Cost & Benifit To Produce Information

1.0INTRODUCTION The Value of information is the amount a purpose manufacturer would be move outing to pay for information earlier to devising a determination. Information is the lifeblood of any brass shaft because its bust meaningful for a decision maker. consequently organization should intimidate their data safely to ensure the weighty information for the organization not goes to the wrong person. Damage or lost data can cause disruption in normal cable activities such as financial losses, right suit and excessively may loss of trustworthy. To produce information, it does contract comprise and benefits and decision maker strike to analysis some(prenominal) factor out front make any decision. In the attach to Leo Group, for the accomplish 10 years until today, company use the manual(a) weighing using a MS Excel to prepare a payroll for the all staff. immediately the company was evolved and the total work force increase. In tell apart to upgrade t he company payroll arrangement and make it more efficient, the top management decide to obtain a payroll software system call X-payroll-HR to replace the real manual payroll system that take a divide of term to prepare a payroll summary. Before the lowest decision make, the Finance Manager and Human Resource motorcoach have to analysis the terms incurred and the benefit that company provide sterilise from that software. 2.

0COST INCURRED To leveraging this X-Payroll-HR software, company acquire to ascertain all the cost that might be incurred and the of import cost involve is: a) software package b)Hardware c)Consumables d)Personal a) Software The cost in volve under the software is : i)initial p! urchase price of the X-Payroll-HR software. To implement the new payroll software system, the main cost is the purchase price of that software. This software is costly and will cost up to RM100,000. ii)Licences When company buy the software, they moldiness buy together a licence to use it. The freedom need to be renewal annually and this will be bad cost to company. If company grows in size, the licences...If you want to get a full essay, order it on our website: OrderEssay.net

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