HA2042 Accounting Information Systems Analysis and Recommendation

This report provides an in-depth analysis of cloud-based accounting software, focusing on its application for the transportation company Uber. The report begins with an executive summary, followed by an introduction that outlines the scope and objectives of the analysis. It then delves into the background of Uber, detailing its business processes, system requirements, and the need for a suitable accounting information system. The core of the report involves a comparison of two leading cloud-based accounting software vendors, SAP and MYOB, evaluating their features and functionalities, particularly in areas like inventory management, accounts payable, and software integration. The report concludes with a recommendation for the most appropriate software for Uber based on the analysis, considering factors such as effectiveness, reliability, and integration capabilities. The report also includes an overview of the selected Australian ASX-listed company, Uber, explaining its historical background, number of employees, products, location, founders, and major business processes. It emphasizes the importance of features like payment processing, ease of use, invoice processing, and banking integration in the selection of accounting software. The report aims to provide the best analysis for the most recommended cloud-based accounting software for the company.

ECONOMICS1
Accounting Information System
By (Name)
Course
Instructor’s Name
Institutional Affiliation
The City and State
The Date

ECONOMICS2
Table of Contents
Executive summary...............................................................................................................................3
Introduction...........................................................................................................................................3
Background............................................................................................................................................3
System requirement...............................................................................................................................4
Software selection..................................................................................................................................4
Conclusion..............................................................................................................................................6
References..............................................................................................................................................7

ECONOMICS3
Executive summary
This report provides an analysis of cloud-based accounting software by illustrating
different vendors and their products. The report indicates that Uber is an American transportation
company that offers various services such as food delivery, bicycle sharing system, ride services,
peer-to-peer ridesharing, and many others. Further, the report provides a comparison of MYOB
and SAP concerning their features and functionalities. The report recommends SAP as the most
suitable cloud-based accounting software that Uber Transportation Company should adopt
because of its effectiveness, reliability, and integrated functionalities. Further, the paper will
involve a comparison between two cloud-based accounting software vendors by illustrating their
differences in functionalities and features. In brief, the paper will aim at providing the best
analysis for the most recommended cloud-based accounting software for the company.

ECONOMICS4
Introduction
For the purpose of this paper, we shall make a report about a cloud-based software for an
Australian ASX company by evaluating and recommending the suitable software of the
company. The paper will provide an overview of the selected company by explaining its
historical background, the number of employees, products, location, founders and major business
process. Also, the paper will comprise of various features and functionaries of the cloud-based
accounting software that the company should consider before implementing the system. Further,
the paper will involve a comparison between two cloud-based accounting software vendors by
illustrating their differences in functionalities and features. In brief, the paper will aim at
providing the best analysis for the most recommended cloud-based accounting software for the
company
Background
For this paper, the selected Australian ASX-listed company is Uber. It is important to
note that Uber is one of the most popular transportation companies with a wide range of
networks all over the globe. It has a large market share and has over the years attracted a number
of individuals globally due to the excellent services offered. Uber is an American transportation
company that offers various services such as food delivery, bicycle sharing system, ride services,
peer-to-peer ridesharing, and many others. The company is located in "San Francisco" but also
operates in over seven hundred eighty-five metropolitan areas across the world (Wong, et al
2012). The platform of Uber is accessed via a mobile app and website. Currently, Uber is
estimated to have over 110 million users across the world where a 69.0 percent of market share is

ECONOMICS5
obtained from the United States as passenger transport and food delivery contributes a market
share of 25 percent. The company was founded way back in 2009 by Garret Camp as UberCab.
In 2011, the transportation company was in the position to change its name to Uber from Uber
Cab after taxi operators from San Francisca complained. In 2012, the company was in the
position to introduce a cheaper way that enables people to drive Uber with non-luxury cars
(Larry 2016). In order to enhance its overall levels of efficiency and effectiveness and gain more
market shares, sales and profits, Uber has taken part in a number of innovations.
Business process
Uber has various business processes and among them include; solving problems for
people across the world. In this case, Uber Transportation Company helps people to move from
one place to another across the world without using their own transport means. The company
aims at providing easy services to the consumers by combining the old taxation methods together
with their new tactics to ensure that they solve the transport problem. Uber solves the problem of
paying systems, insecurity, limited information and a burden of looking for passengers by taxi
drivers (Wong, et al 2012).
Another important business process of Uber is “Information-based service.” This
business process is concerned about the company’s technical and information or data platform
aimed at distributing data across different areas worldwide (Levine, & Dan 2010). Uber’s
technical platform and app is very easy to use by new customers in the market. The use of Uber
does not need any adjustments because it also requires making cash payments. This business
process helps the company to combine its information-based services together with a "digital
channel" available across the world.

