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You were hired as an analyst to develop a new information system to automate the payroll transactions in a mid-size organization. The proposed system will contain employees’ data and interface with the organization’s General Ledger system (GL). The new system will include information such as Employee ID, Employee Name (broken down into last name, first name), Employee SSN, Employee DOB, Employee Number of Dependents, Employee Title, Employee Grade, Employee Gross Salary, Tax Deducted, Employee Net Pay, Pay Interval, Cost Center, Payroll Account Number, etc.
The proposed system total financial benefits exceed the total costs by $65,000 a year over the next five years.
1. Create the applicable process model
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