Business Information System free essay sample

The importance of HRIS system is multifaceted, ranging from operational assistance in collecting, storing and preparing data for reports, simplifying and accelerating the process and controlling the available data, reducing labor costs for HR departments, and providing timely and diverse information to the management of the company, based on which it is possible to make quality strategic decisions related to human capital. (Dorel, Dusmanescu and Bradic-martinouic, Aleksandra n. d. â€Å"The finance department touches all aspects of a business. (By Osmond Vitez, ehow contributor n. d. ). â€Å"Financial Information systems report information relating to the cost of economic resources, amount of labor needed to produce goods or services and the production output. Financial information systems can also gather and report information external to a company’s production process. This information provides business owners and managers with detailed statistics or demographics on all economic markets. In conclusion, information systems represent a collection of information technology that help business owners and manager’s plan, control and make decisions about business operations. We will write a custom essay sample on Business Information System or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page