Riordan Manufacturing – Hardware and Software
Introduction
One of the top priorities at Riordan and many other businesses is guarding against loss, theft, and waste of the company assets. According to Bagranoff, Simkin & Strand protecting these assets means an organization must focus on developing and implementing an internal control system. Further, the internal control system must also be capable of performing other functions like assisting in ensuring data processing is dependable and encouraging operational efficiency within the business (2008, p. 240). This paper will initially identify the hardware and software necessary to integrate the conversion cycle into an automated system at Riordan. Then, the information that needs to be shared between the different cycles and who will need access to this information will be discussed. Next, what controls need to be in place and the types of reports that need to be generated will be examined. Lastly, what information should be available through Internet and corporate intranet will be discussed.
Hardware and Software Necessary
The essential key to the integration of the conversion cycle is an Enterprise Resource Planning (ERP) System. ERP is a way to integrate the data and processes of an organization into a single system. Usually ERP systems will have many components including hardware and software, in order to achieve integration, however, most ERP systems use a unified database to store data for various functions found throughout the organization (techfaq, 2008).
Today's ERP systems can cover a wide range of functions and integrate these functions into one unified database. For instance, functions such as human resources, supply chain management, customer relations management, fi ...