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    ERP Systems in the Cloud

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    A research report on "ERP Systems in the Cloud” Your report must include the following: Introduction to the topic, a statement of the purpose of the report and a brief description of the report’s structure. Discuss, compare and/or contrast different perspectives and present arguments supporting the purpose of the report. Use relevant business case studies to illustrate key points. All points must be presented with Harvard citations to high quality (journal/book) references that have a corresponding entry in your reference list....

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    Enterprise Resource Planning (ERP) has been the source of developing the effective alignment of information and development of the strategies (Beaulieu et al. 2015). The ERP includes the utilisation of the set of software and deploying the inclusion of the innovative alignment of the activities. The ERP system would support the integration of the information on a single platform for ensuring ease of the access and effective development of the business process integration using a single repository of data. The addition of the cloud technology would enable the knowledge-based operations and remote access for accessing and developing the innovative work alignment. The cloud computing management had included the formation of the remote access for all scales of the business management. The remote access would help the organisation for aligning the formation of the innovative alignment management (Schunselaaret al. 2017).The utilised integration of ERP and Cloud would form the integration and alignment of the database and integrate implied management.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

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