mis presentation for seminar
DESCRIPTION
This presentation was created to explain the concept of MIS during a seminar on MIS from Tally by 1Key.TRANSCRIPT
Implemented by
February 14, 2009
Implemented by
MIS Concept MIS with 1Key MIS data capturing in Tally vis-à-vis 1Key
◦ Purchase & Sales◦ Income, Expenses & cost center◦ Inventory & others
Financial Consolidation◦ Challenges in Tally◦ Generating Schedule VI Balance Sheet
MONDIAL’s Offering
Implemented by
IT Consultancy•Software Advisory Service
•Evaluation
•Project management
• IT Implementation
• Process Consulting
• Interface Development
HR Consultancy• Permanent & Temp Staffing
• HR Process Implementation
• HR Policy & Manual
Outsourcing• Payroll
• Recruitment
Finance Consultancy• Risk Planning
• Retirement Planning
• Children Education Plan
• Children Marriage Plan
• Wealth Creation Planning
Implemented by
Strengths◦ Rich experience◦ Vertical expertise◦ Qualified consultants
Some of the clients
Implemented by
Definition◦ Provides periodical standard set of reports to
management for decision making◦ Collects information from multiple data sources to
generate management reports◦ Generates exceptional reports for decision making
rather than statutory requirements
Implemented by
Definition
Data to Decision
Other Names Executive Information Systems Decision Support Systems
Implemented by
On Time As required yet dynamic Crisp yet detailed Accurate Consistent Comprehensive
Implemented by
Implemented by
Corporatedatabasesofinternaldata
Databasesofexternaldata
Databasesofvalidtransactions
Operationaldatabases
Transactionprocessingsystems
Managementinformationsystems
Decisionsupportsystems
Executivesupportsystems
Expertsystems
Businesstransactions
Input anderror list
Drill-down reports
Exception reports
Demand reports
Key-indicator reports
Scheduledreports
Employees
Corporateintranet
Applicationdatabases
Implemented by
Formats◦ Graphical◦ Comparative◦ Descriptive
Implemented by
Implemented by
Daily Sales - Key Indicator Report
Sales - Key Indicator Report
Period ThisMonth
LastMonth
LastYear
Total Orders Month to Date 1,808 1,694 1,014
Forecasted Sales for the Month 2,406 2,224 2,608
Implemented by
Formats◦ Graphical◦ Comparative◦ Descriptive
Analytical◦ Drill down◦ Slice & Dice◦ Ad-hoc queries
Implemented by
Implemented by
Implemented by
Formats◦ Graphical◦ Comparative◦ Descriptive
Analytical◦ Drill down◦ Slice & Dice◦ Ad-hoc queries
Exceptional Time scale
◦ Scheduled◦ Need based
Implemented by
Daily Sales Exception Report – ORDERS OVER 10,000
Prepared: 08/10/xx
Order#
CustomerID
Sales Rep ID
ShipDate Quantity Item # Amount
P12453 C89321 CAR 08/12/06 144 P1234 13,214
P12453 C89321 CAR 08/12/06 288 P3214 15,660
P12453 C03214 GWA 08/13/06 12 P4902 11,224
… … … … … … …
… … … … … … …
Implemented by
Daily Sales Detail Report
Prepared: 08/10/xx
Order#
CustomerID
Sales Rep ID
ShipDate Quantity
Item
# Amount
P12453 C89321 CAR 08/05/06 144 P1234 3,214
P12453 C89321 CAR 08/06/06 288 P3214 5,660
P12453 C03214 GWA 08/07/06 12 P4902 1,224
P12455 C52313 SAK 08/08/06 24 P4012 2,448
P12456 C34123 JMW 08/09/06 144 P3214 720
Implemented by
Positive impact on the bottom line◦ Increased revenue◦ Reduced cost
Better control
Timely business decisions
Increased productivity
Better strategies
Leverage on investment including in IT
High brand equity
Implemented by
MIS is a set of integrated collection of functional information systems, each supporting particular functional area
Implemented by
An Organization’sMIS
FinancialMIS
MarketingMIS
HumanResources
MIS
AccountingMIS
Drill down reports
Exception reports
Demand reports
Key-indicator reports
Scheduled reports
Databasesof
externaldata
Databasesof
validtransactions
Transactionprocessing
systems
Businesstransactions
Businesstransactions
ExtranetExtranet
InternetInternet
Etc.
Implemented by
Provides financial information to all financial mangers in the organization
Implemented by
Strategic plans & corporate policies◦ Contains major financial objectives and often
project financial needs◦ Financial budgets at various levels
Transaction Processing Systems (TPS)◦ Financial information from various functional
applications viz. payroll, inventory, accounts receivable, accounts payable, general ledger
◦ External sources◦ Annual reports and financial statements of the
competitors & other news items
Implemented by
Financial statements
Uses and managementof funds
Financial statisticsfor control
Operationaldatabases
Databasesof valid
transactionsfor each
TPS
Transactionprocessing
systems
Businesstransactions
Businesstransactions
Internet or
Extranet
Internet or
Extranet
FinancialMIS
Businesstransactions
Databases ofexternal data
Databases ofinternal data
FinancialDSS
FinancialES
Financialapplicationsdatabases
Customers,Suppliers
Implemented by
Provides information related to raw material, finished goods, production batches, productivity, cost-sheet etc… to operational and management teams
Implemented by
Strategic plans and corporate policies Various TPS:
◦ Order processing◦ Inventory data◦ Production process◦ Production benchmarks◦ Various cost components
External Sources
Implemented by
Quality control reports
Process control reports
JIT reportsOperationaldatabases
Databasesof valid
transactionsfor each
TPS
Transactionprocessing
systems
Businesstransactions
Businesstransactions
Internet or
Extranet
Internet or
Extranet
ManufacturingMIS
Businesstransactions
Databases ofexternal data
Databases ofinternal data
ManufacturingDSS
ManufacturingES
Manufacturingapplicationsdatabases
Customers,Suppliers
MRP reports
Production schedule
CAD output
Implemented by
Design & engineering Master production scheduling Inventory control Manufacturing resource planning Just-in-time inventory & manufacturing
Computer integrated manufacturing (CIM)
Quality control and testing
Implemented by
Supports managerial activities in product development, distribution, pricing decision and promotional activities
Implemented by
Strategic plan and corporate policies
TPS:◦Lead management◦Customer Relation◦Sales order processing
External Sources◦Competitors data◦Market surveys
Implemented by
Sales by customer
Sales by salesperson
Sales by productOperationaldatabases
Databasesof valid
transactionsfor each
TPS
Transactionprocessing
systems
Businesstransactions
MarketingMIS
Databases ofexternal data
Databases ofinternal data
MarketingDSS
MarketingES
Marketingapplicationsdatabases
Pricing report
Total service calls
Customer satisfaction
Implemented by
Marketing Research
Product development
Promotion and advertising
Product pricing
Implemented by
Need of a powerful application Requirements of the application
◦ Provides reports with fixed & standard format◦ Uses existing data in the application◦ User friendly – defining report◦ User based access to data◦ Enables ad-hoc querying on data◦ Enables generating exception reports for better
control and decision making◦ Accessible to as many users as applicable
Implemented by
Implemented by
Single CPU Server for 5 MIS Users across 3 Group Companies
Implemented by
1Key Demo…post break