i. TIMELY INFORMATION:
Information can be made available on a more timely basis because of the rapid speed with which it can be processed.
Computerized statement and invioces can be prepared and sent within specific time. Preparation of many requires reports such as those mandated of many required reports such as those
mandated by government and agencies are facilitated.
ii. COST REDUCTION:
Manual system replaced with computerized system result in lower cost of operation.
The computerized system enables operations to be streamlined with a corresponding reduction in paper shifting, thus increasing the overall
efficiency and effectiveness of the firm.
iii. IMPROVED CUSTOMER SERVICE:
Customer relations are improved through more efficient handling of customer account,
such as more accessible records and ability to complete transactions more quickly.
iv. IMPROVED MANAGEMENT DECISIONS:
Owners can br supplied with more data and newer kinds of the data that provide them with a stronger foundation on which to base their decisions.
v. ACCURATE INFORMATION:
Many of the routine transaction can be performed by the computer and a reduction in "human errors" is realized.
vi. BETTER CONTROL OVER OPERATIONS:
More comprehensive information is available and efficiently stored and as a result, internal control over the firms operations is improved. E.g, inventory control
is more efficient because current information concerning shipments and inventory levels is available.



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