As part of your course project, you are asked to research software for your accounting information system and complete a cost vs. benefit analysis using present value tables.

Part 1 - Software Research

Conduct research to find two standard packages that you feel may fit your company. For example, SAP is a one of the solutions that a company can utilize, to do everything from human resources, finance, and inventory.

You should use 2 credible sources, which may include journal articles from Academic Journals.

Use APA formatting to write your paper and to document your sources. It will be important to cite your sources both in-text and on your reference page.

You are required to discuss the following:

In a single document, provide a summary of the two software packages that you researched. Include the following information in your summary:

• Cost
• Availability
• Required Hardware
• Training and Support Package
• Transition Time
• Briefly explain the advantages and disadvantages of each of the software.
• In the summary, indicate the product that you feel is the best fit for your company and why.
• Include an APA formatted reference page.
• Include an APA formatted title page.

Part 2 - Cost vs. Benefit Analysis Using Present Value Tables

Assume that you adopt a custom software package. Using present value tables, evaluate the cost vs. benefit of a system under the following scenario: The probable cost of the best package is estimated at $20 million to implement. While there are no benefits in the first year, you estimate the system will save the company a net of $4 million the second year after costs and $6 million for the next three years. Interest rate is 2%. Your cost vs. benefit analysis should indicate the total and yearly benefits and discounted costs. Will the project make money at the 2% interest rate?

This exercise involves a capital budgeting decision using the net present value method. This method considers the estimated net cash flows for a project's expected life.

You can use the following format for your analysis. Alternatively, you can list the years using a vertical format.

	Year 1	Year 2	Year 3	Year 4	Year 5
Benefits
Discounted
Total Discounted
Value

Summarize your findings in an executive summary table with information for easy comparability.