1 | P a g e HI5019 SIS GROUP ASSIGNMENT T2 2018 HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION HI5019 STRATEGIC INFORMATION SYSTEMS T2 2018 Group Assignment (Business Report) WEIGHT 20% (Week 10, 5pm...

Information System
Information System
Information System
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Executive Summary
This report includes research on information systems, and this report discusses proposals for new information systems. The report also highlights the company's key success factors and the main objectives and types of information that help to assess these goals. Based on the formal organizational chart of the information and cu
ent system, and identify specific control deficiencies that must be addressed through the new improved system. The report also highlights the relevance of advanced technologies such as MRP, MRPII and EDI as information system options.
Contents
Introduction    3
Company’s critical success factors and primary objectives    3
Information might be helpful in evaluating these objectives    4
Mission statement    4
Develop a formal organizational chart based on the information given.    4
Analyse the cu
ent system and identify specific control weaknesses    4
Primary features of this new system    5
Relevance of such advanced technologies as MRP, MRPII, and EDI as information system options    6
5. The proposal should also contain the following items:    7
A description of the technology platform for the system    7
A list of financial and nonfinancial data attributes for each entity in the ER diagram.    9
Four user views, which can be source documents or management reports. At least one view should support the needs of a non-accounting user.    9
Appropriate accounting controls for the new system    10
Conclusion    11
References    13
Introduction
In the field of IS, the paradigm has undergone an exciting transformation. It means that new information system is emerging and new ways of developing it. The excellent news is this industry analysts might be critical than the innovative paradigm in the past. The transformation paradigm is subtle however significant change from the one manner of thinking to the other. This is the revolution, transformation, a metamorphosis. It not only works, but it is also a powerful driving force for change.
Company’s critical success factors and primary objectives
HSBC Bank is not only the oldest bank in Australia, but the third leading bank in the world. The bank began operations as domestic bank in 1920 and began its worldwide service in a 1935. The bank retains the
and's image for nearly a century moreover is still considering the most famous HSBC Bank in Australia and the world. This report will focus on IS that the organization uses to conduct as well as record its accounting and financial transactions under international, domestic, freight moreover other basic company services under its own product name. The bank HSBC Bank perform a variety of operations as well as needs to make sure that they can operate with the maximum accuracy moreover minimal e
or. Given that structure is primarily delay in decision-making processes (Bahssas, 2018), HSBC Bank may encounter various operational issues. Bank markets are very active and senior management are responsible for making strategic decisions. If market offers opportunities to adjust to latest technologies as well as delay decision-making processes, it will lead HSBC Bank to take advantage of these opportunities. Complex structures can leads to improper communications between the managers and employees at the national level, which can leads to delay in the service delivery or else service failure. Such as, if booking teams are not capable to find that the aircraft is full as well as has move the seat, then the customer is likely to be suspicious because of service failure, as it will be not unable to fly because of poor booking team distortions.
Information might be helpful in evaluating these objectives
ERP system are most appropriate system for HSBC Bank HSBC Bank as it helps HSBC Bank to maintain the better data base management as well as storage system than several commercial software. This will also help in coordinating customer service, raw materials, and maintenance services moreover production quality needs for every operation as well as other associated segments.
Mission statement
Support HSBC Bank, analyze customer behavior or preferences patterns, as well as develop better products or services base on their expectations or requirements.
Develop a formal organizational chart based on the information given.
To know HSBC Bank' organizational chart, you require to knowing our industry operations products as well as their subsidiaries, which work with the HSBC Bank Bank. The HSBC Bank provided passenger or worldwide passenger service to clients around the globe. They are the part of fleet service that transports goods and messengers from the one place to other place. They provide fast ground service for themselves and other small or regional bank service that couldn’t be handled (Babu and Bezawada, 2012). Organizational structures of HSBC Bank are complex or fragmented. Decision-making bodies are assigned to relevant managers as well as senior manager of their respective subsidiary to make sure a quick decision-making processes. The topmost management is also responsible for bank decisions and strategic decisions; nevertheless, the managers can make decisions based on situation. They separately oversee the functional organization structure of each subsidiary to maintain clear or transparent responsibilities and decentralization.
Analyse the cu
ent system and identify specific control weaknesses
The process of HSBC Bank Airways system will begin with product development and target audiences. In case of HSBC Bank passenger, target audience is a passenger who is willing to utilize bank service to take off from one place to other. In this case, sale process will first ask the client for the prefe
ed destination service and related ancillary service and service cost. The Sale Director will also provide customers with the information as well as a playground to convince them to utilize services that offer discounts and attractive offers. The customer then purchased the service for the particular flight at convenient time period and destination as well as booked the aircraft (Fatimah and Trisminingsih, 2017). Customers can choose to book a prefe
ed ticket via Internet or an bank's third-party partners to provide consumer service. Process of selling fleet and freight will be totally different from present passenger’s flow chart and sale process.
There are different issues with control systems that HSBC Bank might encounters in the passenger air service. Sales customers can provide customers with false promises, including free service that can damage the bank's image. If it’s not secure as well as the account details are leaked and attacked by a professional hacker, the automated online payment system may commit fraud. Third-party vendors may be tempted to exploit the second type of fraud to increase sales. They may charge travelers who need passengers more than they need, and HSBC Bank doesn’t know the extra fees (Goel, Kiran and Garg, 2012). Checkout at checkout counter can steal prize collect on the day or make a false impression to prevent it from a being caught. The information of Bank is significant as it contains detailed information about the passenger and its payment method as well as account details, which may be stolen and reused by cashier to pay other person without customer information.
Primary features of this new system
When organization has many business activities moreover another operational activities are connected with it, the organizations must prefer ERP software, which simplifies all company operations as well as provides punctual data to every relevant departments. And ignore any types of loss and inefficiency. ERP systems will also support the probability of decreasing the e
or as information is also disseminated to various departments at same time with the minimal defect. ERP or ERP is a set of software applications that manage significant business procedures like sales, purchasing, accounting, human resources, clients relationship management, listings and customer support. This is a unified system, just not software develop for the business processes. The ERP software utilizes a centralized data base to help store, and simply manage as well as interpret information from multiple company units. Similarly, the ERP backups are used to...