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Other than spreadsheets, describe how modern technology can be used by the finance department.

      

Other than spreadsheets, describe how modern technology can be used by the finance department.

  

Answers


Lydia
? Database – can be used to sort large quantities of information on suppliers and
customers
? Word Processor – can be used to send letters and invoices to customers
o Preparing financial reports
? PowerPoint – used to present information to staff
? Internet – used to check share prices/exchange rates
o Online banking saves travelling to the bank
? Video-conferencing – finance manager can hold meetings with other managers
without leaving their office
? E-mail – messages can be sent to more than one employee at a time
? Attachments - can be sent to customers exampls invoices
? Network (LAN/4G/Cloud) – can share files with all staff members
? Smartphone – allows for teleworking/remote meetings
lydiajane74 answered the question on May 31, 2018 at 17:52


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