ECONOMICS6
Customer based-community business process. Uber creates this process by helping
people form a wide business model across the world as a sign of love to their customers. The
users of Uber such as "the one being driven and the drivers" are the major contributors towards
the efficiency and success of the company's platform via rating and giving feedbacks. In
addition, the company is "outsourcing" this business process to its users that is free and scalable
as well (Wong, et al 2012).
Lean process is also another business process of Uber, this process helps the company to
easily and effectively expand to various new cities and markets. As it is well explained that the
company does not need advanced requirements to take part in the current market structure, it has
well-established elements that help it run effectively. For example, the company has playbooks
used for making roll-outs. Also, Uber works hand in hand with several major partners which
helps them to easily expand their market. The company uses Google Maps which help them to
easily gain access to various places across the world. Also, the company uses Adyen for payment
processing (Wong, et al 2012).
System requirement
In order to ensure effective business operations, different functionalities and features of a
cloud-based accounting software need to the evaluated or considered. This helps the business to
minimize different problems that may arise as a result of various factors. Uber transportation
company should consider the following functionalities and features; first, payment processing,
this is an accounting system that requires the customers of a given business to make payment of
their bills using electronic systems (Wong, et al 2012). Payment processing helps the company in
reducing the time of staff to make deposits in banks and processing checks. In addition, payment

ECONOMICS7
processing helps in attaining greater payments securities, and reduced time for processing
payments in an organization. The company is supposed to ensure that this feature is included in
the system because it gives an opportunity for making direct deposits into the accounts of users
so as to effectively run the business activities (Lunden 2018).
Second, ease of use, the accounting software is supposed to be user-friendly in order to
minimize the costs of training the company employees. Because Uber has some other software
packages in existence, it must make sure that it finds the best accounting software that runs
effectively with its existing platforms. In addition, the accounting software is supposed to
produce accurate results which are easily interested by the user. Therefore, "ease of use" of
accounting software is a major factor that needs to be considered by the company while
implementing a new cloud-based accounting software (Mahadevan et al 2014).
Third, invoice processing, the accounting software packing is supposed to have an
invoicing feature so as to assist in money transaction processes. Invoicing helps the system users
to get notifications concerning money transactions, for example, the person who has paid a given
amount of money at a given period of time including the date. Also, the accounting software
should be able to process and print the invoices. Above all, it should be in the position to send
invoices through online platforms such as email. An accounting system that can be able to
recognize the customer's basic data is the most preferable because it will aid in effective business
operation (Mahadevan et al 2014).
Last, banking, in most cases, the cloud-based accounting software should be in the
position to link to the bank accounts of the users so as to enable them pay directly for the
services provided. The accounting software should be able to import the data of the users directly

ECONOMICS8
from their bank to the accounting software. The software which can be in the position to go
beyond this feature is the best for the company (Marston, et al 2011).
Software selection
For this paper, the selected accounting software package vendors to be described include
SAP and MYOB. The description of the vendors will be according to their business operations,
location, products, and usage.
SAP: this is a worldwide accounting software vendor widely recognized for designing
software programs and their deployment in different business. The company employs over
52,921 people who are responsible for the sales and development of the company worldwide
(Wong, et al 2012). The company has helped very many businesses across the globe to
effectively improve their business activities by creating a strong relationship with their customers
across the world. In addition, the company has helped businesses to ensure efficient business
operation. The company's accounting software packages have been deployed by very many
people across the world. The products provided by SAP cloud-based accounting software vendor
include SAP meters, SAP ERP, SAP Success Factors, SAP Jam and many others (Meyer 2017).
MYOB: as an accounting software vendor, MYOB is a global corporation with major
offices in Australia. The corporation is widely known for its services that it provides to small and
medium businesses across the world such as accounting and tax. The company started its
operation way back in the 1980s. MYOB was started by software developers among them is
Teleware. The major products of MYOB include "Browser-based product", subscription-based
products" and Accounting Right Live (Miller, & Ron 2019).

