WEEK 10: AIS strategies Flashcards
how to obtain AIS
- can be canned
- develop in-house
- hire external organizer to develop
Advantages of AIS purchasing
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Established processes for your industry
Streamlined Workflows
Improved Financial Planning
Improved Data Security and Accessibility
Improved Communication
Disadvantages of AIS purchasing
Slow Software Implementation
Expensive to Purchase (and Maintain)
Slow Data Migration
Complex to use (has many features)
steps to purchasing an existing system
Determine your business needs
Select suitable vendors (from referrals, trade shows, websites, etc.)
Send out a request for proposal (RFP) that meets your needs
Evaluate the returned proposals
- Top vendors are invited to give demonstrations on how their system will fit your needs
Make a final selection based upon your criteria
Implement the chosen solution.
AIS selection criteria to consider
- functionality and ease of use
- vendor viability
- technology
- cost
- support and training
- industry expertise
- implementations
advantages of outsourcing software
Allows companies to concentrate on core competencies
Asset utilization
Access to greater expertise and better technology
Lower costs by standardizing user applications and splitting development and maintenance costs between projects
Less development time
Elimination of peaks-and-valleys usage
Facilitates downsizing
disadvantages of outsourcing software
Inflexible
Loss of control
Reduced competitive advantage
Locked-in system
Unfulfilled goals
Poor service
Increased risk
advantages of developing software in-house
Provides a significant competitive
advantage
Can be customized to suit your business.
risks of developing software in-house
Requires significant amounts of time
Complexity of the system
Poor requirements defined
Insufficient planning
Inadequate communication and cooperation
Lack of qualified staff
Poor top management support
Re-inventing the wheel
