Advantages of Computerizing the Activities of Business

The main advantages of computerizing the activities of9. Database: Computer facilities the establishment of
business organization are as follows:database. Such a database integrates data records
Advantages:and reduces data redundancy.
1. Speed: Computerisation helps in processing the data10. Reduction in paper work: The use of computers for
placed in several data files in no time. This is possibledata processing has helped the management of
due to the high speed of computers for processingbusiness organizations to cope with increasing problem
data and CPU of the computer works at the speed ofof paper handling. The computers have speeded up
electricity which is the highest ever attainable speed.the process and have eliminated the paper needs
2. Accuracy: The data processed by the computerthrough the storage of data in elaborately constructed
are highly accurate. The programs written on thedata bases and files.
system checks and controls data before and during11. Reduced cost: Though the initial investment for
processing. It detects invalid data and ensures highinstalling a computer is high, but it substantially reduces
degree of accuracy and reliability of output reports.the cost of each of its transaction. Cost reduction
3. Flexibility: The modern digital computers can be usedoccurs due to processing of huge data and record
for a variety of purposes. E.g. online processing,keeping.
multiprogramming etc.12. Facilitates report preparation: Computer facilitates
4. Choice of Configuration: Wide ranges of peripheralsthe preparation of various types of reports required by
are available for many computer systems, which alloworganizational executives for the purpose of decision
business organization to select those which most suitmaking and control.
its processing requirements.13. Reduce the space requirements: The use of
5. Storage capacity: Large volumes of data can becomputer for office activities reduces the requirements
conveniently stored, accessed and altered.of office space which otherwise is required.
6. Management information: They can be used to14. Reduces the manpower requirement: The number
provide useful information of management for controlof persons required for performing various
and decision making.organizational activities will be reduced by using a
7. Data Processing: Computer has lifted the heavycomputer system.
data processing constraint with the manual system15. Increased ability to perform computations:
and has opened up new avenues for planning, controlComputers perform computations with a very high
and data experimentation.speed.
8. Volume: Computers can store volumes of data andDiligence: Being a machine, it does not suffer from
can retrieve the desired information quickly. This isboredom, tiredness or lack of concentration, even if
very useful in the areas like insurance, bank accountsmillions of computations are to be performed by a
etc where large number of documents is handledcomputer. It performs the calculations with same
every day.accuracy and speed.