Scenario You have recently been hired as a business analyst for the chief financial officer (CFO) of a small direct-to-consumer organization. The company is growing and is looking for ways to gain efficiency by automating some processes. The CFO has asked you to perform an analysis of the current payroll onboarding function within the organization. Through this analysis of the current onboarding functions, you will determine the benefits and drawbacks of how employee information flows through an AIS and how using an AIS will improve the payroll onboarding process. Provide a high-level overview of the payroll onboarding process. Explain how the payroll onboarding processes function within accounting information systems. Identify inputs and outputs of the payroll onboarding processes within an accounting information system. Identify how key transaction cycles are automated. Include the following details in your response: a) Identify steps in the payroll process from paper approval (timesheet) to automated employee paychecks. Identify at least two benefits of automating the payroll onboarding system. Explain your rationale why the identified benefits support automating the payroll onboarding system. Identify at least two drawbacks of automating the payroll onboarding system. Explain your rationale why the identified drawbacks do not support automating the payroll onboarding process

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Scenario

You have recently been hired as a business analyst for the chief financial officer (CFO) of a small direct-to-consumer organization. The company is growing and is looking for ways to gain efficiency by automating some processes. The CFO has asked you to perform an analysis of the current payroll onboarding function within the organization. Through this analysis of the current onboarding functions, you will determine the benefits and drawbacks of how employee information flows through an AIS and how using an AIS will improve the payroll onboarding process.

Provide a high-level overview of the payroll onboarding process.
Explain how the payroll onboarding processes function within accounting information systems.
Identify inputs and outputs of the payroll onboarding processes within an accounting information system.
Identify how key transaction cycles are automated. Include the following details in your response: a) Identify steps in the payroll process from paper approval (timesheet) to automated employee paychecks.
Identify at least two benefits of automating the payroll onboarding system.
Explain your rationale why the identified benefits support automating the payroll onboarding system.
Identify at least two drawbacks of automating the payroll onboarding system.
Explain your rationale why the identified drawbacks do not support automating the payroll onboarding process

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