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Introduction

A company named Amcor Limited is a well known manufacturing company. They are involved in the packaging of rigid plastics and in the production of flexible. This company is based in Australia. Their main aim is packaging. They have taken responsibility in the area of food, beverages, medicine protection and also protection of personal products. The headquarters of the company is located in Victoria. This company was founded in the year 1860. Its former name was Australian Paper Manufacturers. This was renamed in 1986 as Amcor Limited. It is the largest producer of PET bottles across the world.

This report talks about the implementation process of accounting software of Amcor Limited.  This report talks about the organizational structure of the company as well as the problems in the present structure. It talks about the software acquisition method of the company. It explains the sales procedure of the company. This report also describes about the accounting software that are used by the company. It also describes about the present market size of the company, existing challenges. This report also provides recommendations to overcome the loopholes in the existing accounting software.

Part One
a. Organizational Structure of Amcor Limited

Amcor Limited is a company based in Australia. It is one of the best leaders of the manufacturing company (Amcor.com 2017). The organizational structure of this company has several levels. It is hierarchical in nature. Managing director is present at the highest level of the company. The following levels have directors of all the departments. The departments present are finance, marketing, human resource as well as operations. Following this level is the different departmental managers. All the departments include marketing, finance, operations and human resource. The team leaders come after the managers. Organization’s lowest level has the team members of different teams like sales, marketing, production as well as the account assistants. The main focus of the strong management team is innovation.

Figure 1: Organizational Structure

(Source: Lunenburg 2012)

The above diagram is a general structure of the organization (Fan, Wong and Zhang, 2013). The organizational structure is given below in details.

Figure 2: Organizational Structure

(Source: Sapinsider.wispubs.com 2017)

The above diagram depicts the hierarchical levels present in the organization. Hierarchical structure has an organized methodology and nature. This structure promotes stability in the company (Sapinsider.wispubs.com 2017). The roles of the employees are clear enough. All the employees know their super ordinate. They know their reporting heads. Fixed policies and rules are implemented in a hierarchical structure. This makes the organization strong and they are able to achieve goals in a proper manner. This structure clarifies the employees about their responsibilities.

b. Operational problems faced by Amcor due to its Structure

Hierarchical structure of the company has several issues. The flexibility of the company is hampered. There is absence of flexible working mechanism (CorporateSite 2017). Long term aims and goals of the company cannot be always planned in a proper manner because there is no guarantee about the future events.  This type of planning might fail to capture profit in future. There is no scope for creativity in the present structure because it is tall structure and it has levels that are to be followed. There is lack in a two way communication process (Tran and Tian 2013). The problems faced in the structure are not much visible in supply chain of the company (Singh 2013). The innovation process is hampered as the employees are not able o participate in any type of decision making process.

c. System Acquisition Procedure of Amcor Limited

The software used by Amcor Limited is Enterprise Resource Planning or ERP software. Names of the software are SAP CRM 7.0, SAP SCM 5.0 as well as SAP ERP 6.0. The performance of the company is improved by using these solutions. Processing costs are reduced. Time taken to carry out any business process is also low. There is increase in the cash flow level. Company revenue is increased. Stock wastage is less. Cost of freight is reduced by using this software. The functionality of SAP is little. The implementation of ERP is successful because it is implemented with the use of MS word or Microsoft Office Word. ERP software has proved to be extremely helpful for the company.

d. System Flowchart of the Sales Procedure

The system flowchart is the illustration of the sales procedure of an organization. The less development and the insufficiency are the major reasons for the downfall of the manufacturing company (Gunasekaran and Spalanzani 2012). The procedure of the sales starts from recognizing the necessities, the necessary activities and the sales teams. The first step covers the customers. When a customer places an order, the manufacturer will see if the order placed can be executed or not. He will check if the good is available and feasible for selling or not. The procedures are repetitive and will repeat themselves until they are completely executed (Hosgor, 2015). The flowchart given helps to understand the entire process where at first the consumer places an order and after passing through several steps is finally delivered to the customer.

