1key bi for mis from tally
TRANSCRIPT
MIS ConceptMIS ConceptMIS with 1KeyMIS data capturing in Tally vis-à-vis 1Keyp g y y◦ Purchase & Sales◦ Income, Expenses & cost center
I & h◦ Inventory & othersFinancial Consolidation◦ Challenges in Tally◦ Challenges in Tally◦ Generating Schedule VI Balance SheetMONDIAL’s Offeringg
Implemented by
IT Consultancy•Software Advisory Service
•Evaluation
HR Consultancy• Permanent & Temp Staffing
HR Process ImplementationEvaluation •Project management
• IT ImplementationProcess Cons lting
• HR Process Implementation
• HR Policy & Manual
• Process Consulting• Interface Development
OutsourcingFinance Consultancy Outsourcing• Payroll• Recruitment
Finance Consultancy• Risk Planning• Retirement Planning• Children Education Plan • Children Marriage Plan• Wealth Creation Planning
Implemented by
g
StrengthsStrengths◦ Rich experience◦ Vertical expertisep◦ Qualified consultantsSome of the clients
Implemented by
DefinitionDefinition◦ Provides periodical standard set of reports to
management for decision makingg g◦ Collects information from multiple data sources to
generate management reportsG l f d k◦ Generates exceptional reports for decision making rather than statutory requirements
Implemented by
DefinitionDefinition
Data to Decision
Other NamesExecutive Information SystemsExecutive Information SystemsDecision Support Systems
Implemented by
On TimeAs required yet dynamicCrisp yet detailedCrisp yet detailedAccurateConsistentConsistentComprehensive
Implemented by
Business Transactions
Business Aid Transactions
Other External dataTransactions
• Manufacturing
Transactions
• Human
data
• Market Survey• Purchase• Sales
Resource• Marketing
• Current information
• Customer service
department• Finance
d
• Data in manual files
department
Implemented by
Employees
Corporatedatabasesofinternal
Databasesofexternal
Corporateintranet
internaldata data Decision
supportsystems
Databasesof
Transactionprocessing
Managementinformation
ExecutivesupportBusiness Application
validtransactions
p gsystems systems
ppsystemstransactions databases
Operational
Expertsystems
Drill-down reportsException reportsDemand reports
Key indicator reportsOperationaldatabases
Input anderror list
Key-indicator reports
Scheduledreports
Implemented by
Daily Sales - Key Indicator ReportDaily Sales Key Indicator Report
S l K I di t R tSales - Key Indicator Report
Period ThisMonth
LastMonth
LastYearMonth Month Year
Total Orders Month to Date 1,808 1,694 1,014
Forecasted Sales for the Month 2 406 2 224 2 608Forecasted Sales for the Month 2,406 2,224 2,608
Implemented by
FormatsFormats◦ Graphical◦ Comparativep◦ DescriptiveAnalyticaly◦ Drill down◦ Slice & Dice◦ Ad-hoc queries
Implemented by
FormatsFormats◦ Graphical◦ Comparativep◦ DescriptiveAnalyticaly◦ Drill down◦ Slice & Dice◦ Ad-hoc queriesExceptionalTime scale◦ Scheduled
Implemented by
◦ Need based
Daily Sales Exception Report – ORDERS OVER 10,000/ /Prepared: 08/10/xx
Order#
CustomerID
Sales Rep ID
ShipDate Quantity Item # Amountp Q y
P12453 C89321 CAR 08/12/06 144 P1234 13,214P12453 C89321 CAR 08/12/06 288 P3214 15,660P12453 C03214 GWA 08/13/06 12 P4902 11,224
… … … … … … …… … … … … … …
Implemented by
Daily Sales Detail ReportPrepared: 08/10/xxPrepared: 08/10/xx
Order#
CustomerID
Sales Rep ID
ShipDate Quantity
Item# Amount
P12453 C89321 CAR 08/05/06 144 P1234 3,214P12453 C89321 CAR 08/06/06 288 P3214 5,660P124 3 C03214 GWA 08/0 /06 12 P4902 1 224P12453 C03214 GWA 08/07/06 12 P4902 1,224P12455 C52313 SAK 08/08/06 24 P4012 2,448P12456 C34123 JMW 08/09/06 144 P3214 720P12456 C34123 JMW 08/09/06 144 P3214 720
Implemented by
Positive impact on the bottom linePositive impact on the bottom line◦ Increased revenue◦ Reduced cost
Better control
Timely business decisions
Increased productivityIncreased productivity
Better strategiesg
Leverage on investment including in IT
Implemented by
High brand equity
MIS is a set of integrated collection of functional information systems, each supporting particular functional area
Implemented by
An Organization’sInternet An Organization sMIS
FinancialMIS
Internet
MIS
Drill down reports
Businesstransactions
