country
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

System Acquisition Development And Maintenance

tag 0 Download7 Pages / 1,716 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Discuss about the System Acquisition Development and Maintenance.
 
 

Answer:

Introduction

Accounting Software Packages have been first choice of business organizations to perform accounts, sales and another essential activities of organizations. Traditionally, accounting operations were performed manually and different ledgers, trails and journals were maintained by accountants and bookkeepers. It was a time consuming job and some errors were also found in outputs. To resolve this problem, accounting software solutions were developed. In Australia, New Zealand and in some other countries, small and medium level businesses are using accounting software packages. The purpose of making this report is to discuss literature review about at organization that is using accounting software solutions in Australia. So here we have selected an organization Intuit which is an Australian Company and it has been serving people with its services and products for last many years. QuickBooks is an accounting software package that has developed Intuit Company and it is considered one of the best available software solutions. QuickBooks is world’s leading financial management solution that is based on online cloud accounting. In this report, we will discuss about various essential points regarding Intuit Company and its software solution QuickBooks.

In this segment of report, we will emphasize on organizational structure of Intuit Company, operational problems that occur due to organizational structure, system acquisition method and other essential points regarding Intuit (Intuit.com.au, 2017).

Current Organizational Structure of Intuit Company

With the help of organizational structure, Intuit Company manages its various small and large business operations of different departments. The organizational structure of Intuit consists of CEO, managers, technical experts, architects and other medium and low level employees.

In above organizational structure of Intuit Company, it is represented that how CEO and Chairman control activities of marketing chief, project management and CIO. Further these senior employees of company handle low level employees and guide them in their work.

According to analysis we got to know that organizational structure of Intuit Company is not responsible to cause operational problems and it does not have any kind of inefficiencies. The main operational problem of Intuit is to resolve problem of taxes by using system availability tools. Therefore, Intuit should concentrate on this problem and must do all potential efforts to resolve this problem. Also in this case, application monitoring will be used by company to ensure it is providing error-free performance to its customers. To achieve this goal, above discussed organizational structure of Intuit Company will provide support (eBay, 2017).

 

Most likely System Acquisition Method

The system acquisition method is used to evaluate that security is embedded throughout all phases of system development life cycle and it is also monitored system maintenance. There are different method of system acquisition such as commercial software, custom software and ERP. Among all these methods, the most likely acquisition method is ERP. It works as business process management software and also help its users to use integrated applications in secure way. Every function that is performed by ERP solution is secured and reliable, so it can be used as system acquisition method by business organizations (Spaces.internet2.edu, 2017).

For every business organization its sales and marketing of products are so important and to run these operations successfully there is requirement to implement effective sales procedures. Intuit Company implements different procedures to enhance its sales in competitive market. Following is the system flow chart of the sales procedures of Intuit Company (QuickBooks, 2017).

According to above flow chart of sales procedures of Intuit Company, it is necessary to make a good relationship customers by introducing variety of business products and services and satisfying their needs (Businessnewsdaily, 2017). Customers are important mean of earning for every business, so it is responsibility of company to take care about their demands. So customer management is necessary. The manufacturing of company must also be according to market trends and demands of customers, because fashion is changing with fast pace, so it is necessary to be aware about market. Besides this, to attract customers towards business, advertisement of products should be effective. So marketing and advertising campaigns are also necessary to enhance sales of business products and services. In this way, sales procedures of Intuit Company works.

Control Problems and Types of potential Frauds

The main control problems that are found in above discussed sales procedures of Intuit Company are its implementation. These effective sales procedures if will not be implemented properly by employees of Intuit Company then these will not provide benefits to organization and it will put bad impact over sales of services and products of company. On another side the potential frauds that can be encountered by organization in its sales procedures are lack of security and privacy of sales related information and unauthorized access of information when this information will be accessed by multiple users in organization (Business.vic.gov.au, 2017).

