ITM 432 Module 3 SLPword
Trident University International
ITM432 Principles of Finance and Financial Information Systems
Module 3 SLP
INFORMATION FLOWS AND FINANCIAL MANAGEMENT
Dr. Thomas
18 May 2014
The Kuali Financial System is an open sourced, internet-basses financial system designed to function as well as current Financial Systems. In essence it is “in the cloud”, a web application which can be used anywhere a computer has internet access. In this way it is unique, especially when compared to legacy Financial Systems, which are bound to company servers. The Kuali Model may come to embody the future of administrative systems.
Project Code
Kuali has multiple “test drive scenarios” which allow prospective customers to use the software before purchasing. The first two are, in order, “Project Code” and “Transfer of Funds”. The first focuses on starting up a project. It teaches the user how to start a project, name it, send and ad hoc request, and review the Route Log. In truth, this was a supremely easy task. Going through it took two minutes, and in no way stretched any capabilities.
Transfer of Funds
The second task, on the other hand, provided a tad bit more challenge. This task teaches the user to create a eDoc, a Transfer of Funds, which will be used to route funds to other accounts (“Test drives of, “2010). The most interesting, and useful, thing about open sourced software is that it tends to work with other software. This is especially true for Kuali, as it uses Comma Seperated Value files to import information directly into the eDoc. Comma Separated Value files are common files which are generally used for database entry, but can be created and modified inside of Microsoft Excel or a similar program.
My Opinion
To be perfectly honest, the system has great potential. Some of that potential is wasted, however, in bureaucratic befuddlement. For instance, why does the eDoc need a description? The amount of training needed on Kuali could be enormous if
ITM432 Principles of Finance and Financial Information Systems
Module 3 SLP
INFORMATION FLOWS AND FINANCIAL MANAGEMENT
Dr. Thomas
18 May 2014
The Kuali Financial System is an open sourced, internet-basses financial system designed to function as well as current Financial Systems. In essence it is “in the cloud”, a web application which can be used anywhere a computer has internet access. In this way it is unique, especially when compared to legacy Financial Systems, which are bound to company servers. The Kuali Model may come to embody the future of administrative systems.
Project Code
Kuali has multiple “test drive scenarios” which allow prospective customers to use the software before purchasing. The first two are, in order, “Project Code” and “Transfer of Funds”. The first focuses on starting up a project. It teaches the user how to start a project, name it, send and ad hoc request, and review the Route Log. In truth, this was a supremely easy task. Going through it took two minutes, and in no way stretched any capabilities.
Transfer of Funds
The second task, on the other hand, provided a tad bit more challenge. This task teaches the user to create a eDoc, a Transfer of Funds, which will be used to route funds to other accounts (“Test drives of, “2010). The most interesting, and useful, thing about open sourced software is that it tends to work with other software. This is especially true for Kuali, as it uses Comma Seperated Value files to import information directly into the eDoc. Comma Separated Value files are common files which are generally used for database entry, but can be created and modified inside of Microsoft Excel or a similar program.
My Opinion
To be perfectly honest, the system has great potential. Some of that potential is wasted, however, in bureaucratic befuddlement. For instance, why does the eDoc need a description? The amount of training needed on Kuali could be enormous if
References: [Illustration}. (2010). Driver’s Manual. Test drives of kuali system. (2010). Retrieved from https://kuali.org/test-drives