A management information system (MIS) is a computerized database of financial information organized and programmed in such a way that it produces regular reports on operations for every level of management in a company. It is usually also possible to obtain special reports from the system easily. The main purpose of the MIS is to give managers feedback about their own performance; top management can monitor the company as a whole. Information displayed by the MIS typically shows “actual” data over against “planned” results and results from a year before; thus it measures progress against goals.
Some of the MIS reports which are used in Food & Beverage sector:-
- Audit report.
- Sales report department wise.
- Consolidated revenue analysis.
- Multiple reports.
- Stores, receiving, HR, Accounts, security, and all the major department can maintain reports and records through this system.
- Preparation of budget on the basis of initial data retrieved from the system.
- Consumption report.
- Cashiers summary.
- Void /cancellation report.
- Cover analysis.
- Popularity by menu item.
- Settlement report.
- In-house guest directory.
- Spoilage report and etc.