Here we will emphasize on market size, development and adoption of accounting software packages and another essential characteristics of this software solution that makes it better than conventional solutions of accounts management (TopTenReviews, 2017).

 

Development and Adoption of Accounting Software Packages

Today accounting software solutions are highly used in every business organization and it is considered as a modern way to manage business accounts. But development of accounting software packages is not new (Essmart Global, 2017). In 1959, IBM developed its first accounting software package and it had capability to access and store data in organized form. Due to effective results of this accounting solution, more accounting solutions were developed with new ideas and features. Today, SAP is used in business organizations as an accounting software solution due to its flexibility, security and privacy (Myob.com, 2017). After SAP, with advancement in technology, accounting software packages like MYOB, QuickBooks, Xero and Saasu are developed. In Australia, small business organizations mostly prefer to use these accounting solutions to manage their account books. In future, development of these solutions will be more improved (Uce.canterbury.ac.nz, 2017).

On another side, if we talk about adoption of accounting solution then it is already high and in future will be more increased. Due to some essential features of accounting solutions such as quick and easy to operate, time saving solution, cost effectiveness and reduce complexity of account problems etc. enhance its usability among small and medium businesses. To get rid of boring paperwork to maintain large ledgers, journals and account balance sheets, businesses prefer to adopt accounting solutions.

 


According to market research of accounting software packages, it is found that there are 121 M small businesses in Australia, New Zealand and in other countries that want to use these solutions. This market position has positive influence on market shares of companies those develop these solutions such as Intuit, MYOB, Xero and others. For example market shares of Intuit Company are near about 89%. Similarly other companies also have maximum number of shares in market.

Every business organization wants to implement best accounting software package. Therefore, it is required to identify best vendors of these software solutions that are leading in market. The market leaders of accounting software are Intuit, Xero, Saasu, Reckon One, Sage etc. To lead in market, it is necessary to have some competitive advantages that enhance value of these companies.

The main competitive advantages of these companies are their essential features, continuation in market for long time, good relationship with customers and delivery of quality products to customers (Vkinfotek.com, 2017).

 

Challenges of Users or Customers for using Accounting Software Packages and Suggestions for Challenges

Whether it is right that adoption of accounting software solutions is increasing among business organizations and at other workplaces. But still some challenges exist that are faced by users of these software packages. Those challenges are related to understanding functionality of these software solutions by non-IT users and maintenance of security and privacy of information that is stored into software. It is commonly seen that for some non-IT users it is difficult to work with a software, so in this case these people feel uncomfortable to work with solutions. On another side, this software contains sensitive information in it. In this case it is responsibility of user to be careful about this information. It is also challenging if user have lack of knowledge to maintain security (Harvard Business Review, 2017).

Therefore, to control these challenges we would like to recommend that providers of these accounting software packages should help users to work with software by providing them basic training. Besides this, to maintain security, users should concern with developers or technical experts who have provided this service to them, about usage of security tools and techniques. In this way, these challenges can be overcome by users or customers.

 

References

Spaces.internet2.edu. (2017). System Acquisition, Development, and Maintenance - 2014 Information Security Guide - Internet2 Wiki. [online] Available at: https://spaces.internet2.edu/display/2014infosecurityguide/System+Acquisition%2C+Development%2C+and+Maintenance [Accessed 26 Apr. 2017].

QuickBooks. (2017). What Is the Sales Cycle?. [online] Available at: https://quickbooks.intuit.com/r/sales/sales-cycle/ [Accessed 26 Apr. 2017].

Business.vic.gov.au. (2017). How to choose the best accounting software | Business Victoria. [online] Available at: https://www.business.vic.gov.au/money-profit-and-accounting/financial-management-set-up/How-to-choose-small-business-accounting-software [Accessed 26 Apr. 2017].

TopTenREVIEWS. (2017). The Best Accounting Software of 2017 | Top Ten Reviews. [online] Available at: https://www.toptenreviews.com/business/accounting/best-accounting-software/ [Accessed 26 Apr. 2017].

