Author : neeraj sharma classification of mis
Download 207.14 Kb. View original pdf
|
| PGDCA Paper : PGDCA-6 57 answers to questions such as these What is the current inventory of financial assets? What records exist for disbursements, receipts, payroll and other fund flows? The following table shows some of the typical finance and accounting information systems found in large organizations. Strategic-level systems for the finance and accounting function establish long-term investment goals for the firm and provide long-range forecasts of the firm’s financial performance. At the management level, information systems help managers oversee and control the firm’s financial resources. Knowledge systems support finance and accounting by providing analytical tools and workstations for designing the right mix of investments to maximise returns for the firm. Operational systems in finance and accounting track the flow of funds in the firm through transactions such as paychecks, payments to vendors, securities reports and receipts Human Resources Systems The human resources function is responsible for attracting, developing and maintaining the firm’s workforce. Human resources information systems support activities such as identifying potential employees, maintaining complete records on existing employees, and creating programs to develop employees talents and skills. It is usually done in a database or in a series of interrelated databases. Strategic-level human resources systems identify the employee requirements (skills, educational level, types of positions, number of positions, and cost) for meeting the firm’s long-term business plans. At the management level, human resources systems help managers monitor and analyse the recruitment, allocation and compensation of employees. Knowledge systems for human resources support analysis activities related to job design, training and the modelling of employee career paths and reporting relationships. Human resources operational systems track the recruitment and placement of the firm’s employees. Examples of human resources information systems: System Description Organizational Level Training and Development Track employee training, skills Operational and performance appraisals |