MIS (Management Information System) for a company

Satiate Knowledge Share Center

Newsletter Date 08th December 2015

Management Information System (MIS)

Satiate Consulting Pvt Ltd., #155,3rd Cross,3rd Main,Minhaj Nagar JP Nagar Post,Bangalore-560078. Ph:+91 9900246597,+91 9980015212

www.satiateconsulting.com


Advantages

Management information systems have changed the dynamics of running businesses efficiently. Decentrali-zation is one of the biggest advantages; it allows monitoring of operations at low levels and frees up re-sources for departmental managers to devote time to strategic activities. Coordination of specialized projects and activities is much better and decision makers in the organization are aware of issues and problems in all departments. Another advantage of MIS is that it minimizes information overload, which can be quite com-mon with conventional businesses in the modern era.

Better Planning and Control

MIS has to be designed and managed in such way that it aggregates information, monitors the company's activities and operations and enhances communication and collaboration among employees. This ensures better planning for all activities and better ways to measure performance, manage resources and facilitate compliance with industry and government regulations. Control helps in forecasting, preparing accurate budg-ets and providing the tools and vital information to employees, top management and business partners.

Aid Decision Making

The purpose of MIS is to generate synthesized and processed information from computerized/automated and certain manual systems. Information distribution to all levels of corporate managers, professionals and key executives becomes quite seamless with streamlined MIS. Managers are able to make quick, timely and informed decisions. Top management and board members can take strategic decisions, plan future growth and business expansion activities based on the data and information generated by MIS.

Disadvantages

Depending on organization deployment, usage and extraneous factors, some disadvantages related to Man-agement Information Systems can come to the fore. Allocation of budgets for MIS upgrades, modifications and other revisions can be quite tricky at times. If budgets are not allocated uniformly or as per immediate requirements, key functionalities might get effected and benefits might not be realized consistently. Integra-tion issues with legacy systems can affect the quality of output and vital business intelligence reports.

Constant Monitoring Issues

Change in management, exits or departures of department managers and other senior executives has a broad effect on the working and monitoring of certain organization practices including MIS systems. Since MIS is a critical component of an organization's risk management strategy and allied systems, constant mon-itoring is necessary to ensure its effectiveness. Quality of inputs into MIS needs to be monitored; otherwise consistency in the quality of data and information generated gets effected. Managers are not able to direct business, operational and decision-making activities with the requisite flexibility.

Satiate Consulting Pvt Ltd - www.satiateconsulting.com

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Who We Are

The company was founded in 2012 and has its principal office in the Bangalore. Creat-

ed to delivering innovation and achievement. "The cost is long forgotten but the quality

is remembered forever". We offer a wide range of management consulting services na-

tionally and internationally. We pride ourselves on the quality of work and attention to

detail that goes into all aspects of our consulting and client relationships. We offer ex-

pertise only in those areas where we have proven competence and do not seek or accept

work where we do not have the required resources or capabilities. Our professionals are

implementation and results oriented and we feel the degree of repeat business and on-

going client relationships we enjoy is due to the quality of work we deliver and the de-

gree of client satisfaction with results accomplished.

Traditional consulting firms can be prisoners of their own process - even when the pro-

cess isn't what the client needs.

We're different. Because we know that the best solution is always precisely tailored, we

take an unusual approach: we actually listen. We get to know the company. We take the

time to understand exactly what the client wants.

What We Do "If the dream is big enough, the fact don’t count"

Satiate provides services to identify solutions for management issues; we ensure con-

sideration of related internal control issues in the business processes and incorporating

industries best practices respectively

We deliver

Realistic, connected solutions tailored to business context and technical require-

ments

Sustainable solutions based on transferring knowledge and building expertise within

client organisations

Wide ranging support for implementation

First we think about risk that impede the achievement to the business objectives



Our Core Values

Establishing a framework to build a model business enterprise

Our Mission

We know that the best solution is always precisely tailored, we take an unusual ap-

proach: we actually listen. We get to know the company. We take the time to understand

exactly what the client wants.

Our Value Propositions

We take simple approach to consulting through listening to our clients. Helping to turn

strategies in to realities.

We are committed to our client success

We expect a high level of performance

Everything we do, we do with integrity

Corporate Citizenship

Being a good corporate citizen is part of our identity.

Industry Focus

Two Wheeler

Passenger Cars

Commercial Vehicles

Health Care



Satiate Consulting Pvt Ltd For a better insight into our services, please contact us at For Karnataka +91 9900 246597 +91 9980 015212 For Tamil Nadu, Andhra Pradesh & Pondicherry +91 9444 600634 www.satiateconsulting.com

[email protected]

Automotive

MIS (Management Information System) for a company