Internet Payroll System
...provides alternative for high-cost software available in the market. Prospective purchasers all over the world find themselves in a situation wherein they have to choose between quality and cost. There are certain products which provide high quality in exchange for a high cost; some are not as expensive though, but only provides average quality. Most companies can't afford major software products at the current price levels of the major suppliers like Microsoft, Adobe and MYOB. Business management therefore is inclined to look for alternative accounting application software that is of high quality but not as costly as major software products. Thus, PayRite Corporation came to existence. This company acquired rights to accounting application software products from an IT firm that creates computer software and makes it are accessible in the internet, making it less expensive compared to other Payroll System available in the market and provide high quality service.
The purpose of this study is to provide a basis for continued discussion, information input and potential standpoints concerning how prospective clients should view and what position it should take relating to this type of Payroll System that is available in the internet. In the background are among other things the fact that the market for accounting application software products in the Philippines is dominated by a small number of players and also the fact that there are small factors that affects the market competition. One result is high costs for customers. In many cases, suppliers have created various supplier-specific functions in the software, and the possibility at least in a short term for a customer to change to an alternative product, is thereby made difficult. Competing products, available with similar conditions, do not suffice to break this supplier dependency. Instead there is a need...
View Full Essay
