App Development: Background and Importance - Case Study Example

Proposal for Account Manager (management) App By Student Name Course Code + Name Professor Institution Date 1) Motivation: app developed, background and importance. For any account management job, time management and accuracy play an important role. The account manager has to provide accurate data on sales, purchases, mode of payment and the traders’ name in the expected time. Maintaining data accuracy is a bit challenging and that is the reason why one should have an account management app to solve these issues; time management and data accuracy. One way of keeping your business and finances on track is by creating a budgeting and planning process. A budgeting process helps you manage your financial position more efficiently and ensures the plans carried out are practical. Ask any successful business person, will tell you they invested some time to create and manage their budgets to monitor their finance and performance of the business. Account management app acts as a budget plan, it saves your time, and it is easy to use when planning on your finances. Also, this app allows you to create a focus on the way your account is moving giving you better clarity and focus. The app acts as your budget plan which controls your finances, help you in making confident expense decisions and ensure you save money for future projects. The app also helps the user manage their current commitments. The App proposed is called Account manager application which is available in all smart phones. An account manager is an accounting application which provides control over sales, purchases and payments made thus managing one’s financial account. It allows the user to keep track of all her transactions and balance of accounts at one go. Reasons, why this application is important, are: it keeps all your transactions made in different a case that is debit and credit. Thus, Account manager application maintains data accuracy. The aim of account manager application is to make accounting easy to manage, and the user can keep track of money transactions. The app has an option of updating sales or purchases and provides details of the mode of payment a trader makes. Every account or finance company has a concern on security details. The application has a password protection, therefore, making it secure to use since people will not snoop into your important data. Besides, if a company or the user wishes to update their security details, account manager app, has a setting button where the user can change their password. As human beings, we want to have a control of our finances. Having a sense of control over your money sounds empowering; hence, creating and using account management application is like a financial foundation. You do not need a notebook and a pen to use this application, all you need is your phone or your computer. The main motivation for creating this app was to have full control of the finances made from sales to purchases and payments made. The app offers that with its well designed and easy to use sales and purchases activity button. For a person who needs to maintain accurate data of a huge company it can be tedious and time consuming especially using notebook. Therefore, I was motivated to start this application as it saves time and it easy to use. Maintaining the budget using this application one adopts new habits like spending less and you start to notice some growth in yourself and your account expanding. Account manager app motivates one to keep saving and spending less as one is up to date with their accounts details. What kind of services the app will provide and how app users are involved Account Manager app allows you to create and categorize your account into sales, purchases and payments thus enabling tracking of your financial account. One can see exactly where he/she is taking their money as soon as they make a transaction. The app enables one to view updated sales, purchases, and payments amount, the trader’s name, and the bill number. Account Manager app has a monthly update on all payments made on sales and purchases. This application reduces stress in a way that one do not need to do the calculation; the app has a calculator which does the financial sums. Account Manager app also educates, reveals waste and directs priorities creating new habits as it has a note to keep track of what’s happening. The app is also secure as one has to log in using a certain password. If the user forgets his or her password, there is the option of changing the password. The app also provides a somewhere to note for example an agreement with the traders thus maintaining good communication with the traders. Account manager app for companies simplifies their paperwork allowing the account manager to create and manage sales invoices. One can generate reports of sales using this app, track their inventory and payments received. This app allows the sales team to track sales and payments received and stay up to date with this information. This app allows you to input descriptions of your records, therefore when meeting your clients all you need is your phone. 2) Target audience and solution description Account Manager targets everyone who wants their reports on accounting in their pockets. The app contains sales, purchase, notes, and calculator button functions where the user can update their sales details or purchase details as well as do calculations of the amount of sales or purchases done. This app also targets busy sales company. A sales company will receive many orders of services or goods sold and keeping records on a notebook can be messy and tiring. Account Manager app allows the sales team to track sales and payments received and stay up to date with this information monthly. The app provides traders name, mode of payment whether cash or debit and bill amount. If the user makes an error when entering details, there is an option of deleting entry. The delete option button makes the work of the sales person neat and presentable. Account Manager App is for people who need to make their paperwork easy and simplified. The user can generate reports and track their inventory; payments received, and balance on accounts using the account manager app. The app provides traders’ name, mode of payment whether cash or debit and bill amount by simply clicking on the function detail. It has a delete function button where the user can delete an entry if they make any error while filling in details. People interested in digital buying can make account manager app their best tool in managing their purchases and connecting with their clients. All they need is a phone to manage their expenses, and finance records. Maintaining your expenses on a notebook can be challenging, tiring, and time-consuming. Therefore, using account manager application saves time, and it is easy to use thus not tiring. Account manager app is also suitable for account management for travel clients. The app tracks sales and payments received, and your account is up to date even when one is not in the office and has no pen or notebook to note transaction made. This app allows you to input descriptions of your records, therefore when traveling to meet your clients all you need is your phone. This app will have a security details entry for people who prefer a little safety and privacy for their accounts and expenses app. It gets better for those who like changing their password from time to time maybe to upgrade their security details. And lastly, the app has a calculator and a monthly update on your finances for people who like checking their spending from time to time and those who need to perform calculations for transactions made. 3) Competitor analysis Competitor analysis will identify the forces that influence the initiative of proposing for account manager app. By looking at the SWOT analysis of a competing app, the company will identify what parts of the apps plan should implement. The competitor app is known as CSL Mobile Accounts for Android. Strengths CSL Mobile Accounts is simple and easy to use because the apps' user interface tailors the user's needs. This application has backup and restores function ability to Google drive, memory card, or other places which lack in account manager application. It also includes currencies of most countries and supports three different languages. One can share their transaction details to other people in excel format. Lastly, this application can produce balance sheet, income statement, ledger, expense statement, and profit and loss reports (Kaur and Malhotra, 2016, p. 48). Weaknesses This application does not feature calculator function, and the edit option fails to work at times. Opportunities CSL Mobile Accounts is widely known and provides best services; therefore, it is difficult for the targeted audience to leave. The account manager may, however, attract people who are willing to try a new application and to look for a calculator function feature. Threats CSL Mobile Accounts faces the threat of account manager getting into the market and their targeted audience shifting if this application becomes a success as it is only starting. Some potential clients have a negative impression on the editing option which fails to work at times. User interface using wireframing tool and the function design inside each activity Wireframe tools make the process of app creation easier by explaining what the product entails thus allowing the targeted audience to focus on the use interactivity and the function of the app. Verbal or textually explaining how the application works may not make sense to everybody and that is the reason the client should use wireframe tools to explain. Under the sales function, the user has the option of adding, updating, or deleting the sale amount. The sales function also displays the total sales made in a month; sales made between two dates and the average sales between the dates are also available. Under the purchase button, the user can add or delete purchase details and purchase details such as total purchase amount by setting any dates. The notes button saves temporary notes such as the traders' name or debts from a client, while the calculator button makes the necessary calculation upon opening the system calculator. The password button secures log in details of the user and case of password forgot or change for user security password, the settings button allows that. References Kaur, R. and Malhotra, H., 2016. SWOT Analysis of M-Commerce. Securing Transactions and Payment Systems for M-Commerce, p.48. Read More