ECONOMICS9
Compare and contrast the features/functionalities of two cloud-based accounting
software packages
In this section, we shall make a comparison of MYOB and SAP as cloud-based
accounting software packages depending on their features and functionalities. The comparison
includes the following; first, inventory, this is a process that ensures effective monitoring of the
products’ flow out and into the current inventory in a given warehouse. The process involves
monitoring the receipts of the business so as to avoid the inventory from being too high. This
helps in reducing the increased costs of storing items (Wong, et al 2012). For SAP, its inventory
system functionality is concerned with the movement of various items out and in of the physical
count and storage facility of the products at different times. For SAP accounting system, every
storage facility or system is considered as the structure of the organization that is formed within
the system. The inventory system of SAP consists of various organization levels such as storage
location and plant. On the other hand, the users of MYOB are in the position to decide the
storage location of their items depending on a given number. In addition, users of MYOB can be
in the position to make adjustments concerning their item prices and costs (Wong, et al 2012).
Second, Accounts payable, this helps in maintaining the records of various payments that
are received by a company. This is very important because it helps in the management of
liquidity by integrating finical services of the business with its activities. Even if some of the
features of MYOB are similar to those of SAP, there still exists some other differences between
their features. The features of MYOB are better as compared to those of SAP because they are
easy to control as compared to those of SAP (Larry 2016).

ECONOMICS10
Last, software integration, SAP is very effective as regards to the integration of all the
software functions as compared to MYOB (Wong et al 2012). SAP accounting software can be
in the position to track, monitor and control costs which increases the business profits. Using
SAP, top company managers can be able to make plans for various strategies of the business in
preparation for future disasters. On the other hand, MYOB provides limited functionalities for
analyzing the accounting and financial reports of the organization. This makes it difficult for the
users to trace for business items leading to delayed business operations (Wong, et al 2012).
Suitable vendor and accounting software package for the client
The most suitable vendor and accounting software package for Uber Transportation
Company is SAP because it integrates various processes and activities of the business to different
company departments hence improving information flow (Adams 2013). As a result of improved
information flow, Uber Transportation Company can be in the position to make better decisions
at various levels hence saving resources and increasing efficiency in business operations.
Therefore, the system will be able to reduce the operation costs of the company leading to
sustainable and continuous development (Meyer 2017).
Conclusion
As a high-end business operating in various countries across the world, Uber is supposed
to implement an accounting software that can be in the position to support its activities thereby
achieving its business objects. SAP accounting software is the most suitable for Uber because its
software applications and hardware platforms are reliable as compared to other systems. The
system works with reduced errors and provides reliable information to the users. As a graduate
consultant, I recommend Uber Transportation Company to use SAP cloud-based accounting

ECONOMICS11
software because of its flexibility and functionality. Lastly the paper has also provided a
comparison between two cloud-based accounting software vendors by illustrating their
differences in functionalities and features. Hence forth the paper focused on providing the best
analysis for the most recommended cloud-based accounting software for the company.

ECONOMICS12
References
Adams. R. 2013. "The emergence of cloud storage and the need for a new digital forensic
process model". researchrepository.murdoch.edu.au
Larry, D. 2016. "SAP aims to court more HANA developers launch express edition". ZDNet.
Levine, Dan. 2010. "SAP to pay Oracle $1.3 billion in landmark decision". Reuters.
Lunden, I. 2018. "SAP buys customer identity management firm Gaga for $350M". TechCrunch.
Mahadevan, Neetha; Doerner, Stephan. 2014. "SAP to Acquire Concur Technologies". The Wall
Street Journal.
Marston, Sean, Li, Zhi,Bandyopadhyay, Subhajyoti, Zhang, Juheng, Ghalsasi, Anand.
2011. "Cloud computing – The business perspective". Decision Support Systems. 51(1): 176–
189. Doi:10.1016/j.dss.2010.12.006
Meyer, D. 2017. "SAP Is Being Investigated by the U.S. Over a Major International Kickback
Scandal". Fortune
Miller, Ron. 2019. "SAP job cuts prove harsh realities of enterprise
transformation". TechCrunch.
Wong, Kenneth, Bass, Dina. 2012. "SAP to Acquire Arriba for $4.3 Billion in Push into Cloud".
Bloomberg News