MIS: Upgrade or Replace?

As we all try to make our businesses more efficient, one of the best ways to do so is to rely on the resources of a good MIS. An MIS can accomplish many things, from job quoting and costing through production planning, inventory management, materials ordering, sales order processing, financial accounting, and developing key management reports such as accounts payable and receivable, general ledger, and instant P&L statements. Many MIS are first optimized for the traditional business operations: estimating, scheduling, raw material ordering and tracking, and ultimately, for invoicing, billing, and accounting.