network links to their trading partners through the use of the Internet or

Network links to their trading partners through the

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network links to their trading partners through the use of the Internet or other networks for applications such as order processing, inventory control, accounts receivable, and accounts payable. These advances in the accounting function have to vast improvements in the capturing, reporting, and the accuracy of company data. Thus, real-time processing of accounting information enables executives to make better and more informed decisions involving their firm’s resources. 7. Refer to the Real World Case on GE Power and Corporate Express in the chapter. Why is there a need for enterprise application integration systems in business? Will this continue to be the case in the future? Why or why not? 9. What are several e-business applications that you might recommend to a small companyto help it survive and succeed in challenging economic times? Why?

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