Feature of Mis

Topics: Information systems, Management, Transaction cost Pages: 5 (1589 words) Published: March 9, 2008
Features of MIS
Management information systems can be used as a support to managers to provide a competitive advantage. The system must support the goals of the organization. Most organizations are structured along functional lines, and the typical systems are identified as follows: 1.Accounting management information systems:

All accounting reports are shared by all levels of accounting managers. The management of the information which at the accounting department is one of the most important factors in determines the effectiveness and efficiency of the department. The information that gathers included the invoice, account document, payment, draft, banking document and etc. It is important to ensure the validity and the accuracy of the information that provided to the department.

The information is usually arrange and manage by computer system compare to the human power which written down in black and white. The software and system which use for the management of the information in accounting were UBS system, SQL system and other relevant system that can manage the accounting information files. The system using especially the SQL system is the most suitable system to maintain and reorder the accounting department information. The information that gather mixed or not in order is easily recognize by the system and determine the detail and type it's use to be.

In the accounting department, the information is an important element that running the operation of the department. The accounting department is relying on the information as well as other department that rely on it in the other way around. It is important that other department give the invoice and other accounting relevant document to the accounting department for management and kept. It is also vital that the accounting department provide the right and accurate information to the organization and other department. The reliability and prediction of the information determine the future of the organization and the trustee of public to the organization. 2.Financial management information systems:

The financial management information system provides financial information to all financial managers within an organization including the chief financial officer. The chief financial officer analyzes historical and current financial activity, projects future financial needs, and monitors and controls the use of funds over time using the information developed by the MIS department.

The information that has for financial department will determine the budget and the planning for the organization. In establish or development for the organization, the financial information that gathers will determine the size of the company. The information that gathers also shows the financial status of the organization in development feature. In order to make sure the security of the information of the organization, the information is well keep and in choosing for the ordinate for the financial department, only those who are qualifies will be chosen.

The information systems cost estimating is an important management concern. An estimate helps to cost justify individual proposals, to schedule their development, to staff them, to control and monitor their progress, and to evaluate estimators and implementers. Through a case study of a chemical manufacturer, the investigation reported in this article facilitates a better understanding of the management of the cost estimating process. Interviews with 17 information systems managers and staff members, and four user managers confirm that the practice of cost estimating can be viewed in terms of both a Rational Model and a Political Model, can identify impediments to accurate estimating, and can provide suggestions and warnings for managers and future researchers. Benetton , for example, operates a network of 4,000 shops in 62 countries with estimated revenues of $1.2 billion in 1989. The company uses a communication network that...
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