introduction
1ST BUSINESS COMPUTER (U.S.) :-
UNIVAC1
invented by John Mauchly and J. Eckert.
1ST BUSINESS COMPUTER (U.K) :
LEO (Leon electronic office computer)
4 major business application for computers in 1960’s & 1970’s. The The The The
computer computer computer computer
as a clerk:as an information system:with first drafting technology:as a controller:-
WHAT BEFORE COMPUTERS?
Burroughs accounting machine: Punched card equipment: Systron donner analog computers
COMPUTER IN BUSINESS:BENEFITS OF COMPUTER APPLICATION:-
Improvement in white collar productivity:-
Cost reduction:-
USE OF COMPUTERS IN BUSINESS APPLICATIONS:
CATEGORIES OF APPLICATION:-
Operating
systems:-
Office
applications:-
Professional
software:-
Business
communication and outreach:-
payroll Introduction Computerized payroll system
Accurate
and timely system Inputs to budgetary control and accounting system
Description Two types of data
Fixed data Variable data
Systems two types of outputs Individual organisational
•
Advantages Faster and efficient Automatic generation of statement User friendly software Saves time No manual posting in ledger account Generation of useful reports
Computers in office automation system Invention of technology in 1960’s Office automation Activities done through office automation
Exchange,
management and handling
LAN
3 streams of development became evident
FIRST was computing Automated
SECOND was technological development (text processing) IBM
payroll and inventory control system
punch card type memory card
THIRD was communication technology Internet
Impact of Office Automation.
Computer in planning and controlling
Inventory management. Business
organization ensure least blocking of working capital in inventory. Excessive control have negative impact in terms of stock out, delay in customer order etc. Therefore titled as inventory management not inventory control
Functioning of inventory management by computer
Distinct activities Maintenance
of bill of material. Information acquiring. Material requirement planning.
Automation impact all phases of inventory management. Counting
and monitoring of item. Recording and retrieval of item storage location. Inventory handling requirement.
Decision support system A DSS can be described as a computer based interactive human that: § Supports decision makers rather than replaces them. § § Utilize data and models. § § Solves problems with varying degrees of structure. § § Focus on effectiveness rather than efficiency in decision processes.
A DSS provide 3 distinct elements
A DSS is made up of three sub -system
Different type of decision support system
Communication driven DSS.
Document driven DSS.
Model driven DSS.
COMPUTER NETWORKING IN BUSINESS
Information and communication.
Networks can : A computer network can be two computers connected.
Peer to Peer networking.
Client server networking.
Advantages of networking
File sharing.
Resource Sharing.
Increased Storage Capacity.
Increased Cost Efficiency.
Disadvantages of Networking
Security Issues. A computer hacker can get unauthorized access by using different tools.
Rapid Spread of Computer Viruses. Viruses get spread on a network easily because of the interconnectivity of workstations.
USE OF COMPUTERS IN ACCOUNTING:Ø INTRODUCTION Ø DIFFERENT APPLICATIONS IN ACCOUNTING Ø SPREADSHEETS Ø ACCOUNTS RECEIVABLE Ø ACCOUNTS PAYABLE Ø POINT OF SALE
Ø
ADVANTAGES Speed
with which accounting can be done Easy to do accounting Can receive Balance sheet in minutes
DISADVANTAGES Can
loose data Do not have their own judgment
ENTERPRISE RESOURCE PLANNING
ERP is a application software that integrates information from business activities.
ERP helps in reduction in inventories, cutting down on cycle times by further responding to customers.
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