Thursday, August 8, 2019

E-service Web Portal Accounting Software Assignment

E-service Web Portal Accounting Software - Assignment Example The objective of the participants such as the Lockheed Martin is to solve similar problems. In this case, the market is usually competitive, however within a defined market niche. For the case of Lockheed Martin Company, which contracts with various governments across the world, the accounting package should have distinctive features such as the foreign currency translation due to the issue of diverse currencies in each country. Moreover, features such as an integrated CRM, and bulky marketing abilities are fundamental considerations when selecting an accounting package for a government contracting company. This follows that this investigation focuses on the eService Web Portal accounting package and its integration within the Lockheed Martin system to ensure smooth contracting processes (findaccountingsoftware.com). This refers to web-based portal software that offers and performs enterprise resource planning (ERP) and customer relationship management (CRM). It helps in strengthening associations with larger customers who include national and international contractors. For our case, the system is critical in making its contract correspondence with governments. The eService system is an online system that performs automated work orders, subcontractors, invoice services and approvals among others. This software has an ability to translate multiple currencies. The following are the services that this accounting package software offers to the clients, subcontractors and contracting company (findaccountingsoftware.com). The most fundamental aspect of eService is the ability for customization. The eService can be customized to include both the company and clients’ logos. In addition, the eService offers an extension of creating an interface that indicates the brand of the company.  Other applications that can be integrated with the eService Web Portal include Accounts payable and receivables, Inventory and equipment Job costing, Payroll, Mobile Field Service which are essential in carrying out operations that pertains a government contracting company (findaccountingsoftware.com).     

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