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Friday 27 December 2013

Riordan Manufacturing Finance and Accounting Overview

Riordan Manufacturing Finance and method of accounting system Overview Riordan Manufacturing is a wholly owned subsidiary of Riordan Industries, a Fortune 500 caller-up. The company is a world(prenominal) manufacturing company with projected annual earnings of $400 million, revenues of $1 one thousand thousand dollars, and over 500 employees. It is as well as a loss attracter in the plastic injection forge field. With state-of-the art jut capabilities, Riordan is capable of creating innovative plastic designs which has realise the company external acclaim. Riordans employees help to maintain their innovative, team-oriented, and climate focussed work environment. It is tell that Our R& ampere;D is, and give remain, the industry leader in identifying industry trends and that they testament extend to to be a solution provider for our customers and not be a office staff of our customers challenges (Apollo Group, Inc., 2012). Founded by Dr. Riordan, Riorda n has facilities in San Jose, calcium; Albany, tabun; Pontiac, Michigan; and Hangzhou, China. Corporate headquarters is at the San Jose location. each(prenominal) location is currently working with an independent Finance and Accounting systems(F&A), some that atomic number 18 from different vendors with different types of platforms and are absurd with each other. There is a need to unify these systems into a consistent platform for consistent reporting.
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The lying-in at hand is to have certain systems join into i land-based accounting system with a Windows based operating system. This is to easiness the consolidation at month and year end. This ! will also forget for consistent reporting and enable the company to monitoring eddy the licenses needed for access to the system. A consolidated system will streamline the support needed to maintain the system and perchance show a recognizable savings on that support. Finally, the take structure will show that the company is reporting mightily and avoiding any possible penalties for any false reporting. With operations permeate over four... If you want to get a full essay, baffle it on our website: OrderCustomPaper.com

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