Jobel Company Limited, an insurance brokerage firm, has been posting huge financial losses since the outbreak of the COVID-19 pandemic. The company is in the process of filing for bankruptcy due to the consistent fall of its share price, a situation solely attributable to the COVID-19 pandemic. At the last shareholders meeting before the pandemic, members voted massively for the introduction of a computerised accounting information system (CAIS) to automate the operations of the company. However, the key management members are clueless as to the key motivating considerations for the migration. As a computerised accounting information systems student, you have been approached by the Chief Executive Officer of the company for advice and direction.

Required:

discuss the the key motivating considerations for the migration and the extent to which the migration could impact the future operations of the company