One of the most important trends in information systems today is
the increasing use of electronic data interchange whereby paper is
replaced by electronic communication for transactions between
companies. Written for financial and accounting professionals as
well as the MIS managers with whom they interface, this book offers
a comprehensive discussion of the elements of EDI systems that are
particularly useful in finance and accounting applications.
Thierauf introduces the underlying framework for EDI, comparing it
to the present paper operating mode; explains the fundamentals of
national and international electronic communication, and explores
the hardware and software necessary as well as the typical costs
involved. Numerous real-world case studies are included to
demonstrate the feasibility, development, and implementation of EDI
systems in finance, accounting, and banking operations.
The text's structure follows a logical sequence from concept
through application designed to assist the typical end user in the
design and installation of an EDI system. Part One shows the
relationship of EDI systems to various types of management
information systems and discusses factors underlying both U.S. and
international systems. In Part Two, Thierauf investigates the
currently available EDI hardware and software and presents a
custom-designed approach to software. In the final chapter of Part
Two, Thierauf provides in-depth treatment of typical EDI
applications as well as the design considerations for their
development. The feasibility of undertaking an EDI system and
detailed procedures for developing and implementing such a system
form the focus of Part Three. Separate chapters cover EDI in
strategic planning, banking, finance, and accounting. Numerous
figures amplify points made in the text. In addition to providing a
thorough guide to EDI for accounting, finance, and MIS
professionals, this volume will also be ideal as a supplemental
text for undergraduate and graduate courses in business information
systems.
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