Legacy AIS
Replacing a Legacy AIS System
As technology continues to progress many of the legacy Accounting Information Systems (AIS) are continually being replaced with models that have increased functionality. The new systems have enhanced financial management and decision making capabilities as well as the capabilities to integrate with other information systems. The degree of value that a newer generation AIS system can add is largely depends on whether the implementation project is successful. The project implementation will as depend largely on whether the system is custom, outsourced or boxed and the design of the system to be introduced to the organization. This analysis will provide an overview of the benefits and disadvantages related to different types of system design. Based on the findings, a recommendation will be made and an overview of the software development lifecycle (SDLC) will be provided for consideration.
Value of New AIS Systems
There are a plethora of features that a contemporary AIS system can offer an organization. Some of the new features that are available in these systems can make an organization more competitive by automating many business processes, lowering transaction costs, and allowing faster access to real time company information (Kabir, N., 2010). If companies are using legacy AIS systems, they are most likely heavily dependent on manual processes. Manual accounting systems can slow the flow of information and a layer of redundancy to the accounting process. This can bog down the entire organization since management will not have access to the most up-to-date information.
There are also many other advantages to the implantation of a new generation system. For example newer systems can support growth strategies without the need to greatly expand human resources. Furthermore, new systems can offer features such as e-business solutions that can automatically integrate with the backend financial accounting. This can make expedite ordering and delivery functions for customers and reduce the need for internal processing. Furthermore,...
Data Warehousing Data Warehouse technology has changed the way that global organizations conduct business. Many have found it impossible to create a business strategy without a data warehouse. The purpose of this discussion is to research and explain the importance of data warehouse management. We will begin by defining data warehouse and describing the business uses for the technology. Our discussion will then focus of data warehouse management. We will examine the
Data Warehousing and Data Mining Executive Overview Analytics, Business Intelligence (BI) and the exponential increase of insight and decision making accuracy and quality in many enterprises today can be directly attributed to the successful implementation of Enterprise Data Warehouse (EDW) and data mining systems. The examples of how Continental Airlines (Watson, Wixom, Hoffer, 2006) and Toyota (Dyer, Nobeoka, 2000) continue to use advanced EDW and data mining systems and processes to streamline
Similarly, the Air Force needed no only some intelligent reporting capabilities, but a way that Air Force personnel, government employees, and civilian IT contractors would work together in the evaluation of applications and reports in a more robust and real-time manner. "The intent was to provide the Keystone user community the ability to do more complex financial analysis and reporting on a "self-service" basis to reduce overall system maintenance and
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