Electronic Data Interchange in Finance and Accounting

by Robert J. Thierauf

Overview

One of the most important trends in information systems today is the increasing use of electronic data interchange whereby paper is replaced by electronic communication for transactions between companies. Written for financial and accounting professionals as well as the MIS managers with whom they interface, this book offers a comprehensive discussion of the elements of EDI systems that are particularly useful in finance and accounting applications. Thierauf introduces the underlying framework for EDI, comparing it to the present paper operating mode; explains the fundamentals of national and international electronic communication, and explores the hardware and software necessary as well as the typical costs involved. Numerous real-world case studies are included to demonstrate the feasibility, development, and implementation of EDI systems in finance, accounting, and banking operations.

The text's structure follows a logical sequence from concept through application designed to assist the typical end user in the design and installation of an EDI system. Part One shows the relationship of EDI systems to various types of management information systems and discusses factors underlying both U.S. and international systems. In Part Two, Thierauf investigates the currently available EDI hardware and software and presents a custom-designed approach to software. In the final chapter of Part Two, Thierauf provides in-depth treatment of typical EDI applications as well as the design considerations for their development. The feasibility of undertaking an EDI system and detailed procedures for developing and implementing such a system form the focus of Part Three. Separate chapters cover EDI in strategic planning, banking, finance, and accounting. Numerous figures amplify points made in the text. In addition to providing a thorough guide to EDI for accounting, finance, and MIS professionals, this volume will also be ideal as a supplemental text for undergraduate and graduate courses in business information systems.

Product Details

ISBN-13:	9780899305424
Publisher:	Bloomsbury Academic
Publication date:	05/11/1990
Series:	113
Pages:	256
Product dimensions:	6.14(w) x 9.21(h) x 0.62(d)

About the Author

ROBERT J. THIERAUF is Professor of Information and Decision Sciences at Xavier University and a certified public accountant. He is the author of twenty-three previous texts, including Group Decision Support Systems for Effective Decision Making: A Guide for MIS Practitioners and End Users (Quorum, 1989), and New Directions in MIS Management (Quorum, 1988).

Table of Contents

Preface
A Framework for Developing Electronic Data Interchange Systems
An Introduction to Electronic Data Interchange
National Electronic Communication
International Electronic Communication
Hardware and Software for Electronic Data Interchange Systems
Hardware and Data Bases in an EDI Environment
Packaged and Custom-Designed Software in an EDI Environment
Development of Electronic Data Interchange Systems
Feasibility, Development, Implementation of EDI Systems
Typical Applications of Electronic Data Interchange Systems
EDI in Strategic Planning
EDI in Banking
EDI in Finance
EDI in Accounting
Bibliography
Index

Editorial Reviews

One of the most important trends in information systems today is the increasing use of electronic data interchange whereby paper is replaced by electronic communication for transactions between companies. Written for the financial and accounting professionals as well as the MIS managers with whom they interface, this book offers a discussion of the elements of EDI systems that are particularly useful in finance and accounting applications. Numerous real-world case studies are included. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Booknews