ANSWERS: 1
  • As a business owner you may be unfamiliar with the benefits that a MIS (management information system) can bring to your company. A MIS has many elements that can benefit your company, employees and clients.

    Database Storage

    Within a MIS, you have database storage. You can save and retrieve information about, for example, your inventory and about your customers here.

    Planning

    A MIS aids in planning meetings, conferences and daily events. The system even includes features that will send you and others reminders.

    Security

    A MIS comes with security-enabled features that will protect your data and your network from hackers. These features monitor your data and the programs run on your workstations.

    Financial Record Storage

    You can easily reconcile your financial information such as sales, incoming payments and expenses with a MIS. When the system's report features are enabled, the MIS can generate printouts of any record you may need at any time.

    Cost

    Through the use of a MIS, you will save time and money. You can eliminate the often timely and expensive use of paper records. That will also eliminate the need for certain staffing.

    Source:

    Advantages of MIS

    Managing a Business

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