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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 882 |
Essay's paper body
An employee must validate the information and make corrections if necessary. This amounts to considerable time exhausted. Overall, information is manually entered and passed among 3 systems, which allows a greater chance of error and inaccuracy.
Our proposal or solution to this problem would be to replace the existing Mutual Fund Access Database with a new automated database, which would support the transfer functionality...
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We are highly confident that this new system would complete and support the audit trail of incoming mutual fund transfers at LPL Financial. As stated in chapter 2, "an audit trail of transactions maintained within a company's system enables information users to follow the flow of data?" We would first concentrate on the automation and the support of mutual fund transfers...
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