System Feasibility Study
April 16, 2010, 8:54 am
In the field of computer and technology, there always an option to automate things likes payroll system, inventory system, lighting system, and sales system. But of course, before the automation of any system, a feasibility study should be conducted in order to see the benefits of automation over manual system as well as other alternatives.
At first, you should study the organizational systems such as the users, policies, functions and objectives. Consider also the problems existing over the present systems like redundancies, inconsistencies and slow services. Also, know the constraints such as the nonfunctional requirement.
After analyzing the present or current system, possible alternatives should be presented. Sticking to the current or present system is always an alternative. Different types of automation or computerization and business processes are considered to solve the existing problems. Advantages and disadvantages of each alternative should be discussed.
In addition, the computation of payback analysis, net present value analysis, and return on investment analysis should be included in your feasibility study.
If there is a feasibility study, the best alternative is to be preferred by the management because there a chance of comparing alternative. Feasibility study will determine the best solution to the problems. After all, feasibility study is written to assess each alternative and come out of the best alternative that will benefit the intended users.
I. Specific Topic: PAYROLL SYSTEM
II. Definition of Topic:
A payroll system involves everything that has to do with the payment of employees and the filing of employment taxes. This includes keeping track of hours, calculating wages, withholding taxes and other deductions, printing and delivering checks and paying employment taxes to the government
Cite This Essay
(2010, 10). Payroll System Design. StudyMode.com. Retrieved 10, 2010, from http://www.studymode.com/essays/Payroll-System-Design-443247.html
"Payroll System Design" StudyMode.com. 10 2010. 10 2010 <http://www.studymode.com/essays/Payroll-System-Design-443247.html>.
"Payroll System Design." StudyMode.com. 10, 2010. Accessed 10, 2010. http://www.studymode.com/essays/Payroll-System-Design-443247.html.