Computer Science and IT - Article Example

Computer Science and IT A computerised accounting system is an accounting information system that processes the financial transactions and events as per the accounting principles and standards to generate reports as per user requirements. The computerised accounting system has two main aspects that include accounting principles and a user defined structure for the upkeep of records and production of reports. (Kiely, 2015).There is a requirement to create innovative products and services to respond to the variable customer routines and their demographics. The intense competition among banks calls for a steady refurbishment of the banking activities to ensure customers enjoy quick and efficient services. An improved service through computerized accounting system can serve as a strong marketing and advertising tool for banks through attraction of more customers (Daru, 2015). Besides, a computerised accounting system is one of the databases -oriented applications where the transaction data is stored in well- established the database (Kiely, 2015). Computerized accounting system leads to reduction costs, like salaries, higher returns through participation in global banking services and an improved security system that minimizes fraud. Besides, the software has benefits such as accuracy in the issuance of bank statements and fast processing of financial statements as well as easing the highly cumbersome auditing procedure. Alternatively, the system has challenges such as high installation cost, unstable power supply, computer failure and inadequate expertise (Daru, 2015). Alternatively, accounting software is an essential component of the computerised accounting system. The accounting software includes accounts receivable software, accounts payable software, general ledger software and accounting packages and chart of account. The significant factor has to be considered before purchasing accounting software is the accounting proficiency of individuals responsible for the organisation for bookkeeping work. (Daru, 2015). Failure in voting systems in the current generation is a regular occurrence as a result of various reasons that can be prevented through strong databases. The repeated failures disenfranchise voters and destroy public confidence in the electoral system. The failed voting machines, frustrated voters and lost votes have been the current reports following every important election. The various voting systems currently used involve complicated machines that operate in tens of thousands of lines of software codes. However, occasional malfunctions are inevitable even after thorough testing and implementation (Dharavath & Kumar, 2015). In the case of failure in the voting machines, manufactures are not needed to report faults to any government agency. Besides, there is no institution that either investigates such alleged failures or notifies election officials and the public about the possible problems. The implementation of the voting machines faces various problems that include an unavailable central place where election officials can receive information about faults revealed with the systems before every election. Secondly, the dealers are often under no legal duty to inform election officials or the public about problems with their systems (Abuya & Rimiru, 2015). Alternatively, the similar failures occur with the same machines, in one jurisdiction or another election after election. In this case, the sellers of the machines are always aware of the problems because they had been communicated to them earlier in the past elections. Thus, most of the failures in the systems occur as a result of limited consultations between the officials and the vendors. However, since the voting system is a significant factor in democracy, a regulatory structure is required to ensure that voting system is smooth. The efficiency of the system can be achieved early recognition of the defects and immediate correction (Dharavath & Kumar, 2015). Companies face a tough challenge in recruiting qualified employees to ensure productivity in their operations. These challenges are catalysed by inadequate skills among the job seekers and also the strict working environment in the various firms. Thus, the loopholes in the recruitment procedures have led to high employee turnover resulting in a stagnated productivity in the companies. Besides, the process of employment is very hectic and may require many resources to be successfully achieved (Adams & McKevitt, 2015). A recruitment database may apply to ease the procedure. The most applied software is known as Mercury xRM that empowers the global recruiters to shorten their recruitment process and deliver an excellent client and candidate experience. The database creates adverts that can be distributed to thousands of job boards. All the candidates’ responses are automatically assigned to the vacancy for further qualification, thus helping to shorten the recruitment procedure. Besides, Mercury xRM allows the recruiters to create job adverts and job descriptions that can be distributed to various targeted segments at once. The candidate’s curriculum vitae sent through email can be automatically added to the database for future considerations (Velasco & Marquez, 2015). Besides, the database assists in the creation of a richer pool of talent with comprehensive recruitment procedures that makes the work easier and ensures efficiency. Recruiters face toughest challenges in finding the top talent because there are plenty of places to search. Mercury xRMsearches and automatically filter across multiple job boards and shortlist directly to the job vacancy. Besides, it automatically tracks candidates throughout the recruitment process lifecycle, informing them of their progress. Lastly, it manages the demands and regulations of contract either temporary or permanent vacancies (Adams & McKevitt, 2015). References Abuya, T. K. &Rimiru, R. M. 2015).A failure recovery algorithm in Two-Phase commits Protocol for optimizing transaction atomicity. New York: Oxford University Press. Adams, M. & McKevitt, C. (2015). Barriers and opportunities for enhancing patient recruitment and retention in clinical research: findings from an interview study in an NHS academic Health science center. Health Research Policy and Systems, 13(1), 8. Daru, M. (2015). Role of Computerized Accounting In Banking Sector. Journal of Advanced Research In Management and Social Sciences. 4(2), 29-33. Dharavath, R., & Kumar, C. (2015). A scalable generic transaction model scenario for distributed NoSQL databases. Journal of Systems and Software. 101, 43-58. Kiely, M. T. (2015). Exploring Accounting Approaches in Support of Internal-use Software: A Multiple Case Study. North Central University. Velasco, I., & Marquez, D. X. (2015). Barriers to Recruitment and Retention among Older African Americans and Latinos. Journal of Kinesiology and Nutrition Student Research, 3(2), 50-60. Read More