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Ronak Shah
Dhaval Shah
Bhavini Gala
Vrushali Gayakar
Viveik Mishra
Ankit Vithlani
DEFINITION OF MIS
A management information system (MIS) is a system
or process that provides the information necessary to
manage an organization effectively.
The MIS is defined as an integrated system of Man
and Machine for providing the information to support
the operations, the management and the decision
making function in the organization.
Goals of MIS
Enhance communication among employees.
Deliver complex material throughout the institution.
Provide an objective system for recording and
aggregating information
Reduce expenses related to labor-intensive manual
activities.
Support the organization's strategic goals and
direction.
Just like a “heart” to a body
is MIS to any organization
Role of MIS
Destination 1
Source 1
Source 2 Destination 2
M.I.S.
Source 3 Destination 3
Source 4
MIS is expected to fulfill the
MIS information needs of:
• collects information from an individual,
various sources, a group of individuals and
• Processes & management functionaries:
• Sends it to the needy • the managers and
destinations
• the top management
Unstructured
decisions
• Top Level MIS &
•Top Manager
The user
More • Middle Manager Strategic
responsibility & Planning
Accountability
• Junior Manager
Long Term
– An Officer
Planning
– An Executive Officer
• Strategic planning
• Management control
• Operation Control &
• Transaction Processing
MIS & Support to Business
System Business System MIS
Components
Documentation of Expenses
Reporting.
Internal Controls
Types of FMIS
CORE
NON-CORE
IFMIS
FUNCTIONS OF IFMIS
Provides accurate & consistent data
OPERATIONAL
OPERATIONAL LEVEL
MANAGERS
SALES & MANUFACTURING FINANCE ACCOUNTING HUMAN
MARKETING RESOURCES
RELATION OF MIS & BUSINESS PLAN