Advantages / Disadvantages of an AIS

Long gone are the days were piles and piles of journal were necessary to keep track of the company's operations. Today, most enterprises use electronic AIS such as

Sage MAS 500.

The benefits are proven and almost endless:

- The systems are consistent and free of human errors in tabulations.

- Report could be prepared with the click of a mouse and forwarded to relevant parties

- Vendor-related tasks are simplified and accelerated

- Web-base reporting enhances accessibility

Unfortunately, nothing is perfect even in today's modern world and even Accounting Information Systems have they're disadvantages

-Reliability remains a worrying issue - if one is completely reliant on a software or an exploitation system, a computer crash could have tremendous adverse effects.

-Security issues are always a concern when using softwares with web based applications

For a complete review of Sage MAS 500 visit http://www.180systems.com/mas500.php

Sources

http://wiki.answers.com/Q/What_are_the_advantages_and_disadvantages_of_MIS

http://www.fao.org/docrep/w5830E/w5830e0k.htm

Sage MAS 500

To all want to move on from the good o'l paper and pencil accounting!

There is a fantanstic software out there called Sage MAS 500! It operates on numerous Microsoft platforms, including Microsoft SQL server, and .NET Visual Basic. It is part of a reputable series of informations system softwares of the The Sage Group. Sage has been around since the eighties and specialized in small and medium sized business. Their priorities are accounting and customer relationship management softwares. They also have a number of material requirement planning softwares for manufacturing companies. They employ over 14 thousand people worldwide and have offices right here in Canada. These price listing were pulled off http://www.2020software.com

Prices for Sage MAS 500 starts at $16,000 for the Small Business Edition, 5 user license and General Ledger (GL), Accounts Payable (AP) and Accounts Receivable (AR) modules and runs up to $45,000 for the Standard Edition, 20 user license that includes General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Inventory Management (IM), Sales Order (SO) and Purchase Order (PO) modules.

If you want more info you could check out their website at www.sage.com

Sources -www.sage.com

-http://www.2020software.com/products/Sage_MAS_500.asp

AIS as defined by Wiki

"...Accounting Information Systems (AISs) combine the study and practice of accounting with the design, implementation, and monitoring of information systems. Such systems use modern information technology resources together with traditional accounting controls and methods to provide users the financial information necessary to manage their organizations.