Get Full Essay Get access to this section to get all help you need with your essay and educational issues. Get Access Riordan Manufacturing: This system is an integral part of the finance and accounting application. Riordan employs over people and has offices located in California, Michigan, Georgia, and China.
Not one of the three offices or corporate use the same system, which makes data collection, verification, and reporting difficult at best. They need to have a uniform business system throughout all the facilities, as well as procedures implemented in order to attain this goal of seamless data collection they are hoping to achieve.
The customer will need to upgrade all their hardware in addition to their current software packages. General Ledger The customer currently is using several financial packages at each of its three facilities. The San Jose facility, the corporate office, is currently running a financial management software application that was specifically designed for their type of manufacturing company.
This was designed by ERP and the current license agreement does not provide the application source code. The Michigan office is currently utilizing a proprietary vendor developed software package.
They are utilizing a VMS operating system and the source code is programmed in C. The vendor for their software is no longer in business, which means any upgrades to the system would have to be done by the Michigan office instead Sorry, but full essay samples are available only for registered users Choose a Membership Plan of the vendor, which is normally ill advised.
The Georgia plant is also using a proprietary vendor developed software package. They also have access to the source code of their current software. Hangzhou, their joint venture plant in China, has currently not identified their software package and procedures, although they seem to have the most up to date hardware in the company.
The current financial packages throughout the organization are not seamless. There is currently no interfacing of financial data from their other software packages. The interface of data to the corporate office is in various file formats. This takes time from the corporate office as they have to use different programs to pull the data that they want.
Corporate currently receives data files text filesand hard copy files that need to be manually entered into the system. This proves to be a very tedious, labor intensive process and leaves the staff too much room for potential errors.
By the time they receive the random files from their corresponding offices and either manually enters in the data or converts and merges in the files, too much time has passed and too much money has been lost.
Currently, month end close for the general ledger financial systems for the organization takes subsequently up to twenty days after the month end. This is unacceptable and does not maintain compliance with the government mandated financial reporting. The current financial reports that the customer uses are the typical accounting reports.
The customer at the very least would need a balance sheet, income statement, budget reports, profit and loss statements and forecasting.
This would make one system to track all areas of the financial part of the business.
This would make yearly budgeting easier for each of the department heads and managers, by enabling them to see on screen or on worksheet reports the amount of monies budgeted and monies actually spent in each of their budget line items for previous years and accounting periods. The budgeting system should also have the capability to track the different phases of the budgeting process from the initial phase of budget creation based on prior years budgets to the final phase of budget adoption based on the board approved budgets.
The budgeting module would link directly to the accounts payables and accounts receivables systems. By having the link between the systems, this would notify the accounts payable clerk or accounts receivable clerk if they have exceeded a budget for an expense account.
This would enable the users to revise the budget immediately, rather than having the budget go into deficit for a financial period.
The accounts payable system would include vendor master records.Riordan can greatly benefit from this application as it will include Running head: Riordan Inventory Management System Proposal FlexNet main functions of operation.
It will include production, Warehouse, Quality, Maintenance and Time and Labor. System Proposal for Riordan Manufacturing, Inc. Introduction In reviewing the current and historical sales and marketing information for Riordan Manufacturing, Inc., it became clear that there is a need for a new streamlined system to .
Riordan Manufacturing has achieved outstanding results with aging and non-integrated systems. Team D has structured a proposal to collaborate the business and manufacturing expertise of Riordan Manufacturing with Team D technical solutions to allow Riordan to lead the industry in custom plastic molding manufacturing well into the .
Riordan Information Systems Proposal California. They have three manufacturing plants in Pontiac, Michigan, Albany, Georgia and Hangzhou, China. They are a vibrant company with a long history of problem solving.
One of their corporate challenges is training expenses, either for new employees or for new systems and new products. Acquirement of systems For acquiring the new systems for Riordan Manufacturing, all systems will be purchased through srmvision.com, who are an online, all information systems seller.
The first part of the purchase will be the IBM BladeCenter HS23 Xeon E ghz. blade server. System Proposal for Riordan Manufacturing, Inc. Introduction In reviewing the current and historical sales and marketing information for Riordan Manufacturing, Inc., it became clear that there is a need for a new streamlined system to track the past and present workings of the company.