The Analysis of Financial Invoice Automation System (IAS) Based on the Effectiveness and Efficiency in Invoice Processing at the Procurement Department: a Case Study of Company Perintis Mandiri

Authors

  • Choirul Anwar Universitas Negeri Jakarta

DOI:

https://doi.org/10.21512/tw.v12i1.683

Keywords:

IAS, Internal Control, COSO

Abstract

Financial invoice processing is an important part of Company Perintis Mandiri’s daily business. Today, to catch up the advance of technology development, Company Perintis Mandiri has applied a new financial automatic invoice system called IAS. The scope of this research is the effectiveness and efficiency issues arose from the conversion of financial invoice processing system, from manual to automatic, and the significant differences between them. The research method used is qualitative method, study case approach. To present an objective data analysis, the writer analyzes the internal control of the financial invoice processing systems with COSO theory as the reference, by conducting interviews to the respondents. The writer also analyzes the effectiveness and efficiency between the manual and the automatic system by using a simple numerical measurement. At the end, the result of this research is important to be recognized as an input to develop, maintain, and evaluate the current financial invoice processing system used by Company Perintis Mandiri.

Dimensions

Plum Analytics

References

Hall, J. A. (2007). Accounting Information Systems (5th ed.). USA: Thomson South-Western.

IOMA (2010). AP Department Benchmarks and Analysis 2010 report. Greenwich, Connecticut: Institute of Finance and Management.

Rittenberg, L.E., Schwieger, B. J., & Johnstone, K. M. (2008). AUDITING, A Business Risk Approach (6th ed.). USA: Thomson South-Western.

Weihrich, H. (1982). The TOWS matrix - a tool for situational analysis, Journal of Long Range Planning, Vol. 15, No. 2.

Wild, J. J., Larson, K. D., & Chiappetta, B. (2007). Fundamental Accounting Principle (18th ed.). USA: McGraw-Hill.

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Published

2011-03-31
Abstract 781  .
PDF downloaded 538  .