Acc. benefit category | Variables | UK (N = 82) | |||
|
| Total Mean | Textile (N = 31) | Textile products (N = 33) | Apparel manufacture (N = 18) |
IT acc. benefits | ERP gathers data easier | 5.33 | 5.42 | 5.3 | 5.28 |
ERP gathers data more quickly | 5.34 | 5.35 | 5.24 | 5.44 | |
ERP processes results easier | 5.55 | 5.45 | 5.58 | 5.61 | |
Reduction of time for transaction entry | 4.93 | 4.81 | 5.09 | 4.89 | |
The accounting department communicates easier | 4.42 | 4.29 | 4.48 | 4.5 | |
Total Mean IT acc. benefits | 5.11 | 5.06 | 5.14 | 5.14 | |
Managerial acc. benefits | Improved working capital control | 4.57 | 4.68 | 4.36 | 4.67 |
Increased use of financial ratio analysis information | 5 | 5 | 4.94 | 5.06 | |
Reduction of time for issuing payroll | 5.22 | 5.39 | 5.15 | 5.11 | |
Total Mean Managerial acc. benefits | 4.93 | 5.02 | 5.82 | 4.95 | |
Operational acc. benefits (cost) | Reduction of personnel of accounting department | 4.24 | 4.39 | 4.12 | 4.22 |
Total Mean Operational acc. benefits (cost) | 4.24 | 4.39 | 4.12 | 4.22 | |
Operational acc. benefits (time) | Reduction of time for closure of annual accounts | 5.03 | 4.97 | 5 | 5.11 |
Reduction of time for closure of monthly accounts | 5.6 | 5.77 | 5.64 | 5.39 | |
Reduction of time for closure of quarterly accounts | 5.54 | 5.65 | 5.48 | 5.5 | |
Reduction of time for issuing of financial statements | 5.57 | 5.45 | 5.45 | 5.72 | |
Total Mean Operational acc. benefits (time) | 5.44 | 5.46 | 5.39 | 5.43 | |
Organizational acc. benefits | Improved decisions based on timely and reliable | 5.26 | 5.19 | 5.42 | 5.17 |
Improved internal audit function | 4.79 | 5.03 | 4.61 | 4.72 | |
Improved quality of reports statements of account | 5.73 | 5.9 | 5.72 | 5.56 | |
Increased flexibility in information generation | 5.16 | 5.45 | 5.09 | 4.94 | |
Increased integration of accounting applications | 5.17 | 5.1 | 5.09 | 5.33 | |
ERP is user friendly with other departments | 5.32 | 5.32 | 5.21 | 5.44 | |
Total Mean Organizational acc. benefits | 5.24 | 5.33 | 5.19 | 5.19 | |
Total | Total Mean of benefits | 5.15 | 5.19 | 5.1 | 5.14 |