Categories of information systems for automating your business
Category: Information Systems
Information systems for business control and management can be divided into two main groups:
Management Information Systems (MIS), and Operational Systems.
Information systems for business control and management
MIS is designed to:
Evaluate current operations:
— To analyse the current situation (profitability of orders, products, markets etc.)
— To analyse the consequences of decisions (decision modelling using specific methods of analysis)
— To forecast and develop the business, develop budget forecasts (for contracts, products, markets etc.)
— To assess actual data (actual costs/benefits by contract, by product, by market etc.)
— To analyse deviations between planned and actual figures
Whereas operational systems are designed to:
Automate business processes in the following spheres:
— Production
— Supplies
— Sales
— Warehousing
Automate financial and tax accounting