Using Information System for Supporting Decision Making Executive Summary 2022

Running head: USING INFORMATION SYSTEMS FOR SUPPORTING DECISION MAKING
Using Information Systems for Supporting Decision Making
(Webexpenses)
Name of the student:
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Author Note

USING INFORMATION SYSTEMS FOR SUPPORTING DECISION MAKING
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Executive summary
The strategic management is considered as an essential and primary area under the process of
decision-making. The environments where a business like expenses make operations are within
unique pressures. This is because of solid competition and various dynamic forces. In this study, the
case of using Information system for supporting decision making for the expense is investigated. For
this, detailed research is done on their business. Moreover, the various types of strategic information
system opportunities are explained here. At last, the different types of SIS opportunities are
demonstrated here, along with the impacts on the strategic position of Webexpenses is discussed in
the report.

USING INFORMATION SYSTEMS FOR SUPPORTING DECISION MAKING
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Table of Contents
Introduction:..........................................................................................................................................3
Research on the company:.....................................................................................................................3
Discussion on identifying the SIS or Strategic Information Systems Opportunities at Webexpenses:.6
Evaluating the opportunities of strategic information system and its effect on Webexpenses’ strategic
position:.................................................................................................................................................9
The degree of competitive advantages:.............................................................................................9
Costs and Feasibility related to implementation of Strategic Information Systems:.......................10
Understanding the risks:..................................................................................................................12
Conclusion:..........................................................................................................................................15
References:..........................................................................................................................................16

USING INFORMATION SYSTEMS FOR SUPPORTING DECISION MAKING
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Introduction:
Strategic management is one of the primary sectors of the process of decision-making. The
surrounding where the company make operations are within unprecedented pressures. This is due to
the stiff competition and dynamic forces. Here, the information technology comprises of an
important role for detecting the modifications of various environmental factors and assess the
massive quantity of information, simulating district scenario, evaluate and aiding business to execute
and formulate various strategies (Hemmatfar, Salehi and Bayat 2010). Further, with the rise of the
latest technologies such as AI, the role is refined further where innovations arrive at the strategic
decisions in an independent way. The strategic information system can support decision-making
tasks and it is a software-based system for decision-makers to compile important data from personal
knowledge, documents, raw data and business models. This is to determine and resolve issues and
then make decisions. The following report evaluates the case of using Information system for
supporting decision making. For this Webexpenses is chosen and research is done on this company.
Next, strategic information system opportunities are identified. At last, the SIS opportunities are
investigated and the effect on the strategic position of the company is analyzed.
Research on the company:
Webexpenses is one of the leading expense and travel management solution. This saves the
business money and time while developing the satisfaction of employees. The expense software lies
at the core of suite digitally that automates the reporting, controls and claims. The OCR receipt,
which is Google powered and Snap a receipt scanner, is able to claims automatically in seconds
through the geld of user-friendly apps (Alamri et al. 2016). As far as corporate travel is concerned,
the business travel tool which is easy-to-use delivers the travel and booking management over the
Internet having the AI which is industry-leading. This also involves missed travel recuing. 2-hour