Skip to main content

Posts

Showing posts with the label business and electronic data processing

Electronic Data Processing In Business

NEED OF ELECTRONIC DATA PROCESSING Today, no business can exist without information . There is no more business without information. To improve the business there is a need to improve data processing and information system. Now it’s the age of competition that involves information technology for faster and accurate data processing . These days computer is playing a main role in every field of life. It is also playing a central role in business . In business, a large amount of data has to be processed daily. It is impossible to process such a large amount of data without a computer. Explain importance / need of electronic data processing in business We know that a computer can process data accurately and quickly. The need of data processing in business is clear. Following are the reasons: 1) RECORD KEEPING An organization cannot exist without records. Record keeping is a difficult and complex problem. Electronic data processing has simplified it. Receiving, storing, pro...