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Answer» Advantages of Customised and Tailor-mad. ACCOUNTING Software :
- This software is suitable for medium and large business organization.
- It caters the specific requirements and needs of the users.
- It can be modified as per the needs of the organization.
- It has high level of security and minimizes the loss and unauthorized access of DATA.
- It cannot be easily mutated or duplicated in the market DUE to difference in the needs and requirements of DIFFERENT users.
- It does not involve high cost of training as the training can be imparted within the organization by the experienced personnel.
- It can be easily Linked to the other information systems.
- It forms an integral part of the organizational MIS.
Disadvantages of Customized and TaiLor-made Accounting Software :
- It involves high cost of installation and maintenance.
- Developing customized software is a tune-consuming process and involves high cost of development,
- Maintenance of this software is difficult as there exists limited avalibilty of knowledge to the developers.
- It lacks standard training MODULES.
Advantages of Customised and Tailor-mad. Accounting Software : Disadvantages of Customized and TaiLor-made Accounting Software :
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