Revamping Accounts The accounting department at your company deals with the processing of critical documents that include invoices, purchase orders, statements, purchase requisitions, financial statements, sales orders, and price quotes.

These documents must arrive at their intended destination in a secure and efficient manner. Processing is currently done manually, which causes a negative ripple effect. Documents tend to be misplaced or delayed, becoming vulnerable to unauthorized changes or exposure of confidential information.

In addition, the accounting department incurs costs such as for preprinted forms, inefficient distribution, and storage. Explain automation, streamlining, and business process reengineering and how they can be used to revamp the accounting department.