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8/14/2019 Mispresentationseminar=Mohit India)
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February 14,
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MIS Concept MIS with 1Key MIS data capturing in Tally vis--vis 1Key
Purchase & Sales
Income, Expenses & cost center Inventory & others
Financial Consolidation Challenges in Tally
Generating Schedule VI Balance Sheet
MONDIALs Offering
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IT Consultancy
Software Advisory Service
Evaluation
Project management
IT Implementation Process Consulting
Interface Development
HR Consultancy
Permanent & Temp Staffing
HR Process Implementation
HR Policy & Manual
Outsourcing
Payroll
Recruitment
Finance Consultancy
Risk Planning
Retirement Planning
Children Education Plan
Children Marriage Plan
Wealth Creation Planning
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Strengths Rich experience
Vertical expertise
Qualified consultants
Some of the clients
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Definition Provides periodical standard set of reports to management for
decision making
Collects information from multiple data sources to generatemanagement reports
Generates exceptional reports for decision making rather thanstatutory requirements
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Definition
Data to Decision
Other Names Executive Information Systems Decision Support Systems
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On Time As required yet dynamic Crisp yet detailed Accurate Consistent
Comprehensive
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Corporate
databases
of
internal
data
Databases
of
externaldata
Databases
of
valid
transactions
Operational
databases
Transaction
processing
systems
Management
information
systems
Decision
support
systems
Executive
support
systems
Expert
systems
Businesstransactions
Input and
error list
Drill-down reports
Exception reports
Demand reports
Key-indicator reports
Scheduled
reports
Employees
Corporate
intranet
Applicationdatabases
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Formats Graphical
Comparative
Descriptive
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Daily Sales - Key Indicator Report
Sales - Key Indicator Report
Period ThisMonth
LastMonth
LastYear
Total Orders Month to Date 1,808 1,694 1,014
Forecasted Sales for the Month 2,406 2,224 2,608
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Formats Graphical
Comparative
Descriptive
Analytical Drill down
Slice & Dice
Ad-hoc queries
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Formats Graphical
Comparative
Descriptive
Analytical Drill down
Slice & Dice
Ad-hoc queries
ExceptionalTime scale
Scheduled
Need based
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Daily Sales Exception Report ORDERS OVER 10,000
Prepared: 08/10/xx
Order
#
Customer
ID
Sales Rep
ID
Ship
Date Quantity Item # Amount
P12453 C89321 CAR 08/12/06 144 P1234 13,214
P12453 C89321 CAR 08/12/06 288 P3214 15,660
P12453 C03214 GWA 08/13/06 12 P4902 11,224
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Daily Sales Detail Report
Prepared: 08/10/xx
Order
#
Customer
ID
Sales Rep
ID
Ship
Date Quantity
Item
# AmountP12453 C89321 CAR 08/05/06 144 P1234 3,214
P12453 C89321 CAR 08/06/06 288 P3214 5,660
P12453 C03214 GWA 08/07/06 12 P4902 1,224
P12455 C52313 SAK 08/08/06 24 P4012 2,448
P12456 C34123 JMW 08/09/06 144 P3214 720
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Positive impact on the bottom line Increased revenue
Reduced cost
Better control
Timely business decisions
Increased productivity
Better strategies Leverage on investment including in IT
High brand equity
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MIS is a set of integrated collection of
functional information systems, eachsupporting particular functional area
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An Organizations
MIS
Financial
MIS
Marketing
MIS
HumanResources
MIS
Accounting
MIS
Drill down reports
Exception reports
Demand reports
Key-indicator reports
Scheduled reports
Databasesof
external
data
Databases
ofvalid
transactions
Transaction
processingsystems
Business
transactions
Business
transactions
ExtranetExtranet
InternetInternet
Etc.
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Provides financial informationto all financial mangers in theorganization
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Strategic plans & corporate policies Contains major financial objectives and often
project financial needs
Financial budgets at various levels
Transaction Processing Systems (TPS) Financial information from various functional
applications viz. payroll, inventory, accountsreceivable, accounts payable, general ledger
External sources Annual reports and financial statements of the
competitors & other news items
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Financial statements
Uses and management
of funds
Financial statistics
for control
Operational
databases
Databases
of valid
transactions
for each
TPS
Transaction
processing
systems
Business
transactions
Business
transactions
Internetor
Extranet
Internet
orExtranet
Financial
MIS
Business
transactions
Databases of
external data
Databases of
internal data
Financial
DSS
Financial
ES
Financial
applications
databases
Customers,
Suppliers
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Provides information related to
raw material, finished goods,production batches, productivity,cost-sheet etc to operational
and management teams
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Strategic plans and corporate policies Various TPS:
Order processing
Inventory data
Production process Production benchmarks
Various cost components
External Sources
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Quality control reports
Process control reports
JIT reportsOperational
databases
Databases
of valid
transactions
for each
TPS
Transaction
processing
systems
Business
transactions
Businesstransactions
Internet
orExtranet
Internet
or
Extranet
Manufacturing
MIS
Business
transactions
Databases of
external data
Databases of
internal data
Manufacturing
DSS
Manufacturing
ES
Manufacturing
applications
databases
Customers,
Suppliers
MRP reports
Production schedule
CAD output
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Design & engineeringMaster production scheduling Inventory controlManufacturing resource planningJust-in-time inventory &manufacturing
Computer integrated manufacturing(CIM)
Quality control and testing
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Supports managerial activities in
product development, distribution,pricing decision and promotionalactivities
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Strategic plan and corporate policies
TPS:
Lead management Customer Relation
Sales order processing
External Sources Competitors data
Market surveys
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Sales by customer
Sales by salesperson
Sales by productOperational
databases
Databases
of valid
transactions
for each
TPS
Transaction
processing
systems
Business
transactions
Marketing
MIS
Databases of
external data
Databases of
internal data
Marketing
DSS
Marketing
ES
Marketing
applications
databases
Pricing report
Total service calls
Customer satisfaction
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Marketing Research
Product development
Promotion and advertising
Product pricing
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Need of a powerful application Requirements of the application
Provides reports with fixed & standard format
Uses existing data in the application
User friendly defining report User based access to data
Enables ad-hoc querying on data
Enables generating exception reports for better
control and decision making Accessible to as many users as applicable
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Single CPU Server for 5 MIS Users across 3 Group Companies
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1Key Demopost break
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Presented by :
Mohit sharma