Do you have Management Information System or wants to install MIS in your organization?

Yes, HBL have MIS. Management Information System is a system that provides people with either data or information related to an organization’s
operations. MIS support the activities of employees, owners, customers and other key people in the organization’s environment – either by efficiently
processing data to assist with the than section work load or by effectively supplying information to authorized people in a timely manner. A management
information system (MIS) is the collection of system, both computerized and manual, that provides information about ongoing activities to an organization’s
decision makers.

The management information system of Habib Bank Limited has following major divisions:

 Transaction Processing System

 Management Reporting System
 Decision Support System
 Office Information System.

Does Management Information System speedup the internal communication?

Yes, HBL Management Information System speedup their internal communication. Information system is the life blood of an organization. Managers
depend upon accurate accessible and useful information, this requires the information system to be responsive to their unique information needs, to
empower them to think and act strategically develop effective plans, and make decisions that increase their own and their organization's competitiveness

It speeds their internal communication in these some following aspects:

 Communication
 Employee empowerment
 Resolving conflicts
 Dealing with other global issues plan, develop, use, manage, and study computer-based information systems

Is Management Information System helpful for the scope and adequacy of audit activities?

HBL uses a Transaction Processing System that help them to record all transaction on a system the system helps them in a internal audit which they later
compare with an external audit. Transaction processing system supports the processing of Habib Bank Limited by automating the process of voluminous
amounts of paperwork that must be handled daily. These systems include accurate recording of daily Transactions, controlling the procedure of issuance
e.g. issuance of pay cheques invoices, customer statements, payment remainders, tuition bills and employee schedules etc.

There are three steps of processing a transaction Processing Functions

 Book Keeping:
First of all, accurate record of transaction is recorded e.g. recording the deposits or withdrawals of account holders. This recording of transaction is
called Book Keeping involving applications of financial accounting.

 Issuance:
It refers to the production of pay cheques, invoices, periodic statements as monthly telephone bills, credit card bills and payment remainders etc.

 Control Reporting:
Reports that are produced as a byproduct of transaction processing operation and that also serves operation control purposes are called control
reports, as pay cheques are of Habib Bank are produced in batches, likewise the payroll edit report is produced to show the pay scheme of
employees.

Does the Management Information System remained helpful in the increase the turnover as compared to previous years?

Does the Management Information System reduce the cost of Human Resources?

Does the Management Information System reduce the Operational cost of the organization?

Does the Management Information System helpful in Making Decision Timely & Efficiently to get the project done?
Does the Management Information System Helpful in control of wastage & stolen of items?

Is there any direct relationship between Management Information System with Profitability of the Organization?

Does your Management Information System is suitable enough to keep pace with dynamic business environment?

Is the product quality being improved by using Management Information System?

Management Information System helps to become an innovator?

Does Management Information System help to make Decision Timely to become Market Leader?

It is a system that provides tools to managers to assist them in solving semi-structured and unstructured problems in their own somewhat personalized
way. At Habib Bank decisions are only taken by Board of Directors otherwise usually predefined decisions are there for managers to follow.

Properties of Decision Support System of Habib Bank

 Support
Decision Support System supports semi-structured or unstructured decision-making.

 Flexibility
The Decision Support System of Habib Bank is flexible enough to respond to the changing needs of decisions makers.

 Application Way
Decision support system of Habib Bank is easy to use. Decision Support System is fast in responding with a high degree of user control and
interaction.

Types of Decisions Taken

 Unstructured Decisions
This is the decision for which information provided by computer or men is not complete but is a small portion of the total knowledge required to
make a decision.

 Semi-structured Decisions
The decision made under a condition in which the information about problem to be solved is not complete is called semi-structured decision.

Does Management Information System help to get rid of mistakes or erroneous problems?

Has the control system been more effective than before using Information System?

Whether the staff members have improved their analytical skills after the usage of Management Information System?

Is there any direct relationship between Management Information System with innovation?

Does Management Information System help to make continuous growth of organization?

Is it true that after arrival of Information System provides easy access to information for the customers?

Does good management information system help in playing role to achieve competitive environment?

Does Management Information System is helpful for opening of new branches and connecting to existing information system?

Employees after using of MIS have become skilled at collaborating with each other to diagnose and solve problems?

Is there any direct relationship between Management Information System with growth of the Organization?

Does the Performance of the staff become improved after using Management Information System?