Question
Eureka Limited is a family owned company with around 73 employees and sales revenue increased to more than $ 18.5 million during the past year.
Eureka Limited is a family owned company with around 73 employees and sales revenue increased to more than $ 18.5 million during the past year. It has been in business for over 55 years and supplies beverages to a number of different businesses, including supermarkets and pub-chains. The company has experienced mixed fortunes over the years in terms of business performance, but in the last few years has experienced a growth in orders for some of its new healthy product ranges. However, Eureka has recently lost some key accounts because of being unable to produce some of its products at a competitive price. Although the company hired an accountant who was keeping their books for them and producing the financial statements each year, the company thought they needed much more information to run their business efficiently. They felt that they needed to make an investment in an accounting software to take their business to the next level. Required You are required to prepare a report to evaluate and recommend an accounting software for Eureka Limited. The report should include the following components: Business requirements o What are the key business processes for Eureka Limited? o What are the major control risks for the business processes of the company? This is in relation to revenue cycle, human resource cycle-payroll cycle, expenditure cycle and conversion cycle.
The subject actually is System Information System for Business and Enterprise.
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