Vkinfotek.com. (2017). highlights of the book database programming using c#. [online] Available at: https://www.vkinfotek.com/database-programming.html [Accessed 26 Apr. 2017].

eBay. (2017). Top 7 Accounting Software Packages. [online] Available at: https://www.ebay.com/gds/Top-7-Accounting-Software-Packages-/10000000177747439/g.html [Accessed 26 Apr. 2017].

Businessnewsdaily. (2017). Best Accounting Software for Small Business 2017. [online] Business News Daily. Available at: https://www.businessnewsdaily.com/7543-best-accounting-software.html [Accessed 26 Apr. 2017].

Uce.canterbury.ac.nz. (2017). Competitions - MYOB IT Challenge | UC Centre for Entrepreneurship. [online] Available at: https://www.uce.canterbury.ac.nz/competitions/myob.shtml [Accessed 26 Apr. 2017].

Myob.com. (2017). MYOB gains competitive advantage with completion of BankLink purchase. [online] Available at: https://www.myob.com/au/about/news/2013/myob-gains-competitive-advantage-with-completion-of-banklink-purchase [Accessed 26 Apr. 2017].

Essmart Global. (2017). Adoption of accounting software. [online] Available at: https://www.essmart-global.com/2013/04/16/adoption-of-accounting-software/ [Accessed 26 Apr. 2017].

Harvard Business Review. (2017). How Information Gives You Competitive Advantage. [online] Available at: https://hbr.org/1985/07/how-information-gives-you-competitive-advantage [Accessed 26 Apr. 2017].

Intuit.com.au. (2017). About Intuit Australia & Our Team | QuickBooks Australia. [online] Available at: https://www.intuit.com.au/about-us/ [Accessed 26 Apr. 2017].

Download Sample

Get 100% money back after download, simply upload your unique content* of similar no. of pages or more. We verify your content and once successfully verified 100% value credited to your wallet within 7 days.

Upload Unique Document

Document Under Evaluation

Get Credits into Your Wallet

*The content must not be available online or in our existing Database to qualify as unique.

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). System Acquisition Development And Maintenance. Retrieved from https://myassignmenthelp.com/free-samples/system-acquisition-development-and-maintenance.

"System Acquisition Development And Maintenance." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/system-acquisition-development-and-maintenance.

My Assignment Help (2018) System Acquisition Development And Maintenance [Online]. Available from: https://myassignmenthelp.com/free-samples/system-acquisition-development-and-maintenance
[Accessed 13 July 2020].

My Assignment Help. 'System Acquisition Development And Maintenance' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/system-acquisition-development-and-maintenance> accessed 13 July 2020.

My Assignment Help. System Acquisition Development And Maintenance [Internet]. My Assignment Help. 2018 [cited 13 July 2020]. Available from: https://myassignmenthelp.com/free-samples/system-acquisition-development-and-maintenance.


MyAssignmenthelp.com has become one of the leading assignment help provider in New York City and Boston. We provide top class auditing assignment help. Not only auditing, but we also cover more than 100 subjects and our writers deal with all types of assignments with utmost expertise. To make writing process faster and accurate, we have segmented our assignment experts' teams as per their expertise on writing different types of assignments. We guaranteed that students who buy our assignment online get solutions worth their investment.

Latest Management Samples

ORG20003 Organisational Behaviour 3

Download : 0 | Pages : 11

Answer: Introduction Work-life balance is the most important part of an individual’s life as it helps an individual to align is personal and professional goals in the effective manner.  The work-life balance if manage effectively could led to high level of satisfaction among the individuals. In today’s world of busy life, it has become highly difficult to manage the work and home in the best manner (Anacleto, 2020). Huge...

