Answer to Question #99658 in Management for Ramesh

Question #99658
. . M/s Paper Write Corporation problems don’t seem to end. The company doesn’t use modern day technology in the departments. Some observations made by Ajay are: a) The company uses register for employee attendance. b) The company has a manual process of writing entry in the books of accounts. c) The leaves are applied on paper which has a lengthy process of approval. d) All the orders are sent through hard copies to the suppliers. e) The inventory management is not practiced effectively due to the lack of usage of technology. Advise any 5 modern day technologies which will make the system more productive and effective. Explain the same with description.
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Expert's answer
2019-12-02T07:46:56-0500

The technology to use instead of the current employee attendance register would be Employee Attendance Management Programs, which would electronically track their working hours among other related things. The next solution for the issue of writing entries in the books of accounts will be to use accounting software such as QuickBooks to process accounting information. The problem of the lengthy process before leaves are approved should be solved by the use of Leave

Management Software to facilitate the automated handling of all leaves. Orders can be handled by using an order management system that allows entry and processing of the said type of data (orders). On the issue of ineffective inventory management practices, the company can apply Inventory Management Software that would ensure that the movement of goods from manufacturers to the warehouse and subsequently to the point of sale is coordinated more effectively through the Inventory Management Software.

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