Vertical Market Software
1.Search the Internet for a vertical market software package for your assigned
industry (you should choose a specific type of entity within your industry. Your industry is Government Contracting). In answering the following questions, you may want to refer to the AICPA’s “A Strategy for Finding the Right Accounting Software”(http://www.journalofaccountancy.com/Issues/2003/Sep/AStrategyForFindingTheRightAccountingSoftware.htm). You may also find the following article helpful: “Vertical Value: The Lure of Niche Accounting,” by Richard McCausland, Accounting Technology, September 2000; Vol. 16, Iss. 8; pg. 56-61. This article can be downloaded in ABII (Proquest) through the library on-line electronic resources collection: http://www.aladin.wrlc.org
Provide a printout(put link under reference and underline) of the appropriate web site page of the software package you have discovered that will allow your professorand others to visit for more information.On a separate sheet of paper:
a)Describe the uniqueindustry information needs addressed by the system.
This is the critical portion of this assignment. Please give it some thought.
b)Does the software provide customization tools?
c)Since web-enabled technology and e-business have become so important, does the package
provide Web integration?
d)How much does it cost?
e)Does it support multiple currencies?
You will receive no credit if you choose a general purpose accounting package that can be used across industries and entities. This would include G/L, A/P, and A/R modules.
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