I have an assignment where I will attached you the draft of technology paper on the picture below can you please go through and add new information/ details on that Section 5: Use of Microsoft Office and OtherTools and Section 6: Impact of Technology Advances ? 2. Can you please include at least 2 references and in-text citations to support the paper ?

This proposal outlines a plan to implement a new accounting information system (AIS) for uTopia Homeowner Association (UHA). The new AIS will address the current business challenges of UHA, including manual processes, inefficient workflows, and inaccurate data. The proposed system will alsr be able to take advantage of emerging technologi such as robotic process automation (RPA), blockchain, artificial intelligence (Al), and data analytics. Section 1: Business Problem UHA currently uses a manual accounting system tf is outdated and inefficient, This system requires a significant amount of manual data entry and processing, which leads to errors and delays. Additionally, the system does not provide real-time insights into UHA's financial performance. Automation can help to address many of the curre business challenges of UHA. For example. RPA car be used to automate manual tasks such as data er and invoice processing. Blockchain can be used to create a secure and transparent record of financial transactions. AI can be used to analyze data and generate insights that can help UHA make better financial decisions. Section 2: Core System Requirements The new AIS for UHA must meet the following con requirements: *Billing:** The system must be able to generate accurate and timely invoices for all homeowners. *Collections:** The system must be able to track payments from homeowners and generate reminders for overdue payments. *Payments:** The system must be able to accept payments from homeowners in person, by mail, an electronically. In addition to these core requirements, the new AIS should also be able to: * Generate reports on UHA's financial performance, such as income statements, balance sheets, and cash flow statements. * Track expenses and manage budgets. * Integrate with other systems, such as Microsoft 365. Section 3: Outsourcing Considerations The following functions may be prime candidates for outsourcing: *Payroll:** Outsourcing payroll can free up UHA staff to focus on other tasks. *Accounting reconciliation:H Outsourcing Section 3: Outsourcing Considerations The following functions may be prime candidates for outsourcing: *Payroll:** Outsourcing payroll can free up UHA staff to focus on other tasks. *Accounting reconciliation\" Outsourcing accounting reconciliation can help to ensure that UHA's financial records are accurate. *Tax preparation:H Outsourcing tax preparation can help UHA to comply with tax laws and avoid costly errors. The potential benefits of outsourcing these functions include: * Reduced costs * Increased efficiency * Improved accuracy * Access to specialized expertise The potential concerns of outsourcing include: * Loss of control * Increased risk of data breaches * Difficulty finding qualified vendors Section 4: Recommended System Selection Based on my evaluation of the available options, | recommend the following PC-based accounting system for UHA: *Name of system:** Sage Intacct Strengths: * Comprehensive functionality * Easy to use * Secure * Cloud-based Weaknesses: * Can be expensive * Requires some training to use effectively Migration Plan: | recommend a pilot/phase migration plan for implementing the new AIS. This plan will involve implementing the new system in phases, starting with a small pilot group. This will allow UHA to test the system and identify any potential problems before rolling it out to the entire organization. Section 5: Use of Microsoft Office and Other Tools Microsoft 365 can be used to supplement the billing, collections, payments, and reporting activities for UHA in the following ways: *Billing:** Microsoft Excel can be used to create and manage billing templates. *Collections:** Microsoft Dynamics 365 Sales can be used to track customer interactions and manage overdue payments. *Payments:** Microsoft Power Automate can be used to automate tasks such as sending payment reminders and processing electronic payments. *Reporting:** Microsoft Power Bl can be used to generate reports on UHA's financial performance. Section 6: Impact of Technology Advances The following technology advances can be used in coniunction with the recommended Section 6: Impact of Technology Advances The following technology advances can be used in conjunction with the recommended AIS: *RPA:** RPA can be used to automate manual tasks such as data entry and invoice processing. *Blockchain:** Blockchain can be used to create a secure and transparent record of financial transactions. Section 7: Challenges to Automation