Sargento Auto Bulbs wants to replace their current financial systems with a new company-wide networked transaction processing system to improve data accuracy, processing times, and real-time reporting across departments. They demonstrated a prototype using Microsoft Access that connects all customer and sales data into a single database, allows electronic reporting and data sharing, and aims to streamline the sales to billing process. Moving forward, they plan to consider a web-based interface and further integration with other business systems.