Introduction

Efficiency is another tangible benefit of assimilating information systems. When computers can take over some of the tedious, detailed and mundane tasks, this makes processes move more quickly with a higher degree of accuracy. While it’s true employees still play an importance role in ensuring data is entered correctly, once entered in the program, the management information system can effectively increase efficiency and data integrity.

With proper planning a company can maximize profit while decreasing overhead costs. Implementing a new system typically comes with a large price tag, but if business requirements and processes are properly and accurately identified, the payoffs can be big.

Investing in information systems keeps a business competitive and helps an organization carry the ability to maintain visible status in the global economy. Without IS, a business will more than likely fall rapidly behind.

The benefits of integrating technology within an organization can truly be limitless depending on the level of creativity, strategic planning and innovation in the decision making processes.

Challenges of using information systems in business

While the benefits typically outweigh the drawbacks, it is important that organizations recognize the challenges and responsibility that do come with integrating information systems.

Organizational change is typically one of the largest hurdles a business has to contend with when updating their business environment to include new technology. Change is hard and management may find that many employees do not welcome this change.

Development and cost is another challenge. A project such as this can be extremely costly, so it is critical to do proper analysis, design and testing prior to adding new systems. A business will want to be sure the technology will provide long term benefits and the costs do not outweigh the return on the investment.

While the benefits are numerous and payoff can be excellent,