Information and Decision Support Systems - Principles of Information Systems - page 407

Additional
corporate
databases
of internal
data

Databases
of
external
data

Accounts receivable
Accounts payable
Asset management
Invoicing
General ledger

Financial
DSS

Supply chain and
business transactions

Databases
of valid
transactions
from each
TPS

ERP systems
and TPSs

Financial
MIS

Financial
application
databases

Financial
GSS

Specialized
financial
information
systems

Supply chain and
business transactions

Operational
databases

Profit/loss and cost systems
Auditing
Use and management of funds

Financial statements
Users and
management of funds

Internet or
extranet

Financial statistics
for control

Supply chain and
business transactions

Customers
Suppliers

Figure 10.8

Overview of a Financial MIS

Financial institutions use
information systems to shorten
turnaround time for loan approvals.
(Source: © Royalty-Free/Corbis.)

Manufacturing Management Information Systems
More than any other functional area, advances in information systems have revolutionized
manufacturing. 24 As a result, many manufacturing operations have been dramatically im-
proved over the last decade. Also, with the emphasis on greater quality and productivity,
having an effective manufacturing process is becoming even more critical. The use of com-
puterized systems is emphasized at all levels of manufacturing—from the shop floor to the
executive suite. Increasingly, companies are outsourcing the manufacturing process. With