Summary
A management information system (MIS) provides information needed to manage organizations efficiently and effectively. Management information systems involve three primary resources: people, technology, and information. Management information systems are distinct from other information systems in that they are used to analyze operational activities in the organization. MIS is a centralized application which has all its data on one place, so problem of bottle-neck can occur, and data availability is not efficient as in distributed database.
Users can issue commands from any location to access data and it does not affect the working of database. Any time new nodes (computers) can be added to the network without any difficulty.
Users do not know about the physical storage of data. MIS provide ready analysis on day to day bases in term of accounts, finance and management. It provides comprehensive reports of Client with their history e.g. Disbursement, recovery and personal information. MIS allows you Globally tracking of Clients between branches. It’s a web based solution which runs over internet. So user can access it any time and anywhere in the world without any Installation or other IT procedures. You just have an access to server and then login to the application.
