.HR department- Information technology systems is very useful for HR departmentalso because it provides help in maintain and developing effective employee’s data in thecomputer software. Employee’s performance record is also maintained by IT department.Information technology of human resource management will helps in developing efficiencyand effectiveness in the company by which organisation objectives get achieved. Effectiverecruiting will not be able to develop without use of IT department therefore; IT departmentshelps HR in maintaining job portals on the internet by which best candidates will be hired forthe position in organisation. These are the department in which IT department plays an important role in achievingorganisational objectives and also in meeting future needs and goals of McKinsey &company. IT system plays different role in each department so that effective work systemmaintained in organisation1.2 Contribution of IT system in achieving organisational objectiveIn this digital age, innovation is the great way to achieve organisational objective forCapital One and SABRE in business market. This path of innovation includes doing southingdifferent to compete with others in business market. But the technologies which already
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