Professional Documents
Culture Documents
Information &
Communication Technology
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EMAIL : humoudkonde@gmail.com
Date: 06/06/2020
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Methods of Assessment
Continuous Assessment - 30%
Semester Examination - 70%
Transactional role of ICT in the organization
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IN THE ORGANIZATION
Learning Objectives
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Learning Objectives
The Meaning of ICT.
Categories of ICT in business.
Transactional role of ICT in the organization.
The Meaning of ICT
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1. Payroll
The transaction processing subsystems used to
produce paychecks for employees are called Payroll
processing systems.
These systems also must produce data for tax
purposes.
Additionally, payroll-processing system must keep
track of such items as social security payments, union
dues, and group insurance deductions.
The transactional role of ICT in the org (Cont
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2. Order entry
The order entry system is transaction processing
subsystem that processes customer orders.
Orders may come from variety of sources:
Perhaps by mail, phone, and fax-from customers
who are ordering on demand basis.
The order entry function is usually the responsibility of
the sales in the organization.
The transactional role of ICT in the org (Cont
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3. Inventory
The amount of goods a store or business has for sale at
any given time is called inventory.
An inventory system monitors the quantity of each
product available for sale and helps ensure that proper
stock levels are maintained.
This is a technology solution used to integrate all
information regarding stock level movement for an
organization.
The transactional role of ICT in the org (Cont
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4. Invoicing
The invoicing in the transaction processing subsystem
that creates invoices and some times, packing slips.
E–Invoice is a scanned form or printed paper and may
be sent electronically to the client for payment over the
internet.
A packing slip shows little more that what products are
contained in shipment; prices are either hidden or
missing.
Simply, a packing slip is what is included in a
shipment.
The transactional role of ICT in the org (Cont
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5. Purchasing
The process of buying products or services is termed as
purchasing.
Many companies use a central purchasing department
to procure the goods they need.
The advantages of centralized purchasing department
are cost control, vender control, and taking advantage
of discount realized by quantity buying.
The major disadvantage is inconvenience to the other
departments in the organization for whom the goods
are being purchased.
Test Your Mind
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QUESTIONS
1) Briefly, state the meaning of ICT.
2) In business, how many categories of ICT? In
short, explain them.
3) Clearly, summarize how the transactional role of
ICT helps the organization.
End
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Thank You.