Friday, December 6, 2019
Integrated Logistics Information System on Cloud Computing
Question: Discuss about the Integrated Logistics Information System on Cloud Computing. Answer: Introduction AIS is applied to several IT accompanying accounting tasks as well as standards and as a business advisor of accounting company, I suggest that by investing in a cloud-based accounting system, a firm can easily save start-up as well as maintenance costs, hence, there is no need of over-stretched frameworks which are out of budgets. This study includes the major difference between traditional and cloud-based accounting information system and limitations of cloud-based AIS is also discussed in this study. Difference between Traditional and Cloud AIS Cloud-based Accounting System Traditional Accounting System The most dazzling difference between the traditional and cloud-based accounting system is the speed to complete all the operations of the firm. With the cloud-based AIS program, the information is entered for a single time and it is spared. No more waiting for days and weeks to recognize whether the firm is taking profit from it or not (An, Lee, 2015). Cloud-based program provides reports to management of a firm in a short-time period, which is not possible with traditional accounting system. It takes more time to make reports regarding important data of the firm. In cloud-based AIS, the accuracy of calculations increase drastically. In Cloud, accounting spreadsheets straight-forward equations might still be required, however, it is a less demanding and more precise process. The effectiveness experiences the rooftop when a cloud-based framework is utilized. On the other hand, in traditional accounting system, manual system is used in which several columns are manually added -up. If any errors occur in a traditional accounting system, a huge amount of time is spent to find out the errors and to correct them (Carnegie, Napier, 2011). Many firms are adopting cloud-based AIS system, as it is simpler to use, as well as it is easy to find experienced workers to run such framework and is not at all a big issue for the firm (Cai, 2014). In case of traditional AIS which includes pencil and paper is the cheapest system, but is more time consuming and it is nowadays not easy for the firms to find out workers who can run such traditional AIS. Accounting on cloud-based AIS provides the option of saving the entire original work on CDs, external hard disks, portable devices, flash drive, as well as online. Firms can make a backup of data every time as a safeguard. If something occurs, data regarding any work can easily be restored from these backups. When utilizing traditional or manual AIS, the danger of losing information is real. If any essential papers have been destroyed and damaged, then the entire work might have to be done again. The copies of that work might be made, merely that will be more time-consuming and expensive (Gray, 2011). Cloud-based AIS have the abilitytoeasilyaccess the data at any timeand from any place. In Cloud AIS, an enterprise only needs a system with a proper internet connection and suitable cloud-client interface. The dataor informationis not only limited to a single system or a single network. While on the other hand, in traditional AIS, the user accessthe information ordata only on a system where such data isstoredor recorded. If the userwantsto access anydata fromanother system, then there is a needto savesuch datain some external storage device. Limitations of adopting cloud-based Accounting Information System Privacy of Data: The major limitation of cloud-based accounting information system is that the firm is sharing its vital data or information with some third party. These third-party members can use the firms information for their personal business advantages, because the storage of entire data is completely controlled or managed by the third-party suppliers. The data might be stored or moved through several countries, therefore, government and unauthorized users can also audit firms delicate data whenever they want (Du, Cong, 2015). Limitations in many applications: The Cloud-based AIS might not assist all types of applications of the firm, because it only provides what it has. A few of the firms needs might not be accessible in the cloud accounting or cloud-based models (Li, Wang, Chen, 2011). Back-up of data: Many cloud-based accounting information system or software never gives firms the readiness to have the back-up of data on the computer system. When firm changes the system or software, it might misplace the data it already added in the past cloud AIS and the firm will continuously have to pay to third-parties to use new software or system. Vulnerability to assaults: In cloud-based accounting information system, every factor is potentially approachable from the web. Obviously, anything that is associated with the web is not properly safe and best teams also endure intense assaults and safety breaches (He, 2014). The Type and size of businesses that can take benefit from Cloud AIS The organizations of all shapes or sizes as well as sorts can utilize cloud-based AIS to accomplish critical cost savings. Indeed, small on-premises Information Technology set-ups need critical up-front expenses and purchasing of servers, computer systems, and software. The organizations which need tight control on accounting information and don't want its data to be accessed by others can use cloud-based AIS. Several small start-ups and IT set-ups with limited spending plans which have complete trust in new technologies are choosing these cloud-based accounting services. As a cloud-based accounting system can provide security and value to their data. AIS helps employees of health and hospitality organizations to accomplish their jobs fruitfully by decreasing the obstruction between the commercial enterprise units of diverse firms. AIS solutions provide them with a continuous view of the delicate data to address the problems proactively. Through recent surveys on cloud computing, it is found that almost every commercial enterprise irrespective of its size enhances its financial consistencies by using AIS as well as diminishes all kinds of sensitive information related threats to the organization. By automating the basic functions of governmental organizations, AIS software provides them basic assistance. Cloud-based Accounting Information System enhances the consumer-based services of governmental organizations by offering the billing facilities along with relationship tracking. Conclusion This study concludes that the cloud computing has become highly important for several organizations, whether it is an IT industry or any other commercial organization. The potential advantages of cloud accounting system are more which have several positive impact on organizations economy. It has also been concluded that apart from its various benefits, cloud computing has some major limitations which can lead to the loss of the organizations reputation and few economic losses can also occur. References An, M., Lee, H. (2015). Design of the Integrated Logistics Information System Based on Cloud Computing.Lecture Notes On Software Engineering,3(1), 31-34. Cai, G. (2014). Research on Impact of Medical People Based on Cloud SECI Accounting Theory.Advanced Materials Research,971-973, 2368-2371. Carnegie, G., Napier, C. (2011). Traditional accountants and business professionals: Portraying the accounting profession after Enron.Accounting, Organizations And Society,35(3), 360-376. Christauskas, C., Miseviciene, R. (2012). CloudComputing Based Accounting for Small to Medium Sized Business.Engineering Economics,23(1). Du, H., Cong, Y. (2015). Going Cloud for Agility: Beyond Financial, System, and Control Motives.Journal Of Emerging Technologies In Accounting,12(1), 153-167. Gray, D. (2011). Forensic Accounting And Auditing: Compared And Contrasted To Traditional Accounting And Auditing.American Journal Of Business Education (AJBE),1(2), 115. He, F. (2014). Applied-Information System in Accounting Data Security via Cloud Computing Systems.Advanced Materials Research,1022, 253-256. Li, X., Wang, Y., Chen, X. (2011). Cold chain logistics system based on cloud computing.Concurrency And Computation: Practice And Experience,24(17),
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