Acc. benefit category | Variables | Greece (N = 76) | |||
|
| Total Mean | Textile (N = 21) | Textile products (N = 32) | Apparel manufacture (N = 23) |
IT acc. benefits | ERP gathers data easier | 5.35 | 5.29 | 5.25 | 5.52 |
ERP gathers data more quickly | 5.35 | 5 | 5.28 | 5.78 | |
ERP processes results easier | 5.16 | 5.52 | 5 | 4.96 | |
Reduction of time for transaction entry | 5 | 4.76 | 5.19 | 5.04 | |
The accounting department communicates easier | 4.09 | 3.86 | 4.19 | 4.22 | |
Total Mean IT acc. benefits | 5.22 | 4.89 | 4.99 | 5.1 | |
Managerial acc. benefits | Improved working capital control | 4.8 | 4.9 | 4.53 | 4.96 |
Increased use of financial ratio analysis information | 5.17 | 5.33 | 5 | 5.17 | |
Reduction of time for issuing payroll | 5.32 | 5.57 | 5.13 | 5.26 | |
Total Mean Managerial acc. benefits | 5.1 | 5.27 | 5.89 | 5.13 | |
Operational acc. benefits (cost) | Reduction of personnel of accounting department | 4.11 | 4 | 4.06 | 4.26 |
Total Mean Operational acc. benefits (cost) | 4.11 | 4 | 4.06 | 4.26 | |
Operational acc. benefits (time) | Reduction of time for closure of annual accounts | 5.42 | 5.48 | 5.31 | 5.48 |
Reduction of time for closure of monthly accounts | 5.31 | 5.24 | 5.47 | 5.22 | |
Reduction of time for closure of quarterly accounts | 5.39 | 5.24 | 5.31 | 5.61 | |
Reduction of time for issuing of financial statements | 5.55 | 5.71 | 5.59 | 5.35 | |
Total Mean Operational acc. benefits (time) | 5.42 | 5.42 | 5.42 | 5.42 | |
Organizational acc. benefits | Improved decisions based on timely and reliable | 5.42 | 5.48 | 5.38 | 5.39 |
Improved internal audit function | 4.65 | 4.81 | 4.63 | 4.52 | |
Improved quality of reports statements of account | 5.66 | 5.62 | 5.53 | 5.83 | |
Increased flexibility in information generation | 5.2 | 5.19 | 5.03 | 5.39 | |
Increased integration of accounting applications | 5.23 | 5.29 | 5.19 | 5.22 | |
ERP is user friendly with other departments | 5.04 | 5 | 4.94 | 5.17 | |
Total Mean Organizational acc. benefits | 5.2 | 5.23 | 5.12 | 5.25 | |
Total | Total Mean of benefits | 5.17 | 5.12 | 5.05 | 5.18 |