Kudler Accounting System Paper Essay
Kudler Accounting System BSA 310 05/20/2012 Kudler Accounting System To the Executives of Kudler Fine Foods, Today, I introduce to you an idea that will help revolutionize the accounting process at Kudler Fine Foods - Kudler Accounting System Paper Essay introduction. Upon its implementation, Kudler Fine foods will be able to easily manage its portfolio of accounts and analyze all of its data, all at a moment’s notice. The ability to access reports, on a annually, bi-annually, quarterly, or any time therein, is completely up to the individual. The financial benefits will be instantaneous to the company.
One of the key benefits Kudler Fine Foods will gain will be the ability to handle all the raw data that you did not have command of before. This new system not only allows you to improve your financial strategies, but you can also increase your management potential by forecasting future investments. By prompting these new strategies, you are able to access areas of information not easily accessible before, like cash flow and asset management, just to name a few. How can we achieve this level of satisfaction in one software product?
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Let’s take a look at some of the key features that are built in to the accounting software package. Key Features •Software Compatible – The software is fully integrated with the most popular of software technologies. It will work with the Microsoft Office Suite of applications seamlessly. This will allow Kudler Fine Foods to be able to integrate reports into documents, spreadsheets, or emails without any technical issues. •Cross-Department Integration – The software is not sterilized to accounting only, but is distributed to all departments.
This means the accounting software tracks the inventory and purchasing departments, as well as, the general accounting department. •Business Intelligence – Kudler Fine Foods has access to endless amounts of raw data. This data can be turned into charts and graphs, at a moment’s notice. Access the general ledgers information, create a business presentation, and create the best critical decision possible. •More Budgetary Control – With built-in tools, like general ledgers, cash management, fixed asset management, and financial forecasting, you are in control of your financial corporate assets.
Knowing where your company is heading, financially, allows executive managers to take directive control and direct the company in a manner that they were not able to before. This is but a mere sample of what you can expect from this extraordinary software. No matter how much Kudler Fine Foods grows in the coming years, this software will grow with the company. It allows for a high amount of scalability, which means as the company grows and expands, so does the software’s abilities. Another excellent advantage of the software would be the integration of all the departments within Kudler Fine Foods.
The ability to seamlessly swap data between departments, at a moment’s notice, ensures that the communication lines will always be open between departments. The beauty of this product is that within the first six months of ownership, it will have paid for itself. In the first three months, you will be able to view reports that you would not have ever been able to access. You will be able to access reports, customizable to your own specifications. If you have concerns with supporting the software, a minimal IT department can support the software, as well as, the accounting software developers will be there 24/7.
It does not take an extraordinary amount of extra care to support the software, internally. If you already have an IT staff, they can be trained to support the software. I believe that with all the advances this accounting software has, Kudler Fine Foods will be tough competitor to beat. With the insight that this accounting package gives, the scalability potential the software offers, and the potential to make Kudler Fine Foods a global market leader, utilizing this software package should be priority one.
If you have any questions, or concerns, please feel free to contact my office. References Bourgoin, A. (2010, April). 7 Things to Consider Before Buying Small Business Accounting Software. Retrieved from http://www. smallbizskills. com/small-business-tips/7-things-to-consider-before-buying-small-business-accounting-software/ Business-Software. com. (2012). 6 Factors to Consider When Buying Accounting Software. Retrieved from http://www. business-software. com/article/6-factors-to-consider-when-buying-accounting-software/ Journal Officiel. (2012, March). What do you consider