We understand the importance of precise MIS reports presented on a real time basis. To make this possible, we have team of experienced partners and managers who can share insights and lessons learned from other global companies. We can leverage the experience gained to provide better or leading practices. Our approach provides early risk identification and ensures issues are dealt with on a timely basis – no surprises.
Guiding Principles for Management Information System (MIS):
- Information is relevant to the recipient and addresses the business needs of the intended users.
- Validation of input data should be done before preparing reports.
- MIS should be effectively used as a ‘problem identification and control tool’.
- The format of the reports should reflect the needs of the user.
- Exceptions should be highlighted.
- Due importance should be given to the security or secrecy of information.
- Information should be made available at the necessary time to enable management to make appropriate decisions. Frequency of reporting is dependent upon the type of information and its intended use.
- For greater clarity and impact, the reports should be replaced by pictorial representations, wherever possible.
- Consistency in daily, monthly and annual reports should be maintained
- Reporting of information is cost effective in its acquisition, preparation and dissemination.
Our MIS deliverables include:
- Budget Analysis
- Income Statement
- Balance Sheet
- Cash & Fund Flow Statements
- Trend Analysis
- Ratio Analysis (Liquidity, Profitability, Efficiency)
- Break-even Analysis
- NPV and IRR
- Analysis of Key Financial Indicators
- Variation Analysis
- Sensitivity Analysis