Read More arrow Tags: Australia Collingwood 9 organisational behaviour Swinburne University of Technology 

MGMT20132 Innovation And Sustainable Business Development 3

Download : 0 | Pages : 9

Answer: Introduction The report is focused on further evaluating and refining the novel value proposition which was created in the previous assessment. Previously some innovative value propositions were suggested in view of the issues that are related to the operations of Qantas Airways. It was found previously that the two main challenges that are faced by the organization are big data management due to the constant changes in technology and...

Read More arrow Tags: Australia 9 innovation and sustainable business development Central Queensland University 

MMM343 Business Ethics 4

Download : 0 | Pages : 14

Answer: Introduction  Business ethics refers to study of business practices and policies in relation to controversial subjects such as insider trading, corporate governance, discrimination, bribery, fiduciary responsibilities and corporate social responsibility (researchgate.net., 2020). Businesses often use business ethics as guidelines for obtaining the approval of the public. In other words, business ethics includes- professional or a...

Read More arrow Tags: Australia north fitzroy 9 Business Ethics Deakin university 

U22223 Management Essentials For Health And Safety System

Download : 0 | Pages : 14
  • Course Code: U22223
  • University: University Of Portsmouth
  • Country: United Kingdom

Answer: Introduction Health and safety legislations are a key part of every jurisdiction. This is not the case of UK alone, but for every other nation. These legislations are based on the system which had been recommended in 1972 by Lord Robens to the British government. It was stated in this report that the key responsibility of doing something regarding the levels of occupational accidents and the disease stems from those who form such ris...

Read More arrow

4LMS0001 Introduction To Biochemistry

Download : 0 | Pages : 5
  • Course Code: 4LMS0001
  • University: University Of Hertfordshire
  • Country: United Kingdom

Answer: Introduction: 1) According to the Embden-Meyerhof pathway, the pentose cycle involves the conversion of glucose molecules (and fructose molecules) to CO2. Glycolysis involves the conversion of glucose to produce ATP. 3 pentose phosphates elements are converted to form fructose 6-phosphate and triose phosphate . The 14C are used directly while the fructose 6-P is not broken down to Glucose. As such, the 14C is used up to complete for t...

Read More arrow
Next
watch

Save Time & improve Grade

Just share Requriment and get customize Solution.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

1,360,695

Orders

4.9/5

Overall Rating

5,081

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 4/5

248 Order Completed

100% Response Time

Lloyd Bernabe

MSc in Accounting

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

230 Order Completed

97% Response Time

Liya Han

Master Of Science in Geotechnical Engineering (MSc Geotec)

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 4/5

3076 Order Completed

99% Response Time

Emily Wei

Doctor of Philosophy (Ph.D) in Civil Engineering

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

610 Order Completed

100% Response Time

Cheryl Zhao

PhD in Statistics

Singapore, Singapore

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

The paper was well written, although there some changes needed to be made , overall im satisfied.

flag

User Id: 438520 - 13 Jul 2020

Australia

student rating student rating student rating student rating student rating

It was a perfect work. Nice analysis and organized. I also appreciate that they were very fast.

flag

User Id: 341163 - 13 Jul 2020

Australia

student rating student rating student rating student rating student rating

THIS WAS HANDS DOWN THE BEST PAPER I\'VE EVER RECEIVED FROM A STAFF/TUTOR ON THIS SITE. IT WAS VERY WELL WRITTEN - GRAMMAR ERRORS WERE VERY MINOR & NOT NOTICEABLE. I DIDN\'T HAVE TO EDIT MUCH TO SUBMIT THE WORK. I DEFINITELY WOULD LOVE FOR THE PERSON...

flag

User Id: 234292 - 12 Jul 2020

Australia

student rating student rating student rating student rating student rating

Always fast and efficient. They seem to care about delivering good work to the students. My powerpoint was nice and well put. I will continue to use your services.

flag

User Id: 451381 - 12 Jul 2020

Australia

student rating student rating student rating student rating student rating
callback request mobile
Have any Query?