HI5019 Strategic Information Systems for Business and Management

1.Part 1:

Organisational Structure

The organizational structure for accounting MYOB is set in Australian Accounting Software System which can provide the tax, along with the accounting to handle the services with the medium business forms, along with the accounting, payroll, customer relationship management, job management, human resource management, with retail and professional tax products. The agreement is set to the intellectual property rights where there is a proper description of the development team from MYOB. The activity tends to work on the globalized development with returning forms set to continue to be the shareholders in the company. It works on the attempts to save the time with the complete focus on the productivity as well as improving the calculations set with the payroll. MYOB is the best value setup which includes the setup for the smaller business, where there are standards set with the business software along with the process sales and purchases. The formats are based on the MYOB Accounting System to manage the cash receipts, and the expenditures are set with the generating of the accounting reports. (Alyousef et al., 2017). The management and the financial reporting purposes work on the functions available depending upon the requirements of the accounts, banking, and the payment voucher. The sales and the receivables to enter the sales quotes, for the orders and invoice, receiving the payments to handle the purchases and the payables to enter the purchasing of the orders and the bills.

Operational Problems

There are different patterns which include the errors and the inefficiency of the system that is considered to be the primary concern to handle the system vulnerability. It has been seen that many of the trusted employees go through the different frauds, which affect the reputation of the company and loss as well. MYOB is set with the integration of the business and the inventory solutions, to focus on the real-time data access as and when required. For this, there are reports to work on the accounting products where there is a use of the GST in the different parts of the world. For the easy setup, there is a series of the questions which are important to be dealt in the industry. (Blount et al., 2016). It is mainly to work on the built-in checker to focus on the unbalanced entries as well as the errors. There are different forms to make sure of the processing errors as well as to make sure of the integrity of better business operations. Here, the forms are set with the issues that could lead to the development along with working on the optimized form set through the users of MYOB. The data is set according to the requirements as well as the development towards the optimization process. It will help in an easy setup of the work, where there are working standards to handle the reporting formats with the process in which the data needs to contribute and set with the marginal development as well.

Acquisition Method of ERP

The ERP system is important for MYOB with the better functioning system, where it can provide the best leading decisions. It includes the control with the increased opportunities that will help in growing to a better level along with turning the greater profits depending upon the ERP system software. (Bunjevac, 2017). There are opportunities to work with the Business Management process, Supply chain and distribution, job costs, etc. there is a need to analyze the flexibility in the system with the diversified growth of the solutions that tend to integrate with the system analysis. There are reporting information which can take control of the entire business and the planning in an effective manner. ERP works on the flexibility of the business with the availability of the features that include the infinite forms of the expandable editions in MYOB, with the cloud ERP choice. The ERP is set with the enhancement of the inventory management to track the automation process, streamlined sales and the purchase for tracking the different orders as well as the delivery process. The entire procedure is based on working with the comprehensive project accounting, where there is a need to manage and monitor the sales process depending upon the customized forms of the dashboards which are mainly for the better performance of the business. The flexibility and the better value is important for the planning along with setting the management of the business expenses that needs to be running for the entire year. (Burgass et al., 2016). MYOB Exo works on the ERP and the HRM solutions where there is an easy management for the different requirements. Hence, for this, there is also a proper setup of the company, where the advancement in the stock management includes the serial number tracking as well as bin management. The management is also for the graphical visibility in the business to improve the performance standards.

Describes and prepare a system flowchart of the sales procedures

Here, the sales are determined mainly through the printing and the mail of the statements, where the user tends to enter the sales in the register along with focusing on the transactional journals. There are other forms of the process for the easy customization formats and additional logos to hold the specifications as per the instructions. The formats are set depending upon the viewing of the sales along with the work status to identify the product and the order status as well. (Chua et al., 2017). The customer credits are limited depending upon the account usability formats. ERP is for the integrated CRM functionality which is also for the live customer details that include the better level of the stock level features. Here, there are forms to work on the viewing and the analysis of the inventory management, costing of the project, HR and the payroll with the different aspects of the operational processes.

Control problems and fraud

Here, the forms are related to focus on the functioning along with the other related terms of the purchasing and the payrolls. It has been seen that the trusted employees try to share the information of the company with the competitive company. Along with this, some of the people try to make the fake accounts of the employees, so that they can get the salary of the other employee in their account only. There are also people who do not remove the data of the people who were working previously, and then they tend to join their bank account with risks that they take the salary from the name of other's person account. (Dunbar et al., 2016).

2.Part 2

Development and adoption

This includes the accounting software which is of the different modules and the sections. There are accounts which are receivable when the company tends to enter the money which has been received, with the billing and the accounts payable to enter the bill and pay the money which is owed. There are certain forms of the core debt collection where the company tends to track the attempts in order to connect with the different options as well as tracking the salary and the wages. The Accounting Software Package was set by IBM in 9PAC, for the easy record of the time and the purchasing requisition.

