Prepare report to evaluate and recommend an ERP software

Assignment Help Accounting Basics
Reference no: EM132674475

Question - You are recently employed as a graduate consultant in a management consultancy firm. One of your firm's clients is currently evaluating its information systems, and the Managing Director of your client thinks that they needed to invest in an Enterprise Resources Planning (ERP) system to support the growth of the business.

Required - Prepare report to evaluate and recommend an ERP software for a listed company of your choice (your firm's client).

1. The report should include the following components: Background of the Selected Business

Describe your client's business and its business activities.

Discuss the key business processes for your client.

Based on our discussion in Interactive Tutorial 4 to 6, evaluate the business process of your clients to identify potential weak internal controls and the risk associated with these potential weak controls.

Recommend the control techniques that will reduce or eliminate these potential risks.

2. Systems Requirements

Outline the software features and functionalities that your client should consider supporting its business activities.

3. Software Selection

Discuss the history of ERP, particularly the history of ERP in the modern manufacturing world.

We have discussed the general functionalities and key elements of ERP systems in Week 9 and 10 (Chapter 11: Enterprise Resource Planning System). Compare and contrast the features and functionalities of three ERP software packages offered by the ERP vendors.

And finally, identify the most suitable vendor and ERP software package for your client and explain why it is the best option.

Reference no: EM132674475

Questions Cloud

Collaborations for homeland security : The tasks related to securing the homeland and its critical infrastructure are shared among many organizations.
Leadership style evaluation test : Use this Leadership Style Evaluation Test from Your Leadership Legacy by Robert M. Galford and Regina Fazio Maruca to determine what leadership style
Juvenile decision to participate in delinquency : Briefly discuss the impact of external societal factors on a juvenile's decision to participate in delinquency.
Texas cop fired after forceful arrest caught on tape : Review the article Disraeli Arnold Update: Texas cop fired after forceful arrest caught on tape.
Prepare report to evaluate and recommend an ERP software : Prepare report to evaluate and recommend an ERP software for a listed company of your choice (your firm's client)
Criminal justice system must handle juvenile offender : Describes at least two landmark court decisions directly related to the way the criminal justice system must handle a juvenile offender
Calculate the expected annual sick-leave expense : Bear Island Ltd has a weekly payroll of $300 000. Calculate the expected annual sick-leave expense for Bear Island Ltd (on the basis of average salaries)
The stanford prison experiment : What impact did this experiment have on scientific research? What lessons can managers in today's jails and prisons learn from this experiment?
Draw an entity-relationship diagram : The Memphis Zoo employs a staff of veterinarians. Each veterinarian has a unique employee number. Draw an Entity-Relationship diagram

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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