You are a member of a project team for the implementation of a new bank reconciliation accounting software for your company. Due to the size of your company, the daily transaction volumes are over 5,000. The project team has narrowed down five suppliers for the software. From these you are required to make your input as to which would be the most suitable for your company. we selected a software, BANKDOC1. At implementation, the information was correctly loaded to the system and the daily reconciliations were performed accurately. During week 2, your Bank communicated that there would be a change in their system as they were now utilizing a new platform. As such, some of the required fields for BANKDOC1 would now be eliminated on the Bank side. Required: - Define the problem. - What are the core issues? - What actions would you take to solve the problem?
You are a member of a project team for the implementation of a new bank reconciliation accounting software for your company. Due to the size of your company, the daily transaction volumes are over 5,000. The project team has narrowed down five suppliers for the software. From these you are required to make your input as to which would be the most suitable for your company. we selected a software, BANKDOC1. At implementation, the information was correctly loaded to the system and the daily reconciliations were performed accurately. During week 2, your Bank communicated that there would be a change in their system as they were now utilizing a new platform. As such, some of the required fields for BANKDOC1 would now be eliminated on the Bank side.
Required:
- Define the problem.
- What are the core issues?
- What actions would you take to solve the problem?
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