Office automation and group collaboration software-advantage

Assignment Help Accounting Basics
Reference no: EM13915159

Subject: Office Automation and Group Collaboration Software/ Advantages & Disadvantages

The purpose of this memorandum is to discuss and describe what office automation and group collaboration software is used within my organization which is the finance section of the SMD/Procurement. I will be describing the advantages and disadvantages of the software that is used. Any software can be a good thing or it can be a bad thing on the company that is why proper research should be done before use of the software.

Office Automation

The basis of having software is to create a better atmosphere to solve situations and perform everyday tasks ran by the computer. In our database we have a lot of different software that we use. I believe in our wholesale department; the IS director created her own system in which she tracks the errors of all the employees; so that we will know what errors we are making at the end of each month. She will be upgrading it so that we can get error sheets each day to improve on this. This is proprietary software. The advantage of having this software is you get what you need because you are creating it to suit you. on the downside it may take to long to get through all the development phases and it may cause issues in the long run that cannot be solved. Making your own rules and creating your own guidelines for software can be whether convenient; but at the same time it has its downfalls. Management has to make sure that they agree with the person creating the different programs to suit the business needs and they need to train more than one person on the same thing. So in absence the procedures can be followed.

Reference no: EM13915159

Questions Cloud

Prepare cost of goods sold statements : Prepare cost of goods sold statements that compare the value of ending inventory and the cost of goods sold for each of the three years using the FIFO inventory costing method.
Using all the monies available equally : Brandie wants to deposit $10,000 a year for 30 years. She then wants to retire for 30 years using all the monies available equally. How much can she withdraw for the 30 years assuming an interest rate at 7%? Please show work.
Have things improved since nash wrote this line : Do we now have sufficient checks and balances in place to prevent the crises of the 1990s and early 2000s? Explain. What else can be done to reduce the likelihood of unethical abuses? Explain.
Determine what this annuity is worth right : If you were to receive $1,000 each year for 10 years starting the end of 5 years, determine what this annuity is worth right now assuming 6% interest. (deferred annuity) Please show work.
Office automation and group collaboration software-advantage : The purpose of this memorandum is to discuss and describe what office automation and group collaboration software is used within my organization which is the finance section of the SMD/Procurement. I will be describing the advantages and disadvant..
Payment using equivalent real cash flow-real discount rate : "Mr. Art Deco will be paid $100,000 one year hence. This is a nominal flow, which he discounts at an 8% nominal discount rate: PV = 100,000/1.08 = $92,593 The inflation rate is 4%. Calculate the PV of Mr. Deco’s payment using the equivalent real cash..
Survey and data collection related to criminal justice : Prepare a 1,400- to 1,750-word paper describing survey research and data collection as they relate to criminal justice research. Address each of the following in your paper: Identify the various types of survey research utilized in the field of cr..
Write out the electron configurations of the ions : Write out the electron configurations of the ions below and determine which one is listed with an incorrect charge. (the numbers and charges written after the elemental symbol should be understood as superscripts)
Calculate cost of goods available for sale inventory in unit : Determine cost of goods available for sale and ending inventory in units. Then determine the costs that should be assigned to cost of goods sold and ending inventory under each of the following assumptions.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute pension expense for van persie corp for the year

van persie corp. sponsors a defined-benefit pension plan for its employees. the following balances related to the plan

  You are considering an investment in a new start-up company

you are considering an investment in a new start-up company steamboat iq inc. an internet service provider. a review of

  Explain how to record the patent

At May 5, 2011, MacDougal's common stock was quoted at $34 per share, and the patent had a carrying value of $55,000 on Masset's books. MacDougal should record the patent at.

  Company can use either the direct or indirect method of

company can use either the direct or indirect method of preparing the operating activities section of the statement of

  Trade-in allowance on the purchase

The old used truck cost $4,800 and on March 31, the end of the quarter, had depreciated $3,180 straight-line depreciation on the old truck is $80 per month. The new truck listed for $ 18,950 and wumbaugh Auto Sales allowed a $2,825 trade-in allowa..

  Prepare an income statement

(A) Prepare an income statement and a retained earnings statement for the month of June and a balance sheet at June 30, 2015.

  Part of the accounting process

Bookkeeping differs from accounting in that bookkeeping primarily involves which part of the accounting process?

  When forming a partnership is accumulated depreciation that

when forming a partnership is accumulated depreciation that is brought in by one partner considered a asset or

  Would you vote for councilwoman doubleton

Further, by eliminating this allowance, revenues could be increased immediately, and additional services could be provided without incurring a deficit. Would you vote for Councilwoman Doubleton motion if you were a council member? Why or why not?

  While doing an audit you discover inconsistencies in the

while doing an audit you discover inconsistencies in the companys expenses. address the following middot why might a

  Flop honored her promissory note by sending the face amount

prepare journal entries to record the following transactions entered into by flip

  You have just been hired as a management trainee by cravat

you have just been hired as a management trainee by cravat sales company a nationwide distributor of a designers silk

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd