Question
Caleb Health International Limited (Caleb) is a natural product trading company that established in 1995. Caleb operates 100 retail shops in the United States and
Caleb Health International Limited (Caleb) is a natural product trading company that established in 1995. Caleb operates 100 retail shops in the United States and Asia. The success of Caleb comes from offering reputable national brands product that found from all around the world at a competitive price.
With the increasing number of transactions and business penetration, Caleb wants to implement a new web-based accounting information system. In this new system, the data entry work will be decentralized, while still allowing the head office full access to the latest financial information for making strategic decisions.
Currently, Caleb makes around USD$5 million net profit monthly. Caleb is a company established in Hong Kong. All oversea branches are solely owned by the parent company in Hong Kong. The branches are not using the same accounting software which make the consolidation work becomes difficult.
As a result, the CEO would like to use the same accounting software. You are the project manager, and the CEO asks you to write a report that compares and contrasts two web-based accounting information systems, and that recommends the system that is most suitable for the company.
(You are required to make reasonable assumptions in your project in order to provide a good and conclusive analysis, e.g. the number of accounting staff.)
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