Maf 680 Report

3
5. Prepare a SWOT analysis report for ATLAM as the assessment of a business in-house strengths and weaknesses and its surroundings opportunities and threats. STRENGTHS 1) ATLAM is PETRA subsidiary. Currently PETRA are using SAP system for their accounting entries. ATLAM has to link its system to PETRA’S to match with the group reporting structure. Whatever it is ATLAM need to follow PETRA accounting system. 2) Since ATLAM have the working capital saving more than its coast they should change the new accounting system to SAP because it can covered all the costs are incurred. 3) Cost centres could be maintained separately allowing for complex segmental reporting such as variance analysis. 4) SAP put ATLAM in strong position to leverage future technological improvements and it process innovations 5) Sap for better integrate ATLAM operation data and access the data quicker. That is for the sake of decision making 6) Implementing SAP will allow ATLAM to save more on in term of increasing effectiveness and efficacy of accounts and report preparation WEAKNESSES 1) Cost to implement SAP system in more expensive ( installation, cost of training, need to buy new pc 2) SAP system, there is extreme factors will faced such as low of fund, lack of expertise, and short of facilities. 3) ATLAM had a poor IT infrastructure compared to Europe and Japan. This is because ATLAM was relied on a customized single-user system which was solely for accounting

Transcript of Maf 680 Report

5. Prepare a SWOT analysis report for ATLAM as the assessment of a business in-house strengths and weaknesses and its surroundings opportunities and threats.STRENGTHS

1) ATLAM is PETRA subsidiary. Currently PETRA are using SAP system for their accounting entries. ATLAM has to link its system to PETRAS to match with the group reporting structure. Whatever it is ATLAM need to follow PETRA accounting system.2) Since ATLAM have the working capital saving more than its coast they should change the new accounting system to SAP because it can covered all the costs are incurred.

3) Cost centres could be maintained separately allowing for complex segmental reporting such as variance analysis.

4) SAP put ATLAM in strong position to leverage future technological improvements and it process innovations

5) Sap for better integrate ATLAM operation data and access the data quicker. That is for the sake of decision making

6) Implementing SAP will allow ATLAM to save more on in term of increasing effectiveness and efficacy of accounts and report preparationWEAKNESSES

1) Cost to implement SAP system in more expensive ( installation, cost of training, need to buy new pc

2) SAP system, there is extreme factors will faced such as low of fund, lack of expertise, and short of facilities.3) ATLAM had a poor IT infrastructure compared to Europe and Japan. This is because ATLAM was relied on a customized single-user system which was solely for accounting entries, and it is not functioned to generate financial reports.4) They are not enough Personal Computers in the departments to make this practical to them. Then they do not even have the space available to house the system, some of the employee inATLAM have never used a Personal Computer before and lack of the knowledge about information technology.OPPORTUNITY

1) Even though its takes a number of months but by using SAP it can increase effectiveness and efficiency of accounts and report preparation.2) SAP reduce lack of integration. 3) Improve financial management and corporate governance.4) SAP can provide benefit for ATLAM such improvement of employee morale, broader societal implication, promote of ATLAM learning and understanding and more timely information. Threaten

1) Atlam staff not ready regarding the changes of work process, culture and habit.2) Problem in dealing with centralized data in the massive volumes of data are likely to lead to traffic jams with the thousands user of system at the same time. 3) ATLAMs employees are fear of loss of the power to control the system operating and their old job also will be separately divided to each others. They are worried that may change their role and responsibilities.4) SAP system, it is large project for ATLAM. As the large the project is, there will be a high risk on the project. The project will have an impact for ATLAM when implementing it. As the project is large and left limited time which is around 7 weeks for the project team member to manage it, it will have high stress on it.