The challenges of business intelligence in the management of companies. The role of 3. m syndrome of accounting systems in business intelligence

Absztrakt

The content of this paper can be summarized as follows: every enterprise has at least a few unique features in its own accounting information system, as well as in its management support system. On the other hand, general ERP (Enterprise Resource Planning) systems are not designed to support these unique accounting features of firms. These features are basic of the Business Intelligence of the firm, and mainly found in the decision-support part of information system, and are determined by the data model of the information system. Furthermore, managers continuously have to develop their decision-support information systems. Contribution to the literature: there are always three data-models present when designing application development schemes for accounting information systems: the data model for the new information system defined by long-term strategic goals, the data processing model used so far, and furthermore, the data model of the bought or adopted information system. As such, one must be very careful when changing the accounting information system of one’s firm.