What are the Key Factors Influencing Successful Implementation of Accounting Information Systems for Resource Planning? A Case Study of Rubber Wood Companies in Thailand
Keywords:
key success factors, accounting information system, resource planning, rubber wood companyAbstract
Abstract
The study objectives were (1) to evaluate the success level of accounting information systems (AISs) for resource planning of rubber wood companies in Thailand, and (2) to investigate the influence of the key factors on successful implementation of AISs for resource planning of rubber wood companies in Thailand. The population included all companies in rubber wood industry in Thailand. By quota and simple random sampling, 110 out of 153 companies were employed as the samples. Descriptive analysis and multiple regression are used to analyze the data. The study found that the average success level of AISs for resource planning of rubber wood companies was at the high level. In terms of the key factors influencing successful implementation of AISs for resource planning of rubber wood companies, the results indicated that the AISs success was at the highest level for top management support; at the high level for quality of AISs, organization structure, and user characteristic; and at the moderate level for user participation. Moreover, the two factors, top management support and quality of AISs, had significant positive influence on successful implementation of AISs for resource planning of rubber wood companies in Thailand. The suggestions arising from this study can assist companies seeking to achieve successful implementation of their AISs for resource planning.
Keywords: key success factors, accounting information system, resource planning, rubber wood company
References
Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99-120.
Burana, P. & Limpsurapong, C. (2014). Organizational development strategy and organizational survival: evidence from Para Rubber Cooperatives in Thailand. Master Thesis, Faculty of Liberal Arts and Management Science, Kasetsart University, Chalermphrakiat Sakon Nakhon Province Campus, Thailand.
Chaimee, W. (2008). Principle of ERP management for manufacturing. Nonthaburi: TPIM.
Chanprasert, S. (2010). The study of ERP technology acceptance case study Ubonratana Dam Electricity Generating Authority of Thailand. Independent Study, College of Innovation, Thammasat University, Bangkok, Thailand.
Cronbach, L.J. (1951). Coefficient alpha and internal structure of tests. Psychometrika, 16(3), 297-334.
DeLone, W.H. & McLean, E.R. (2003). The DeLone and McLean model of information system success: a ten-year update. Journal of Management Information Systems, 19(4), 9-30.
Fayol, H. (1949). General and industrial management. NY: Pitman.
Kamhawi, E.M. (2007). Critical factors for implementation success of ERP systems: an empirical investigation from Bahrain. International Journal of Enterprise Information Systems, 3(2), 34-49.
Kammongkol, W. (2009). The effect of organizational support and the efficiency of modified resource management using ERP in Rajamangala University of Technology Isan. Master Thesis, Mahasarakham Business School, Mahasarakham University, Mahasarakham, Thailand.
Khetpiyarat, P., Chemsripong, S., Sanghiran, M. & Na Krom, W. (2013). A development of a causal model of the factors influencing organizational performance of exporting gems and jewelry industry in Thailand. Journal of Business, Economics and Communications, 8(2), 99-113.
Khunthong, U., Kumsuprom, S. & Srivoravilai, N. (2014). The success factors of using the Enterprise Resource Planning System in accounting and finance affecting the change of the accountants and finance officers’ roles and leading to the efficient operation of the business enterprises in Thailand. Suthiparithat, 28(86), 295-321.
Muansrichai, S. (2011). Factors affecting the acceptance of the ERP software from the perspective of accounting users. Master Thesis, Faculty of Commerce and Accountancy, Thammasat University, Bangkok, Thailand.
Panmalee, R. & Limpsurapong, C. (2014). Perceived organizational support and organizational culture affect to firms performance: evidence from day spa business’s employees in Thailand. Journal of Liberal Arts and Management Science, 1(1), 1-11.
Promjak, N. (2016). Factors affecting efficiency of using accounting information systems for enterprise resource planning of companies in Northern Region Industrial Estate, Lamphun Province. Independent Study, Faculty of Business Administration, Chiang Mai University, Chiang Mai, Thailand.
Rornsuek, W. (2012). Study on factors towards for success in the enterprise resource planning by the DeLone and McLean model of information systems success (2003): a case study of metal company in metal industry. Independent Study, College of Innovation, Thammasat University, Bangkok, Thailand.
Sirivanh, T. & Chaikeaw, A. (2012). Factors Affecting toward Growth of Small and Medium Enterprises in Lao People’s Democratic Republic. Journal of Interdisciplinary Research: Graduate Studies, 1(2), 27-35.
Srihiran, W. (2010). Factors affecting the efficiency of accounting information using of the executive under the companies listed on the Stock Exchange of Thailand. Master Thesis, Faculty of Business Administration, Rajamangala University of Techonology Phra Nakhon, Bangkok, Thailand.
Teece, D.J., Pisano, G. & Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic Management Journal, 18(7), 509-533.
Thailand Board of Investment (BOI). (2017). Thailand’s rubber industry. Retrieved August 2, 2017, from http://www.boi.go.th/upload/content/BOI-brochure_2017-rubber-20170223_15 111.pdf.
Wernerfelt, B. (1984). A resource‐based view of the firm. Strategic Management Journal, 5(2), 171-180.
Wipassanophas, R. (2012). The relationship between attitudes that is the benefits of the Enterprise Resource Planning (ERP) with an effective attitudes of the supply chain management of the auto parts manufacturing companies in Amata Nakorn Industrial Estate. Independent Study, College of Innovation, Thammasat University, Bangkok, Thailand.
Xu, H., Nord, J.H., Brown, N. & Nord, G.D. (2002).Data quality issues in implementing an ERP. Industrial Management & Data systems, 102(1), 47-58.
Yamane, T. (1973). Statistics: an introduction analysis (3rd). NY: Harper and Row.
Yodrach, W. (2014). Effectiveness of an accounting information system affecting the performance of listed companies in the Stock Exchange of Thailand. Research Methodology & Cognitive Science, 12(2), 58-69.
