Cost & Benifit To Produce Information

1.0INTRODUCTION The Value of information is the amount a purpose shaper would be move outing to pay for information prior to devising a ratiocination. Information is the lifeblood of any brass tool because its bust meaningful for a decision maker. hence organization should intimidate their data safely to ensure the all-important(a) 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 suit and excessively may loss of trustworthy. To produce information, it does see comprise and benefits and decision maker stick to analysis some(prenominal) factor out front make any decision. In the association Leo Group, for the accomplish 10 years until today, company use the manual weighing using a MS Excel to prepare a payroll for the all staff. straightway the company was evolved and the total work force increase. In determine to upgrade the company pay roll arrangement and make it to a greater extent efficient, the top management decide to barter for a payroll software system call X-payroll-HR to replace the real manual payroll system that take a divide of clip to prepare a payroll summary. Before the lowest decision make, the Finance Manager and Human Resource motorcoach have to analysis the live incurred and the benefit that company willing cross from that software. 2.

0COST INCURRED To bargain for this X-Payroll-HR software, company pauperism to ascertain all the cost that might be incurred and the of import cost involve is: a) software b)Hardware c)Consumables d)Personal a! ) Software The cost 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 free 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

If you want to get a full essay, visit our page: write my paper