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Analysis Methodology

1. Create Initial Needs Definition.

2. Print and Verify Needs Definition.

3. Run Initial Analysis.

4. Modify Needs Definition if Required (Modifiable Edition only).

5. Revise Needs Definition if Required.

6. Print and Examine Ranking Reports.

7. Create Semi-final Product Grouping.

8. Reprint Basic Ranking Reports.

9. Identify Specific Strengths and Weaknesses.

10. Prepare for Final Analysis.

The Methodology

Although the analysis program is the central point of The Accounting Library, its real power is released only after you have completed several critical prerequisite steps.

  • First, you must understand what your organization needs to do well in order to succeed.
  • Second, you must translate this definition of success into its individual components (strategy, organizational structure, business processes, personnel management philosophy, and finally the role your information system will play.
  • Third, you must construct a detailed needs definition which reflects the objectives you have set for your information system.
  • Finally, you can utilize The Accounting Library to identify and analyze those products which seem to meet the requirements set forth for your information system.

The analysis program has not been designed to make any form of decision, but to generate information that might be of interest as you consider various competing products. Let's review for a moment what the analysis program will do for you.

  • Facilitates the creation of an accurate and detailed needs definition.
  • Identifies specific products which appear to come closest to meeting your unique requirements.
  • Identifies relative strengths and weaknesses of specific applications and subsections of each product under consideration.
  • Identifies specific functional strengths and weaknesses of each product.

The Objective to the analysis program is to identify which products appear to meet an organization's functional accounting and operational requirements, and to present information to users that might form the basis for more detailed questions when each product is being analyzed individually.

 
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