In data processing, system refers to the relationships that exist among people and technology in order to accomplish specific functions
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A strategic performance management system that enables an organization to measure, monitor, and communicate its strategic plan and goals throughout the organization, in a way that is understood by everyone
A cash management control technique in which the customers send payments to a post office box (locked box) that is emptied by the bank and deposited directly to the lender’s account. List of receivable payments is then sent to the lockbox owner’s accounting department to allow the updating of...
A system intended to facilitate control
Technology conforming to general system standards offering users a wider selection of software programs. They facilitate computer systems linkage and the use of multiple vendors
Large data processing computer systems, with extensive capabilities and resources that can be shared with other computers. Mainframe systems are usually used for critical operations, such as bulk data processing
See Enterprise Resource Planning (ERP) Systems
A system, manual or computerized, consisting of people, data, processes, and information technology with the objective of collecting, manipulating, retrieving, and reporting data in a business or other context
Computer program containing knowledge of a human expert in a specific subject. An expert system mimics an expert’s logical reasoning to reach a conclusion...Also known as Knowledge-Based System
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