Dubai Fahidi heights Al hamriya | London DA16 3DJ Welling
Accounting & Bookkeeping /

MIS Reporting

MIS Reports are reports required by the management to assess the performance of the organization and allow for faster decision-making. There is the management, the information, and the system. At the heart of it, such a system is one that will provide important information to the management of the company. The following are some of the justifications for having an MIS system

  • Decision makers need information to make effective decisions. Management Information Systems (MIS) make this possible.
  • MIS systems facilitate communication within and outside the organization – employees within the organization are able to easily access the required information for the day to day operations. Facilitates such as Short Message Service (SMS) & Email make it possible to communicate with customers and suppliers from within the MIS system that an organization is using.

MIS

Reporting

Some type of management reporting are as below:-

  • Accounting reports- to obtain information on the financial position, operational performance and economic activities of the business.
  • Financial reports- to determine the financial condition of an organisation as required by shareholders, creditors and government units.
  • Inventory reports- to manage the Inventory effectively since the actual status of stock items is obtained.
  • Management control reports- to utilize budgets, cost center reports, scenario reports etc. for controlling activities.

Management information systems find their way into just about every aspect of a company. They work with the people in the company, the technology in the company, its products, and the inter-relationships between all of these on a day-to-day basis. If company implement an MIS system, then the levels of efficiency could potentially achieved.

We are committed to make our clients business more efficient and processes more streamlined.

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Dubai Fahidi heights Al hamriya | London DA16 3DJ Welling

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