(SO 5) CEEMCO Corp. is a small, privately owned manufacturing company in Cincinn

Question

(SO 5) CEEMCO Corp. is a small, privately owned manufacturing company in Cincinnati. CEEMCO manufactures custom products as well as store display products to sell to other companies such as retailers. Using an Internet search engine, do a search on the terms “CEEMCO” and “Cincinnati.” Examine the kind of manufacturing the company does. Once you have completed that, study an accounting software site such as www.2020software. com or www.accountingsoftware411.com. Complete the following: a. Describe the process CEEMCO should undertake to determine which accounting software might be the best fit for the company. b. Although you do not know much about the company, develop a list of requirements you believe that any accounting software should have in order for CEEMCO to consider the software as a viable alternative. c. Choose an accounting software from your Web search, and describe why you believe it is a good match for CEEMCO.

Explanation / Answer

Solution:-

a. Describe the process CEEMCO should undertake to determine which accounting software might be the best fit for the company:-

For a small company, CEEMCO is not likely to have an IT staff that could assist with an SDLC process to develop specifications for any software systems needed. The more likely approach would be to hire a consulting firm to help select and install an accounting software system.

b. Although you do not know much about the company, develop a list of requirements you believe that any accounting software should have in order for CEEMCO to consider the software as a viable alternative:-

Since it produces many different categories of products (store displays, metal fabrication, plastic parts fabrication, medical case carts, HVAC products such as radiators, and retail products such as window ornaments), the company is very likely to have an extensive array of raw material inventories and the need to track many different types of work-in-process. Therefore, the most critical need may be for manufacturing and inventory tracking modules. The software would also need basic accounting modules such as accounts receivable, accounts payable, and general ledger. It is not possible to determine whether CEEMCO does its own payroll or whether it outsources payroll. If payroll is handled in-house, CEEMCO would need a payroll module. In addition, since the company sells the window-ornament products online, there would be a need for an e-commerce module. There is no mention of locations other than two in Cincinnati. Therefore, there is not likely to be any need for a system that handles international currencies.

c. Choose an accounting software from your Web search, and describe why you believe it is a good match for CEEMCO:-

There is no single correct answer to this question, but there are some answers that would be incorrect. For example, Quickbooks would not have the power necessary for this business. Also, enterprise level systems such as SAP or Oracle would be too expensive for a small company such as CEEMCO. Products such as MAS 200, MAS 500, Dynamics GP, or ACCPAC would be more appropriate.

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