Module 3 - Case: Information Flows And Financial Management

Information Flows And Financial Management in the Kuali System

Information Flows And Financial Management in the Kuali System

Each and every business has small and large particular shape or structure. The structure of an organization received mainly define by divisions, levels, decision making power and purposes. However, every firm can be different in terms of structure, they often use to share all conditions for the interpretation & information's movement (Haag et al. 2006).

It got to observe that the message never moves or flow in only one direction in the market. It can only moves horizontally, vertically inward flow and outward flow of information. These type of difficult directions from the ways of the organizational information. As information moves with these particular directions and dimensions, it got to manipulate, cleared and briefly summarized. All dimension and its target identifies the finishing product and its significant reason.

In most of the organizations, there are five informational directions; horizontal flow, inward flow, outward flow, downward flow and vertical flows. The foundation of Kuali system reflects one of these establishments (Haag et al. 2006). The Kuali foundation represents the entity that develops the system of financial information in the academic sector. The Kuali Foundation got to base on the non-profit organization that is mainly responsible for evolving and sustaining a comprehensive suite regarding the administrative software. It got to use in the market for meeting the requirements of all institutions of Carnegie Class. The members of Kuali foundation include colleges, universities and business firms with the requirements of the software. The central objective of this firm is to convert the complex applications' legacy into comfortable and more universal services. Its mission is to bring the proven functionality of applications based on the legacy to the ease and online services' ...