MIS provides managers with accurate and timely information to support decision making through tools like data collection, storage, and analysis. BIS encompasses all information systems used in a business, including those for customer relationship management, transactions, and collaboration. While MIS focuses on internal data and strategic planning, BIS has a broader scope integrating internal and external sources to enhance business performance. Together, MIS and BIS use information technology to gather, share, and analyze data to increase organizational efficiency, effectiveness, and profits.
MIS vs BIS - A Brief Comparison of Management and Business Information Systems
1. MIS VS BIS
A brief description about Management Information System and Business
information system.
PRESENTED BY SAI & JASWANT
2. CONTENTS
BUSINESS INFORMATION SYSTEM
MANAGEMENT INFORMATION SYSTEM
IMPORTANCE & FUNCTIONS OF MIS
IMPORTANCE & FUNCTIONS OF BIS
DIFFERENCE BETWEEN MIS & BIS
INTERCONNECTION BETWEEN MIS & BIS
3. MANAGEMENT INFORMATION SYSTEM
• Mis is the set of information technology tool and techniques
used to gather, share, and analyze information aiming to
support the decision making process.
• According to Walter I Kennevan MIS means “A formal method
of collecting timely information in a presentable form in
order to facilitate effective decision making and
implementation, in order to carry out organizational
operations for the purpose of achieving the organizational
goal”.
• In a corporate sitting, the ultimate goal of using management
information system is to increase the profits of the business.
4. IMPORTANCE OF MIS
IMPROVE DECISION MAKING
EFFICIENCY
It provides accurate, up-to-
date information which is
essential for effective decision
making in a timely manager.
By automating routine
tasks mis frees up time for
after important work,
increasing overall
productivity & efficiency.
5. FUNCTIONS OF MIS
DATA COLLECTION &
PROCESS
STORAGE & COMMUNICATION
It collects data from
various sources then
processes it.
The processes data is being
stored as information and
provided to various
departments of an organization
like IT, finance, HR, Sales and
others.
6. BUSINESS INFORMATION SYSTEM
• Business information system provide information that
organizations usen to manage themselves efficiently and
effectively, typically using computer system and technology.
• According to Kenneth C Laudon and Jane P. Laudon, “A
business information system is asset of interconnected
components that collect, process, store, and disseminate
data and information to support decision making,
coordination, control, analysis, and visualization in an
organization.
• BIS include all areas including project planning, budgeting,
inventory analysis, and many other.
7. IMPORTANCE OF BIS
EFFICIENT OPERATIONS
Bis streamline & automate
processes, improving overall
efficiency & reduce
operational cost, it also
enables organisation to
mange data, resources, and
tasks more effectively.
ENHANCED COMMUNICATION &
COLLABORATION
Bis facilitate communication &
collaboration within an
organization and with external
partners this foster teamwork and
improve coordination across
departments.
8. FUNCTINS OF BIS
CUSTOMER RELATIONSHIP
MANAGEMENT(CRM)
BIS help to manage
customer data, interaction,
relationships, leading to
improve customer service
and retention.
TRANSACTION PROCESSING
Business information system handle
daily business transactions, such as
sales, purchases and financial
transactions, ensuring accuracy and
reliability.
9. DIFFERENCE BETWEEN MIS AND BIS
KEY POINTS
FOCUS
USERS
MIS
MIS primarily focused on
providing information to support
managerial decision making and
operations within an
organisation.
MIS typically used by managers
and executives at different levels
within an organisation, helping
them in planning, controlling and
decision making
BIS
BIS has a broader scope, as it
encompasses all type of
information systems such as
finance, HR, marketing, supply
chain management and others.
BIS has a wide range of users
compared to MIS such as
managers, customers, suppliers
and other stakeholders.
10. FUNCTIONALITY
SCOPE
MIS emphasizes generating
reports and providing
summarized data for strategic
planning, performance evolution,
and control.
MIS is often focused on internal
data and processes dealing with
the organizations operational
efficiency and effectiveness.
BIS offers a wider range of
functions includes transaction
processing, decision support,
analytics and collaboration tools
and many other.
BIS includes both internal &
external data sources,
integrating information from
various business partners,
customers, suppliers to enhance
business performance.
12. INTERCONNECTION BETWEEN MIS & BIS
Management information system and Business information system are related concepts that deals with
the use of information technology to manage and support business processes.
In summery MIS is a specific type of information system that aids management decision-making, while
BIS is more comprehensive term that includes all information systems used within a business to support
its operation and decision-making process.