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Mis 535 Project Proposal

In: Business and Management

Submitted By izzyfizzy2003
Words 1087
Pages 5
Isabel Perez
Isabelperez122981@gmail.com
Consolidating Multiple Systems to one Standard Supplier Relationship System
MIS 535-Managerial Applications of Information Technology
Dr. William Crumm
09/11/2015

Consolidating Multiple Systems to one Standard Supplier Relationship System

Company Background
USAA is a Texas based Fortune 500 Company comprised of several financial services groups. The company offers a multitude of products and have mission to be the Military’s provider of choice for their financial needs. USAA does not pass costs to the members, and in fact, are known for passing savings back to them. USAA is a privately held company and does not have stakeholders. USAA ranks 57th in net worth and 141st in revenue among the Fortune 500 companies. They have over 10.3 million members and rank number 5, 6 and 8 as the home insurance, auto insurance and credit card provider respectively in the United States. USAA is one of the key employers in San Antonio, employing approximately 30,000 full time employees and another 10,000 contractors. Despite not taking any of the bailout money and being a privately held organization, USAA still must follow federal regulations resulting from the 2008 Economic Crisis. In 2012, the company was found to be lacking in several areas in relation to third party management and were issued findings termed MRAs (matters requiring attention). The organization was forced to pay attention to issues they had not done in the past and hired many consultants to assist in the development of a Third Party Management program, that would help to close the gaps between USAA policies and the federal regulations.
Although the consultants gave honest and valid feedback, the organization chose not to do anything more than to purchase another system to add to the myriad of systems already in place. The company, not taking into…...

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