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Financial management is the business function concerned with profitability, expenses, cash and credit. These are often grouped together under the rubric of maximizing the value of the firm for stockholders.
While it can be contested that the history of management information systems dates as far back as companies using ledgers to keep track of accounting, the modern history of MIS can be divided into five eras originally identified by Kenneth C. Laudon and Jane Laudon in their seminal textbook Management Information Systems.
A financial system is a system that allows the exchange of funds between financial market participants such as lenders, investors, and borrowers.Financial systems operate at national and global levels. [1]
A treasury management system (TMS) is a software application which automates the process of managing a company's financial operations. [1] It helps companies to manage their financial activities, such as cash flow, assets and investments, automatically. [2]
Systems management refers to enterprise-wide administration of distributed systems including (and commonly in practice) computer systems. [citation needed] Systems management is strongly influenced by network management initiatives in telecommunications.
8-inch floppy disk, inserted in drive, (3½-inch floppy diskette, in front, shown for scale) 3½-inch, high-density floppy diskettes with adhesive labels affixed The first commercial floppy disks, developed in the late 1960s, were 8 inches (203.2 mm) in diameter; [4] [5] they became commercially available in 1971 as a component of IBM products and both drives and disks were then sold ...
An information system (IS) is a formal, sociotechnical, organizational system designed to collect, process, store, and distribute information. [1] From a sociotechnical perspective, information systems comprise four components: task, people, structure (or roles), and technology. [2]
A document management system (DMS) is usually a computerized system used to store, share, track and manage files or documents.Some systems include history tracking where a log of the various versions created and modified by different users is recorded.