What are the transaction costs incurred by the decision

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Reference no: EM132651309

Managing the Move to the Cloud - Analyzing the Risks and Opportunities of Cloud-Based Accounting Information Systems

Discussion Questions

Pia is at a crossroads with important decisions that will affect the fate of her whole company. She needs to find answers to the important questions and define what would be the best solution for her company. She turns to you as a strategy and transformation consultant to help her in analyzing the accounting processes at Kluuvin Apteekki and to determine the course of action that she as the owner should take regarding these processes.

Specifically, she wants you to answer the following questions with solid arguments:

1. Which cloud-based accounting information system should Pia select and why?

2. Should Pia be worried about possible lock-in with either accountant or system provider?

3. How should Pia mitigate the possible data security risks?

4. Is price an important factor when choosing the system?

5. What is the optimal division of work between Pia and the accountant? Should Pia outsource all the accounting tasks, use selective outsourcing, or keep all tasks to herself? Evaluate each accounting task on their suitability to outsourcing in the cloud context. Use Table A1 provided in Appendix and discuss the implications of your choices.

6. How to ensure a good fit between the selected system and the work arrangement?

7. What are the transaction costs incurred by the decision?

8. What about long term strategy? Reflect on the implications of your choices in the future.

Attachment:- Managing the Move to the Cloud.rar

Reference no: EM132651309

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