IGCSE/ A-Level Revision Questions

Specific Requirements: Does the OTS package meet all essential business needs?
Customization Options: Can the OTS package be adapted to meet specific requirements?
Scalability: Can the system handle future growth and changes in business operations?

The company should consider the following factors when deciding between a custom-built accounting system and an off-the-shelf (OTS) accounting package:

Factor	Considerations
Cost	Initial Investment: Development costs (custom) vs. licensing fees (OTS). Ongoing Costs: Maintenance, updates, support (custom) vs. subscription fees, upgrades (OTS). Total Cost of Ownership (TCO): A comprehensive analysis of all costs over the system's lifespan.
Functionality	Specific Requirements: Does the OTS package meet all essential business needs? Customization Options: Can the OTS package be adapted to meet specific requirements? Scalability: Can the system handle future growth and changes in business operations?
Time to Implementation	Development Time: How long will it take to develop the custom system? Implementation Time: How long will it take to implement the OTS package? Downtime: What is the potential downtime during implementation?
Expertise & Resources	Internal Expertise: Does the company have the skills to manage a custom-built system? Vendor Support: What level of support does the OTS vendor provide? Training: What training is required for users of the OTS package?

The company should weigh these factors carefully to determine which option best aligns with its budget, technical capabilities, and long-term business goals. A thorough evaluation process, including vendor demonstrations and pilot programs, is recommended.

Information Technology IT – 2 Hardware and software | e-Consult

2 Hardware and software (1 questions)