Management Information Systems (MIS) is generally a department within companies that supports other departments with their technology needs. This important function provides information to other departments such as accounting, marketing, human resources and operations. MIS also provides electronic records and support and deliver reports, forms, information and computer support for your organization. Typical outputs include accounting documents, human resource system documentation and marketing analysis reports.
MIS has many responsibilities to the accounting function. Payroll processing and reporting, as well as tax accountability are major functions for the MIS department. In addition, all reporting and documentation for payroll and tax matters fall to MIS. Weekly, monthly, quarterly and year-end reporting to management are also important duties for MIS. Compliance with all federal, state and local agencies, as well as reports to both governmental agencies and management are also vital for your MIS department.
Human Resources Function
Human Resources relies heavily on your MIS department. All benefits information, from program administration to 401K responsibilities, fall to the MIS department to implement and track. In addition, the training and development department relies on MIS to enroll and monitor participants in their training program through their learning management systems. Performance reviews and salary administration also must be managed through your MIS department. All reports for all employees also are a major accountability for the MIS team.
Your marketing function depends on MIS for many of its most important activities. Sales and product analysis information is required and generated daily by your MIS department. Ordering information, from which product details are generated, must be quickly and accurately received through the function of MIS associates. Decisions on product placement, as well as marketing strategies are created through the efforts of MIS reports. Marketing management makes all major decisions after analysis of data generated by your MIS team.
Perhaps no other department depends on your MIS department more than operations. Sales and profits information must be received at least daily in order for your company to operate properly. Staffing decisions, including scheduling assignments, are based on reports generated through your MIS department. Monthly, quarterly and yearly financial statements, as well as expense reporting information must be received by operations from your MIS associates. Without MIS input, operations is literally flying blind and cannot function properly in this highly competitive environment.