Cost & Benifit To Produce Information

1.0INTRODUCTION The Value of information is the amount a purpose master would be move outing to pay for information forward to devising a purpose. Information is the lifeblood of any brass instrument because its bust meaningful for a decision maker. so organization should intimidate their data safely to ensure the big information for the organization not goes to the wrong person. Damage or lost data can cause disruption in normal cable activities such as financial losses, police force suit and excessively may loss of trustworthy. To produce information, it does want comprise and benefits and decision maker learn to analysis both(prenominal) factor out front make any decision. In the ships company Leo Group, for the accomplish 10 years until today, company use the manual(a) weighing using a MS Excel to prepare a payroll for the all staff. at once the company was evolved and the total work force increase. In sight to upgrade the company payroll arran gement and make it more efficient, the top management decide to misdirect a payroll software system call X-payroll-HR to replace the real manual payroll system that take a divide of condemnation to prepare a payroll summary. Before the lowest decision make, the Finance Manager and Human Resource motorcoach have to analysis the monetary value incurred and the benefit that company depart ticktack from that software. 2.

0COST INCURRED To acquire this X-Payroll-HR software, company want to ascertain all the cost that might be incurred and the briny cost involve is: a) software b)Hardware c)Consu mables d)Personal a) Software The cos! t involve under the software is : i)initial purchase price of the X-Payroll-HR software. To implement the new payroll software system, the main cost is the purchase price of that software. This software is costly and will cost up to RM100,000. ii)Licences When company buy the software, they moldiness buy together a licence to use it. The freedom need to be renewal annually and this will be large cost to company. If company grows in size, the licences...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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