The implementation and the adoption have been a major consideration to focus on the marketing applications as well as working on the installation, customization and the supporting of the services. For this, there is a need for the organization to sell and consult the clients with the elimination of the reseller. It is tracked in 1959, where there are a proper storage and the access to the structured data that comes from the relational database from the computers. The company needs to start with the investment where the SAP RF where there is a need to handle the wide range of the business operations for the faster business decisions processes. (McGrath et al., 2016). Peachtree works on the introduction to expand and integrate the office suite with the spreadsheet where the word processing is based on handling the new dimensions of the accounting applications. Here, the setup is based on the friendly user interface, wherein 1993, the Teleware can handle the Best Software standards.

Market Size

Here, the forms are involving the accounting Software company where the study is about the involvement of 1622 small business where the Australian small business is set to adapt the better accounting software when compared to the other different countries. As per the analysis, there is a need to check on reducing the tedious paperwork where there is a characterisation of the errors with the omission and the commission, cost, and the time waste. The processing is based on the ledgers along with the sales, purchase and the cash book. Here, there is a trial balance to adjust with the entries with the financial reports properly. The manual accounting also involves the paperwork where there are different forms of the bookkeepers to handle the software system in an effective manner. The effectiveness is based on the adoption process with the growth of the different number of the business products.

Leaders with the competitive advantage

The competition is in the system of the accounting software market where there are a different number of the customers in Australia to handle the small and the medium-sized business. Here, the players for the accounting are Xero, Intuit, and the MYOB which works on the cloud computing. The company can handle the biggest shares along with focusing on the small and the medium-sized business patterns as well. For this, the company is working on the different challenges with the identification of the gaps of the users to check on the accounting software. (Nikosana, 2016). There is a facilitation of the changes which are not of the autonomous standards but works with the collection, processing and the maintenance of the accounting books. The greatest challenge is to work on the accounting factors which could not be reconciled with the different forms of the services.

Gaps and the Challenges

There are challenges and the gaps related to the system efficiency. The challenge is to handle the security and work on the different forms of the system standards, which account for the remarkable patterns of development. The investigation of the computer language, with the simple programs, are set to work on the computing systems. (Watty et al., 2016). It also includes the market where there is an every growing form of the medium and the small scaled business. Xero and Intuit are working on the domination where the accounting of the software market can cover the different perspectives which relate to the integration of the accounting software in the cloud. The research is about handling the challenges with the strategies that comes to deal with the authentication process, information-centric security as well as the prediction of the cryptography standards.

Recommendation

Xero works with the SaaS where the API provider works on the third-party vendors to handle the functioning as well as the integration of the system. It is mainly through the single unified ledger in the cloud, which works on the capability not provide the users with the applications that work on the operations as well as the better computation power. It also brings the changes with the enhancement in the effectiveness of the cost, as well as the time to market the functions, innovation with the scale to demand. (Singh, 2016). There is a major concern for the lack of security which could be set through the firewall and the encryption of the authentication of the services. This will also help in measuring the Identify Management techniques to carry out the process with the computation characterized mainly by the ciphertexts.

References

Alyousef, H.S. and Alsharif, A.A., 2017. The Experiential Meaning in Saudi Postgraduate Business Students’ Multimodal Accounting Texts: A Multidimensional Exploration. Australian Journal of Linguistics, 37(2), pp.219-251.

Blount, Y., Abedin, B., Vatanasakdakul, S. and Erfani, S., 2016. Integrating enterprise resource planning (SAP) in the accounting curriculum: a systematic literature review and case study. Accounting Education, 25(2), pp.185-202.

Bunjevac, T., 2017. From Individual Judge to Judicial Bureaucracy: The Emergence of Judicial Councils and the Changing Nature of Judicial Accountability in Court Administration.

Burgess, S. and Paguio, R., 2016. Examining ICT application adoption in Australian home-based businesses: an innovation-decision process approach. Journal of Enterprise Information Management, 29(2), pp.276-299.

Chua, F. and Lam, S., 2017. Analysis of Students’ Feedback to Improve Course Programme ANQ Congress 2014 Singapore. In Theory and Practice of Quality and Reliability Engineering in Asia Industry (pp. 77-85). Springer, Singapore.

Dunbar, K., Laing, G. and Wynder, M., 2016. A Content Analysis of Accounting Job Advertisements: Skill Requirements for Graduates. The E-Journal of Business Education & Scholarship of Teaching, 10(1), p.58.

McGrath, D. and Murphy, D., 2016. Understanding accounting as a career: an immersion work experience for students making career decisions. Accounting Education, 25(1), pp.57-87.

Nkosana, T., 2016. Use of information and communication technology (ICT) and e-commerce in small remote hospitality establishments in KwaZulu-Natal (Doctoral dissertation).

Singh, K., 2016. Implementing Enterprise Resource Planning Education in a Postgraduate Accounting Information Systems Course.

Watty, K., McKay, J. and Ngo, L., 2016. J. of Acc. Ed.