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MIS Designing

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MIS Designing

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A

5 common problems faced by business owners and CEO’s:

  1. Not getting MIS on time without follow up
  2. Accuracy of information is questionable
  3. Present form of MIS doesn’t help in decision making
  4. Not able to find out how much actual profit is being generated by the business
  5. Not able to analyse beyond Profit and Loss and Balance Sheet

B

Impact of a weak MIS process:

  • Delay in taking business decisions which directly impacts the growth and bottom line of company
  • Major impact on company’s valuation during fund raising
  • Not able to figure out non-performing profit centres or products

C

How we can help?

  • We have a rich experience of working with varied businesses across different industries covering Manufacturing, Trading and Service sectors.
  • As per a recent research, 7 out of 10 companies driven by entrepreneurs are struggling with their MIS.
  • As the businesses evolves, there are certain processes which never gets reviewed or questioned by the people below the owner/ management.
  • We question the every part of the MIS at a granular level to ask whether it is relevant and helpful in arriving at information or analysis required in current scenario.

 

D

Our approach to MIS:

  • Spend considerable time in understanding the business and it’s levers.
  • Find out the major revenue and expenses drivers
  • Study the existing process of MIS
  • Understand the requirement of business owners from MIS
  • Find out the gap
  • Dig digger and diagnose the reason for the gap
  • Fix the gaps with collaborative and participative approach
  • Document the transformed process for future reference/training of new team member
  • Train the employees responsible for MIS
  • Dry run of MIS
  • Go live and reap the benefits
  • Quarterly review for one year as an hand holding exercise
To see how Blue Consulting can help you in MIS Designing, get in touch with us at bdm@blueconsulting.co.in or call us at 0120-4113075 or Click here.

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