Supply collaboration with accounting management systems in Toa Corporation, Bangladesh office

Abstract

The purpose of this report is to explore Toa Corporation’s accounting management systems to better understand the improvement in the collaborative relationships between accounting and supply chain. The contemporary management of Toa Corporation has ended the organization centric view of corporate competition and the current finance and accounting system model to make the previous unimportant in many instances. Today’s culture of business is highly influenced by strife between supply chain partners than enterprise centric policies and decisions. In this consequence, these integrative systems connect supply chain partners in a manner that is closely coupled than consolidated entities. Current technology has accelerated new business structure to appear and grabbing the market, but the accounting management systems has failed to maintain its compatibility and cognizance as this new business forms has arisen. The report reflects how Toa Corporation has changed the accounting management systems by using electronic data interchange and thus achieved the collaboration with supply chain management.