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| Topic: |
Book Reports
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| Number of pages / Number of words: |
11 / 2900 |
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Before Riordan made any changes they did extensive research on the products so they could get a state of the art system that will resolve all the problems they had before they went to this system. The total cost of this system would be about $1,350,000. Riordan board members and CEO agreed on paying this price, the way it was done was Riordan paid $250,000 in January and April, the balance that was owed was financed at the interest rate of 8% which was for sixty months and started on May 1, 2005...
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The corporate office held all the licenses for a fully integrated window based ERP manufacturing, distribution and financial management software. This application was designed to enable plastic manufacturing companies to use. Michigan used a vendor to developed software for their F&A applications, this vendor went out of business so they were not able to get any updated for the software...
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