Keywords
Financial information, output, business, structured reports
Abstract
An information system is a combination of software, hardware, and telecommunication networks to collect useful data, especially in an organisation. Many businesses use information technology to complete and manage their operations, interact with their consumers, and stay ahead of their competition. Some companies today are completely built on information technology.
Well designed and implemented business information systems should provide the information management and outside parties need to make informed and timely decisions about the operating health of the company. Business considers the need to have information available to assess the profitability of a new product they are selling or their bank needs timely and accurate financial information about the company to assess the borrowing capacity before the owner undertakes a significant expansion.
Recommended Citation
Koraqi, Lirie and Jolovski, James Prof.
(2024)
"BUSINESS FINANCIAL INFORMATION SYSTEMS,"
International Journal of Business and Technology: Vol. 12:
Iss.
3, Article 1.
Available at:
https://knowledgecenter.ubt-uni.net/ijbte/vol12/iss3/1
Included in
Business Commons, Computer Sciences Commons, Engineering Commons