Figure 3: System Flowchart of the Sales Procedure

(Source: Ingram et al. 2012)

e. Control Problems and Different Types of Frauds that are Possible in this System 

Various issues are present in the ERP system of the organization. The major drawback is the price. It is not at all cost effective and is difficult to implement and maintain the system. The other disadvantage is the complexity of the system. Moreover, many experts are needed for the software and training is needed for them (Christauskas and Miseviciene 2012). Any type of misleading can cause the loss of data. Delay is not at all acceptable for the software as it lacks security and standard policies. Various frauds can undertake in the system. Vendors cannot be trusted all the time and this is the reason for the problems. Another important issue can be the coding of the distribution of invoice in a wrong account.  

Part 2
a. Development and Adoption of the Accounting Software Packages

The accounting software packages are majorly classified into Xero, Myob, and Quickbooks and it would imply the effective flow of the information processing. These software packages are being developed and formed for being sued by most of the accounting software using organizations. Organizations of various sizes like large scale, medium scale, and small scale have been using these accounting software packages for forming the effective flow of information. As stated in Reval (2017) the organization of Amcor Limited has been using the Reval Accounting Software Package. The accounting software package would be implied for being developed in the organization. The influence of the effective and smart processing of the organization would tend to improve the system development and processing. The service platform of the accounting software system would tend to involve the management of the risk and system integration of the risk of accounting application. Amcor.com 2017 has shown that over 650 other companies have been using the Reval Accounting Software Packages. The improvement of the processes would involve the development of the effective processing and it would tend to inform the subsequent development of the effective processing and development.

b. Market Size of the Current Accounting Software Packages

It is very important for analysis of the current market size of the Amcor Limited for Australia. The share of the market size of Amcor Limited can be shown from the diagram shown below and it has shown rapid increase and decrease of the performance. However, the market size would show the incredible improvement of the market size from July 2017 (Amcor.com 2017). The present price of the shares of the organization is considerably low, although the performance of the company is considerable high.

Figure 4: Market Size of Amcor Ltd.

(Source: Amcor.com 2017)

c. Leaders in the Market and Competitive Advantage

Organizations like Silgan Holdings Inc. and Georgia Pacific along with Amcor Limited are the leaders of the current accounting software packages of Australia. The organization had been limited to the improvement of the supplier eccentric and development factor. The organization of Silgan Holdings is considered as the leading supplier of packaging goods and its products in the organization. The annual sales of the organization had seen the peak of 3.6 billion dollars for the year of 2016 (Silganholdings.com 2017). The annual sales and the generation of the revenue has seen the advent of the improvement and development of the organization. Amcor has been an facing apt rivalry from Silgan Holdings Inc. for development of the existing operations for forming the effective flow of system integration and its combine development methods. The Georgia Pacific would be another major factor for the development of the effective operations. The organization is a leading manufacturer of timber paper and the organization had formed the improvement of the operations since the deployment of the accounting software packages. The annual revenue of the organization had been aimed to be about 9.5 billion dollars ().The annual sales and the generation of the revenue has seen the advent of the improvement and development of the organization.

c. Existing Challenges Encountered by Users of Accounting Software

The existing challenges of the Accounting Software Package for the Amcor Limited can be classified into the operational challenges, technical challenges and security challenges. These challenges are explained below,

Operational Challenges: The operational challenges would form the issues in integration the implication of the information processing (Christauskas and Miseviciene 2012). The operational challenges of using Reval are existing system unable to form the development of the Accounting Software Package inclusion. The effective challenge of the operations would tend to limit the scope of operations for system integration in Amcor.

Technical Challenges: The technical challenges of the accounting software package include the system development issues. Lack of technology and the system integration would tend to form the development issues in the system implication of the operation (Fan, Wong and Zhang 2013). The technical challenges of the Reval include system development errors and technical operation errors.

Security Challenges: The security challenges of the Amcor for the implication of the Reval accounting software packages (Fan, Wong and Zhang 2013). The implication of the accounting software package would tend to imply the issues of security for the organization. The data theft and loss are the major issues of security for the Amcor.

