Westpac Accounting Information System Report

12 Pages2527 Words187 Views

Added on 2020-02-24

Westpac Accounting Information System Report

Added on 2020-02-24

BookmarkRelated Documents

Westpac AccountingInformationSystemReport

Executive Summary The Australian software is for the application software, with the easy processing of the records and how the processes are handled with the functional modules like the accounts payable and thepayroll with the trial balance. The report is about the Westpac which is one of the Australian company with the largest branch network that includes the different operational usage with the use of the best ERP systems. It also focuses on the issues that are related with the issues in the organization that have been discussed. With this, the check is on the sales and the services for thesmall-to-medium enterprise, commercial and the agricultural customers in Australia. The assets are set with the operations that are for the facilitating the products and the services.

Westpac Accounting Information System Report_2

ContentsExecutive Summary.........................................................................................................................1Introduction......................................................................................................................................3Part A...............................................................................................................................................3Structure of Organization............................................................................................................3Issues in the operations................................................................................................................4ERP Systems................................................................................................................................4Flowchart for Sales......................................................................................................................5Issues related................................................................................................................................6Part B...............................................................................................................................................6AIS Package.................................................................................................................................6Marketing Size.............................................................................................................................7Marketing Leaders.......................................................................................................................7Limitations...................................................................................................................................8Recommendations............................................................................................................................8Conclusion.......................................................................................................................................9References......................................................................................................................................10

Westpac Accounting Information System Report_3

Introduction The report focusses on how Westpac is able to balance with the different accounting data and theformats related to the payroll and the inventory. (Westpac, 2017). Here, the functionality is basedon working over the secured networks with proper solutions of data feeding in the business. The small business customers with the broad range of the financial services are working with the AIS, where the operations are for the product teams, and the transactional banking. Westpac focus on the operations that are in Australia, New Zealand, US etc. Here, there are funds management operations which include the distribution of the investments and the product retirement as well. This works with the solutions that covers the manufacturing and the proper distribution of life that includes the lenders of the mortgage insurance. The Westpac includes how the inefficiency and the errors need to be evaluated with the proper meeting of the demands and the other accounting forms. The proper access is allowed with the third-party package software that could be accessed at any time with the internet enabled functions with the complexity and the costs. The proper access is through the business systems which includes the handling of the security of the data, where Xero and MYOB is able to handle the transactions. All the small business customers work on allowing the customers of the bank to use the ATM card or the check card, but to make sure of not sharing their personal details. (Zaheer, 2015).Part A Structure of OrganizationIt has been that Westpac is working on operations with the financial services that are being offered through the electronic banking, deposits and the loans. It includes the international trading facilities to handle the personal and the business customers. The bank also focuses on the

Westpac Accounting Information System Report_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Westpac Report Executive Summary

|12

|2392

|263

HI5019 Strategic Information Systems Report || Holmes Institute

|11

|2445

|31

HI5019 - Strategic Information Systems | Australian Accounting Software

|13

|2519

|42

Report on the Operational Issues of the National Bank Australia

|11

|2100

|406

A Study on the Accounting Software Solutions of a Non-Extreme Bank

|13

|2214

|449

Report on ERP systems for the NAB

|12

|2499

|202

Westpac Accounting Information System Report