Economic information systems for small and medium businesses and evaluation of return

  • Authors:
  • Renáta Myšková

  • Affiliations:
  • Faculty of Economics and Administration, The Institute of Economics and Management, University of Pardubice, Pardubice, Czech Republic

  • Venue:
  • WSEAS Transactions on Information Science and Applications
  • Year:
  • 2011

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Abstract

From manager's viewpoint, the most fundamental requirement in the process of information gathering is simple and quick information obtaining process. That implies technically stated requirement -- information system has to be technically capable of providing information in optimal rate, in the fastest and the safest possible manner. Next criterion stems from the structure of users, because their IT literacy and abilities in the area of computer technology can present a certain limitation of up-to-date technologies usage. Decision of implementation of new information system is, therefore, a problem including not only technical, economic, but also human aspects. The aim of this article is to describe valuation of return rate of information system used in practice and to present the valuation on an example. Further, analysis of ERP systems offered in the Czech Republic to small and middle-sized businesses is performed with relationship to managers' requirements.