Question

Using the KU library, find an article that discusses the use of accounting software in the managerial decision-making process. Please make sure your sources are noted in APA format.

Answer 1

find an article that discusses the use of accounting software in the managerial decision-making process?

In most companies, the task of capturing data in the form of business transactions, is relegated to a fairly small percentage of the total workforce. In many companies, as few as 15% of the total workforce might have direct access to the company’s accounting system.This leaves 85% of your workforce and perhaps as many as 93% with no direct access to the accounting system, the data it holds, and the information they need.

Accounting systems are, by their very nature, very good at capturing data such as payables transactions, accounts receivable and cash receipts. Every day, these systems are capturing more and more data. But capturing raw data is only a small part of the total needs and requirements for an ERP system. It is the ability to transform that data into information, and to then make that information readily available to the decision makers, that is the true measure.

By converting all of the data in the system into actionable information, made readily available to the entire workforce, and easily accessible through their preferred software productivity suite.

Businesses need solutions that reflect the way people really work—the tasks they perform, the information they use, the tools and formats that make sense for their individual jobs and that help them work more productively. The guiding principles behind Microsoft Dynamics are designed to meet those needs. They are the foundation for a solution that offers a personalized user experience, deep interoperability with the applications people use every day, and deployment options that fit customers’ specific organizational needs.

Microsoft Dynamics and the Microsoft Office system work together to help people optimize productivity, access and analyze information, and collaborate and connect secure­ly across the entire organization—regardless of whether they’re working in Microsoft Dynamics or other applications. Microsoft Dynamics combines robust business management capabilities with products and technologies that include:

Microsoft Office system productivity, analysis, and communications applications, including Office Excel, Office Word, Office Outlook, and Office PowerPoint.Microsoft Office SharePoint Server offering powerful collaboration, workflow, and document management that reaches across internal teams, departments, and beyond to customers, suppliers, and partners.

Additional Microsoft Office system products and technologies, including Office Visio, Office InfoPath, Microsoft MapPoint, and more.With Microsoft Dynamics people can review, edit, and manipulate data using Office Excel, one of the world’s most familiar spreadsheet applications. By taking advantage of Office Excel for data analysis, people working within Microsoft Dynamics can quickly provide information to decision makers and stakeholders .