Discuss what the key advantages of using the ERP

Reference no: EM132481252

Point 1: Mr Khan has become increasingly interested in the implementation of the ERP due to your efforts in identifying the strengths and weaknesses during your time at AVC. The errors and lack of conformance with the Conceptual Framework of Accounting in prior years as well as the reality of becoming a publicly traded company has caused an increase in concern over the quality of information that is generated. What AVC needs right now is a preliminary plan for the beginning stages of the design. The system in consideration is NetSuite, one which you have obtained hands on practical experience with.

Activity

Question 1: Discuss how the ERP and the Conceptual Framework of Accounting are related

Question 2: Discuss what the key advantages of using the ERP would be for AVC; list 5 valuable resources available within NetSuite that you feel would exemplify some great advantages to AVC

Question 3: What are the disadvantages? In your discussion include some counter resources available (think security)

Reference no: EM132481252

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