Recommendations

Some recommendations for the implication of the Reval include use of SDLC for implementation and Security measures and they have been explained below,

Use of SDLC for implementation: Amcor should use the SDLC or system development life cycle for the implementation of the Reval Accounting Software Package. The SDLC involves the development of the integrated operations for the development of the system integrated cycle for the implementation model. The SDLC consists of some improvement for forming the operational processing of the organization and aligning it to the Accounting Software Package.

Security measures: The use of IDS/IPS is very important for forming the alignment of the operations in the organization. The security by using encryption and authentication would tend to involve the development of the security for the organization of Amcor in implementing the Accounting Software Package. The security would tend to form the effective processing of the accounting data along with the improvement of the confidentiality of operations.

Conclusion

It can be concluded from the assignment that accounting software packages are very helpful for the integration of the operations and development of the effective processing of the information. The accounting software packages had been majorly classified into Xero, Myob, and Quickbooks and they were developed and formed for being used by most of the accounting software using organizations. The improvement of the processes had involved the development of the effective processing and it would tend to inform the subsequent development of the effective processing and development. The existing challenges of the Accounting Software Package for the Amcor Limited were classified into the operational challenges, technical challenges and security challenges. The analysis had shown that Reval should use of SDLC for implementation and Security measures such as IDS/IPS, encryption and authentication for ensuring the smart development of the Reval in Amcor.

References

Amcor.com. 2017. Amcor - Home. [online] Available at: https://www.amcor.com/ [Accessed 22 Aug. 2017].

Christauskas, C. and Miseviciene, R., 2012. Cloud–computing based accounting for small to medium sized business. Engineering Economics, 23(1), pp.14-21.

CorporateSite. 2017. [online] Available at: https://d2491pxl8gaali.cloudfront.net/CorporateSite/media/Sustain-Reports/Amcor-2014-GRI-Report.pdf [Accessed 22 Aug. 2017].

Fan, J.P., Wong, T.J. and Zhang, T., 2013. Institutions and organizational structure: The case of state-owned corporate pyramids. The Journal of Law, Economics, and Organization, 29(6), pp.1217-1252.

Gunasekaran, A. and Spalanzani, A., 2012. Sustainability of manufacturing and services: Investigations for research and applications. International Journal of Production Economics, 140(1), pp.35-47.

Ho?gör, E.A., 2015. Organizational Structure. Wiley Encyclopedia of Management.

Ingram, T.N., LaForge, R.W., Avila, R.A., Schwepker Jr, C.H. and Williams, M.R., 2012. Sales management: Analysis and decision making. ME Sharpe.

Lunenburg, F.C., 2012. Organizational structure: Mintzberg’s framework. International journal of scholarly, academic, intellectual diversity, 14(1), pp.1-8.

Oxygen. 2017. SAP ERP Upgrade - Amcor | Oxygen. [online] Available at: http://www.uxcoxygen.com/case-studies/sap [Accessed 22 Aug. 2017].

Reval. 2017. Reval Treasury and Risk Management Technology. [online] Available at: https://www.reval.com/ [Accessed 22 Aug. 2017].

Sapinsider.wispubs.com. 2017. Amcor Rigid Plastics Manufactures a Winning Archiving Strategy. [online] Available at: http://sapinsider.wispubs.com/Assets/Case-Studies/2012/October/Amcor-Rigid-Plastics-Manufactures-A-Winning-Archiving-Strategy [Accessed 22 Aug. 2017].

Silganholdings.com. 2017. Silgan Holdings Inc.. [online] Available at: http://www.silganholdings.com/ [Accessed 22 Aug. 2017].

Singh, A., 2013. A study of role of McKinsey's 7S framework in achieving organizational excellence. Organization Development Journal, 31(3), p.39.

Tran, Q. and Tian, Y., 2013. Organizational structure: Influencing factors and impact on a firm. American Journal of Industrial and Business Management, 3(2), p.229.

Wagner III, J.A. and Hollenbeck, J.R., 2014. Organizational behavior: Securing competitive advantage. Routledge.

Walsh, T., Arca Systems AB, 2002. Pallet container with a door. U.S. Patent D466,690.

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