Suppose you are a consultant assisting the HANA Company in the implementation of its AIS and are focusing on financial analyses and reports that are used internally and also distributed to other firms that operate partnerships with HANA.

The accounting staff prepares reports based on queries of the data, which takes time each month to adjust, filter, format, and produce the report. By the time this process is complete, which takes several weeks, the data is not current. HANA is now considering the possibility of developing functionality to automatically generate the financial analyses and reports to reduce or eliminate manual processes and manipulation of data.

Determine the requirements and recommend a solution to achieve the desired results that include timeliness and completeness of the information, describe what controls need to be in place, and choose the best platform.

Answer rating: 100% (QA)

The implementation of the new AIS system at HANA Company just like in any other business setting comes with a range of challenges It is important to note that different business processes systems and ... View the full answer