Business management is a complex task, especially nowadays, when the pace of business is so rapid. There are many facets of a business that needs to be recorded, tracked, and monitored for optimum resource utilization. For example, every business must have a system in place for tracking employee attendance and timesheets, resource utilization, on-time deliveries, client feedback, the status of ongoing projects, and more. Keeping a tab of all these tasks manually is not only time-consuming but also the chances of errors are very high. This is where a management information system (MIS) comes into the picture. MIS collects and processes data to generate valuable business insights.

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