Post by account_disabled on Feb 22, 2024 5:03:23 GMT -2
Business management systems are computerized databases programmed in such a way that they produce periodic reports on the operations, at all levels of management, of a company. In addition to routine reporting, it is also possible to launch queries to the system to obtain special reports; Since the main objective of business management systems is to provide management with the necessary feedback on their own performance, to provide them with a clear vision of the company as a whole that allows them better control. iStock_000053069966_Small Photo credits: istock Nomadsoul1 How business management systems work 1. The information displayed by business management systems normally shows actual data, which is compared with the results anticipated in the planning and those obtained in the previous year.
You could say that business management systems are concerned with measuring progress against goals. 3. In order to show this perspective, the system receives data from the different business units of the company, all functions being represented therein. This collection should be carried out in a preferably automated manner. 4. The data collected is captured in pre-scheduled routine reports and executed at periodic intervals or on demand. 5. More specific information can be obtained using integrated query languages, upon request. If business Chinese Student Phone Number List management systems are more sophisticated, they can also be used to supervise and monitor the performance of the company's actions. The great challenge of business management systems Business management systems represent the automation of budgeting and reporting at the company level to achieve better business monitoring. Their origins date back to the early years of the last century, although it may seem incredible, since these systems have roots in IBM punch cards. Each card was the equivalent of a database record with different fields and the computer company's data recorder allowed these records to be preserved over time.
This card format did not completely disappear until the 1970s, when it was replaced by magnetic storage media (tapes and disks). In the following decades, changes occurred, ensuring that, within companies, the main functional areas developed their own capabilities equivalent to information management systems. Today, enterprise information systems , of course, continue to do their job, but their function is now more of feeding data, so their main challenge is integration. This challenge has arisen precisely because of the way these types of systems have evolved, fostering departmental silos. The only possible solution to recover the original functionality of business management systems optimized thanks to new technologies and the peculiar characteristics of the current scenario, with regard to information and its access; It involves establishing an appropriate governance function , which integrates the efforts of different users and departments throughout the organization to, instead of dividing, unite and thus strengthen the potential of corporate data.