AccountingMIS
Drill down reports
Exception reports
Demand reports
Databasesof
valid
Transactionprocessing
systems
MarketingMIS
Key-indicator reports
Scheduled reports
validtransactions
systems
HumanResources
Databasesof
Businesstransactions
Etc.ResourcesMISexternal
dataExtranet
Implemented by
Provides financial information to all financial mangers in theto all financial mangers in the organizationg
Implemented by
Strategic plans & corporate policiesStrategic plans & corporate policies◦ Contains major financial objectives and often
project financial needsj◦ Financial budgets at various levelsTransaction Processing Systems (TPS)◦ Financial information from various functional
applications viz. payroll, inventory, accounts i bl t bl l l dreceivable, accounts payable, general ledger
◦ External sources◦ Annual reports and financial statements of the◦ Annual reports and financial statements of the
competitors & other news items
Implemented by
Databases of Financial
B i
Databases ofexternal data
Databases ofinternal data
FinancialDSS
Databasesof valid
Transactionprocessing
Businesstransactions
Financialof validtransactions
for eachTPS
processingsystems MIS Financial
applicationsdatabases
Financial statements
Businesstransactions
FinancialUses and management
of funds
Financial statistics
Operationaldatabases
Extranet
Internet or
Extranet
FinancialES
for controlExtranetExtranet
Businesst ti
Customers,Suppliers
Implemented by
transactions Suppliers
Provides information related toProvides information related to raw material, finished goods,
d i b h d i iproduction batches, productivity, cost-sheet etc… to operationalcost sheet etc… to operational and management teams
Implemented by
Strategic plans and corporate policiesStrategic plans and corporate policiesVarious TPS:◦ Order processingOrder processing◦ Inventory data◦ Production processp◦ Production benchmarks◦ Various cost componentsExternal Sources
Implemented by
Databases ofDatabases ofi t l d t
ManufacturingDSS
Business
external datainternal data DSS
Databasesof valid
t ti
Transactionprocessing
t
transactions
ManufacturingMIS Manufacturingtransactions
for eachTPS
systems
B i
MIS Manufacturingapplicationsdatabases
Quality control reports
Process control reports
JIT tOperational
Businesstransactions
ManufacturingESJIT reports
pdatabases
Extranet
Internet or
Extranet
ES
MRP reports
Production schedule
Businesstransactions
Customers,Suppliers
CAD output
Implemented by
Design & engineeringDesign & engineeringMaster production schedulingInventory controlManufacturing resource planninga u actu g esou ce p a gJust-in-time inventory & manufacturingmanufacturingComputer integrated manufacturing (CIM)Quality control and testing
Implemented by
Quality control and testing
Supports managerial activities inSupports managerial activities in product development, distribution,
d d lpricing decision and promotional activities
Implemented by
St t i l d t li iStrategic plan and corporate policies
TPSTPS:◦ Lead management◦ Customer Relation◦ Sales order processing
External Sources◦ Competitors data◦ Market surveys
Implemented by
y
Databases ofDatabases ofi t l d t
MarketingDSSexternal datainternal data DSS
Databasesof valid
t ti
Transactionprocessing
tBusiness
transactionsMarketing
MIS Marketingtransactionsfor each
TPS
systemstransactions MIS Marketingapplicationsdatabases
Sales by customer
Sales by salesperson
S l b d tO ti lMarketing
ESSales by productOperationaldatabases
ES
Pricing report
Total service calls
Customer satisfaction
Implemented by
Need of a powerful applicationNeed of a powerful applicationRequirements of the application◦ Provides reports with fixed & standard formatProvides reports with fixed & standard format◦ Uses existing data in the application◦ User friendly – defining reporty g p◦ User based access to data◦ Enables ad-hoc querying on data◦ Enables generating exception reports for better
control and decision makingA ibl t li bl◦ Accessible to as many users as applicable
Implemented by
View Cube Chart SchedulerView Cube Chart Scheduler
Single CPU Server for 5 MIS Users across 3 Group Companies
Implemented by