a) You have landed a consulting job for Eddposh Solutions, a firm that is contemplating an integrated enterprise system. Although the CFO realizes there are many benefits of integrating the accounting system with other systems and sharing data, she has asked you to prepare an executive summary of the challenges associated with converting from a stand-alone to an integrated system.

Required

Summarize your report to the CEO

b) Explain the eight major differences between integrated reporting and traditional financial reporting

c) Explain the following SAP concepts:

i) Order to cash

ii) Procure to pay

d) Briefly explain the events in the SAP purchasing model

Explain the five guiding principles that characterize an integrated reporting framework.