SAP stands for Systems Applications and Products in Data Processing. It was Founded in 1972 by Wellenreuther‚ Hopp‚ Hector‚ Plattner and Tschira. SAP by definition is also name of the ERP (Enterprise Resource Planing) software as well the name of the company. SAP system comprises of a number of fully integrated modules‚ which covers virtually every aspect of the business management. SAP is #1 in the ERP market. As of 2010‚ SAP has more than 140‚000 installations worldwide‚ over 25 industry-specific
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HISTORY OF INFORMATION SYSTEMS 1.1 INTRODUCTION In 1981‚ Gary Dickson published the first and (arguably) last widely recognized historical treatment of the field of management information systems (MIS) – now more commonly called information systems (IS). Given the many shifts in the direction of IS since 1981 and the wide-ranging and sometimes heated debate about the identity and core characteristics of IS‚ we contend that the field could benefit substantially from another historical analysis
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Corporate restructuring and the LBO CHAPTER 3: CONTRACTIONS Contraction is the reduction in the size of the private company or business due to corporate restructuring. 3.1 Spin-Offs—A spin-off transaction is when a parent company separates the shares of its subsidiary from the original private company shares and distributes those shares‚ on a pro-rata basis to its shareholders. In essence‚ two separate entities are formed in which the stockholders are issued the shares in the legal
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Bangladesh Bank Head Office‚ Dhaka Payment Systems Division PSD Circular No. 02/2009 Managing Director/Chief Executive Officers All scheduled banks in Bangladesh Date : 4 Falgun 1415 February 16‚ 2009 Dear Sir‚ Bangladesh Automated Cheque Processing System (BACPS) at the expanded Dhaka Clearing Region. You are aware that Bangladesh Bank has been working to modernize the country’s payment system. The most visible step towards modernizing payment system is the establishment of the Bangladesh Automated
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INFORMATION PROCESSING Difference between data and Information Data is raw unprocessed information where as information is data that has been to processed to provide a meaningful value. Information processing is when a machine or processor interacts with the outside world and acts on the input it receives. ADVANTAGES OF INFORMATION PROCESSING * Tasks can be completed faster * Computers can process large amounts of data and generate error-free results. * Computing storage devices
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BUSINESS CASE An Online Registrar Transaction for Form-137 and OTR Requests Xavier University- Ateneo de Cagayan is one of the most prestigious schools in the country. It doesn’t just have high standard education and high status in terms of academic value and but also has high technological competence. It has practiced technology-based transactions for faster and more convenient dealings. In addition‚ Xavier University‚ headed by the University President‚ has five clusters and these are
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1. Data Processing- is any process that a computer program does to enter data and‚ summarize‚ analyze or otherwise convert data into usable information. The process may be automated and run on a computer. It involves recording‚ analyzing‚ sorting‚ summarizing‚ calculating‚ disseminating and storing data. Because data are most useful when well-presented and actually informative‚ data-processing systems are often referred to as information systems. Nevertheless‚ the terms are roughly synonymous‚ performing
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services provided. Bad debt expense is that portion of account receivables that will not be collected. Therefore‚ without any receivables a company will not have bad debts‚ thus no need to estimate any bad debt expense. Business to business transactions are mostly done with a promise to pay for goods and services provided at a later date. When a company sells its products or provides its services to other businesses or even individuals‚ it expects payment for the products or services. In most
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Abstract This paper is about a selected few image processing applications. Optical Character Recognition is the translation of images of handwritten‚ typewritten or printed text into machine-editable text. Then I have introduced the captcha that we so frequently encounter in common websites. An algorithm trying to solve or break a captcha has been explained. Face detection is a growing and an important tool in security these days. It must be applied before face recognition. There are many
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accounting information irrespective of their volume be processed with the fastest possible speed with little or no error? As a result of technological advancement‚ the first thing that comes to mind when such a question is raised is Electronic Data Processing Method. (EDP which gave birth to ICT) MOTIVATION: Accounting and Information technology have been around for a long‚ long time. Basically as long as people have been around‚ there has always been the need for accountability of personal or joint
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