A CEO’s demand for Information

A CEO’s demand for Information

To manage the business, CEO requires up to date information like :

• Amount due from customers and payments receivable in a week
• Payments due to vendors, employees and statutory requirements
• Orders in hand for execution
• Finished good stock for delivery to customer orders
• Material to be procured for production to full fill customer orders
• Fund flow statement

Realities of IT in Businesses

Realities of IT in Businesses

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• IT investment is affordable and PCs are just best used  for office automation
• Tendency to develop applications for the functional needs
• Data entered more than once creates inconsistencies between functions
• Data gets fragmented over islands of functions