answersLogoWhite

0


Best Answer

hey its a beautiful question arises in most of the minds

nowadays information system plays vital role in finance department. To make the jobs simpler a new technology has been introduced which is called AIS. AIS is mostly used in all finance departments.

Accounting Information Systems (AISs) combine the study and practice of accounting with the design, implementation, and monitoring of information systems. Such systems use modern information technology resources together with traditional accounting controls and methods to provide users the financial information necessary to manage their organizations. If you would like to know more about AIS refer to http://www.writequery.blogspot.com

If you need anymore information about this you can write to writequery@gmail.com

User Avatar

Wiki User

βˆ™ 15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How information system helpful in finance department?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is finance information system?

Finance information system, is a system that analyzes financial data for making financial forecasts in the future for businesses and organizations.


What are the function of a finance department?

The main functions of the finance department are to put in place an effective financial cost effective control system including trimming wasteful expenditure, centralized accounting system, and help in boosting production output of the company.


What is financial reporting system?

A financial reporting system is a system that is connected to departments and allow managers to input numbers so that the finance department will have up to date information. These systems have alerts that let executive managers know when something is wrong in production.


What is role of finance department in the development of Business?

Management challenges to identify the requirements for the system. -Select the right software vendor for developing the system. -Communicate the benefits to the information systems users so they can adopt the change and support company strategy. -Justify information system investment. -Objectives for developing the system.


What is financal system?

Finance information system, is a system that analyzes financial data for making financial forecasts in the future for businesses and organizations.


How information system play a vital role in marketing?

how information system play an important role in following departments finance, marketing,HRM and production management


Describe integrated information system?

its where a certain information is been used by all department in the organisation


Functions of finance department in an organisation?

* maintain accounting system * Pay salary *taking capital structure decisions *preparing budget


Does an administration department use a Management Information System?

yes always


Subjects offered in BBM?

Human Resource Management, Finance, Management Information System, Marketing


How information system plays an increasingly vital role in finance?

beta parh lana tha.


What does dws-mis mean?

Department of Worforce Services - Managment Information System