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Explain the benefits of the project, which include tangible and intangible benefits.

1 min read
Posted on 
May 18th, 2023
Home Homework Help Explain the benefits of the project, which include tangible and intangible benefits.
Project benefits are both tangible and non-tangible. The new accounting system is expected to increase accuracy and speed of data entry, which in turn will allow Bell Mountain’s management team to take better and faster decisions. Additionally, it should also improve record-keeping capabilities while reducing manual errors; this can lead to greater accuracy in financial reports which is essential for a business’s success.

As for intangibles, the implementation of the new platform should foster better working relationships as all employees will be able work together more effectively. It may facilitate smoother operation by allowing employees to see the whole picture across departments. This can allow them to identify issues and correct them before they escalate.

Bell Mountain will reap many benefits from the overall project.

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