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Is535 Project Plan

In: Computers and Technology

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Project Plan

IS583

Students: Terrance Clayton

Professor: Wayne Freer

Date: June 19, 2011

Thomson Reuters | ONESOURCE SALE & USE TAX |

Table of Content

Brief Overview of Company ……………………………………………………………………… 3

Problem to Be Resolved ………………………………………………………………………… 4

Proposed Enterprise Technology ……………………………………………………………… 4

Implementation / Timeline ……………………………………………………………………… 6

Operations Management ………………………………………………………………………… 7

Risks ………….…………………………………………………………………………………… 7

Benefits …………………….………………………………………………………………………… 8

How to Measure Success ..………………………………………………………………………… 10

Bibliography …………………………………………………………………………………… 12

A.) Brief Overview of the Company or Enterprise
Ultra Stores, Inc. was founded in 1997 by CEO Daniel Marks it’s based in Chicago Illinois. The company was formerly known as Ultra of Illinois, Inc. and changed its name to Ultra Stores, Inc. in November 1997. Ultra Stores, Inc. operates as a specialty retailer of fine jewelry; they manufacture and import diamonds, gemstones, and gold jewelry. The company also offers platinum, silver, titanium, tungsten, cubic zirconia, moissanite, and pearls. The company operates 163 stores in more than 40 states, they employ between 500 – 1000 employees. The company is privately held Chicago investment firm Crystal Capital owns a majority stake in Ultra Stores.
Below is the organization hierarchical:

Revenues and expenses are expected to increase on average by 4% and 3%. Below is the estimated profit for the next four years.

B.) Problem to be resolved
Currently we have two full-time accountants that process the sales & use tax returns manually for 43 states and 33 jurisdictions. The problem with a manually system is that its more prone to errors, possibility of more frequent tax audits with a wider scope, filing cabinets full of

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