InfoBest Information System - Essay Example

In addition, InfoBest has a fixed asset management function, budget management function, and related business functions required for financial reporting. It is the first information system to incorporate all these functions into one system thereby offering a wholesome solution to all your operational needs. It combines the functions of a general ledger, sales, and purchase ledger. Because of the unified ledger system, any posting affects the other systems accordingly giving the company a clear view into their business.

One unique feature with Sun Systems is that it allows multiple, parallel accounting methods that allow four transactional currency dimensions. This is very important to a company like yours that has branches in multiple currency states.Our software has been tested and used in automotive industries, banking industries, healthcare, hospitality, government, oil, and gas, transportation, and insurance industries. In adopting this system, it will unify the company’s general ledger, sales, purchase ledger, and cashbook and enable the management of the company to get timely information for decision-making.

This way the company will work toward keeping at par with the competition and take advantage of emerging opportunities. In addition, the company will have a harmonized reporting base due to its multicurrency nature.