Mis in Hdfc Bank
MIS in HDFC Bank
MANAGEMENT INFORMATION SYSTEM
A management information system (MIS) is a subset of the overall
internal control of a business covering the application of people, documents,
technologies, and procedures by management accountants to solve business
problems such as costing a product, service or a business-wide strategy.
Management information systems are distinct from regular information
systems in that they are used to analyze other information systems applied in
operational activities in the organization. Academically, the term is
commonly used to refer to the group of information management methods
tied to the automation or support of human decision making, e.g. Decision
Support Systems, Expert systems, and Executive information systems.
MIS should be designed to achieve the following goals:
• Enhance communication among employees.
• Deliver complex material throughout the institution.
• Provide an objective system for recording and aggregating information.
• Reduce expenses related to labor-intensive manual activities.
• Support the organization's strategic goals and direction.
It consists of following sub systems:
•Executive Support Systems (ESS)
•Management Information Systems (MIS)
•Decision Support Systems (DSS)
•Knowledge Work Systems (KWS)
•Office Automation Systems (OAS)
•Transaction Processing Systems (TPS)
INFORMATION SYSTEM IN HDFC
Information technology can be a strategic tool in making HDFC more
efficient and effective. HDFC can reach more people in more efficient way
by implementing right management information system. IT creates an
evolution in whole world in every business and so in banking
system. Now in HDFC with the help of INFORMATION
SYSTEM the daily transactions are recorded in branch computers
and these branch computers are then connected to the main head
office server so in this way they keep their daily process update
MANAGEMENT INFORMATION SYSTEM
A management information system (MIS) is a subset of the overall
internal control of a business covering the application of people, documents,
technologies, and procedures by management accountants to solve business
problems such as costing a product, service or a business-wide strategy.
Management information systems are distinct from regular information
systems in that they are used to analyze other information systems applied in
operational activities in the organization. Academically, the term is
commonly used to refer to the group of information management methods
tied to the automation or support of human decision making, e.g. Decision
Support Systems, Expert systems, and Executive information systems.
MIS should be designed to achieve the following goals:
• Enhance communication among employees.
• Deliver complex material throughout the institution.
• Provide an objective system for recording and aggregating information.
• Reduce expenses related to labor-intensive manual activities.
• Support the organization's strategic goals and direction.
It consists of following sub systems:
•Executive Support Systems (ESS)
•Management Information Systems (MIS)
•Decision Support Systems (DSS)
•Knowledge Work Systems (KWS)
•Office Automation Systems (OAS)
•Transaction Processing Systems (TPS)
INFORMATION SYSTEM IN HDFC
Information technology can be a strategic tool in making HDFC more
efficient and effective. HDFC can reach more people in more efficient way
by implementing right management information system. IT creates an
evolution in whole world in every business and so in banking
system. Now in HDFC with the help of INFORMATION
SYSTEM the daily transactions are recorded in branch computers
and these branch computers are then connected to the main head
office server so in this way they keep their daily process update