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.