Company Wide Use Of Accounting Software Flashcards

1
Q

How can accounting software assist the Data analysts?

A
  • Can make effective analyses based on the accurate data they are presented with due to real time updating, and lower chance of errors or typos.
  • Should any data be incorrect, it is easy for data to be updated.
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2
Q

How can accounting software assist Human Resources?

A

-Should an agency be hired, HR is often required to deal with the costs associated. (An agency may be used to deal with hiring or training for example).

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3
Q

How can accounting software assist these departments:

Marketing
Executives
Delivery office/production

A

Marketing- How successful is each product we’re selling? Should we increase the marketing for this product?

Executives- Forecasting, how should we alter our strategy based on forecast data?

Delivery office/production: now many orders are placed and what deadline?

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4
Q

What must you remember about the “company wide benefits of accounting software” question?

A

TIE IT TO BBL! (BESPOKE BIKE LIMITED)

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