Purchase Solution

Business Objectives and Critical Success Factors

Not what you're looking for?

Ask Custom Question

Please structure the following document just as the purchasing document below.

Business Objectives/Critical Success Factors

Please structure the following document just as the purchasing document below. See the attached file.

General Ledge
a) Training Discussion
Fixed Asset
a) Training Discussion
Accounts Payable
a) Discussion Training
Accounts Receivable
a) Training Discussion
Budgeting
a) Training Discussion

Training Discussion Purchasing Examples
DSNS site staff need to be trained to manually enter transactions only to make corrections or in emergencies. The electronic protocols should handle the interface otherwise.
Options 1 - 3 affect the IT staff, but not the business users.
Option 4 has major training impact at the 3PLs.

Attachments
Purchase this Solution
Solution Summary

The business objectives and critical success factors are determined.

Solution Preview

See attached file for solution.

General Ledger
Business Objectives/Critical Success Factors
To provide effective data integration with Unified Financial management System (UFMS) and other sub-ledgers to improve financial planning
SRP General Ledger Process
• Detailed analysis of current and future needs of organization
• Align business goals with general ledger
• Automate journal import from 3rd party logistics
• Real time transfer of accounting related information as soon as transaction gets recorded
• Posting, reporting and consolidation done in parallel to accelerate reporting
• Include mandatory checks at journal level
• Implement system security and create users with relevant responsibilities
Measurable Outcome
The primary measurable outcome is matching journals at set of books level. With integration of UFMS and general ledger, reporting would reflect entire business process rather than specific sub-ledger processes
Best Practices
Integrate with all current and future vendors to share information electronically
Maintain complete record of transactions in SRP and transactions through 3PL
Recommendation
Recommendation includes integration of connecting systems sharing data and transactions with SRP. This recommendation set eliminates the double entry of transactions into SRP. The 3PL systems would feed in the transactions. Full implementation of MSC requires setting up a transaction server, and that server(s) would be the integration point for the 3PLs.
Maintain common charts of account for future requirements. Along with UFMS system internal government financial reporting extended reporting should be done. This would ensure better quality adherence and increase the trust of customers.
Everyone using the system should be created as user and user management should be performed by system administrator
Design
The CDC SRP General Ledger would be designed around chart of accounts, account structure and integration with 3rd party feeder systems. It would entail use of process integration pack which is a prebuilt set of process flows, application integration logic and extensible business objects and services required to manage the state and execution of a defined set of activities or tasks between Oracle application and given process.
Training Discussion
The staff should be trained on reconciliation of general ledger with other modules and also with 3PL. They should be ...

Purchase this Solution
Free BrainMass Quizzes
Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Basics of corporate finance

These questions will test you on your knowledge of finance.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

View More Free Quizzes
Related BrainMass Solutions

  • Critical Success Factor

    When setting standards, raising standards often raises results (and the reverse is also true). Critical Success Factors View Template for: Critical Success Factors This section is about critical success factors.

  • Critical Success Factors (CSFs) and SWOT (Strengths, Weaknesses, Opportunities, and Threats)

    491188 Critical Success Factors and SWOT Contrast the critical success factors (CSFs) and SWOT (i.e., strengths, weaknesses, opportunities, and threats) approaches for assessing opportunities as part of a strategic IS planning process.

  • Key planning factors for competitive success

    (Alagse, 2009) Key planning factors will include setting objectives and the action plan to achieve them.

  • Critical success factors of any plan

    303224 Success of any plan What factors are critical to the success of any plan? Share some examples of why you chose these factors. What factors are critical to the success of any plan? Share some examples of why you chose these factors.

  • Five Key Marketing Success Factors

    to satisfy target customers and still meet the objectives of the business. The fifth success factor is marketing research.

  • Accomplishment of objectives by successful managers

    What risks or challenges might a manager encounter if they have not mastered these objectives? Explain. The accomplishment of these multiple objectives is critical for achieving success in management.

  • Successful Implementation of a Plan

    Critical Success Factors: Critical Success Factors are strongly related to the mission and strategic goals of your business or project.

  • Watercooler Business Process Management

    It also enables operational departments participate in the design of the system, improve the attitudes throughout the organization, and is user friendly. The article mentions some critical success factors of Business Process Management.

  • STRATEGIC MANAGEMENT PROJECT

    Include in this discussion the organizational structure and the leadership and culture. Critical Success Factors: Describe the critical success factors.

View More Related Solutions