Information Systems in Business

Information Systems in
Business

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
DISCUSSION..................................................................................................................................1
Types of Information System-....................................................................................................1
ERP System-...............................................................................................................................3
Benefits of the ERP System-.......................................................................................................4
CONCLUSION/ RECOMMENDATION.......................................................................................5
REFRENCES...................................................................................................................................7

INTRODUCTION
Information System is integrated set of the component for storing, collecting and
processing data and for rendering knowledge, information & the digital product. The companies
and business firms rely on the information system for carrying out and managing operations,
interacting with the suppliers and consumer, competing in the marketplace. Information system
are helpful for running inter organizational chain. The various corporations use information
system for processing financial account, to managing the human resource and to reaching the
potential consumer through online promotions (Kramer, 2017). There are many types of
information system that can be used by companies for managing and controlling their operational
and functional activities throughout business process. In the above study it has been discussed
the ERP system which is one of the type of business information system. Enterprise Resource
Planning is procedure which is utilized by organization for managing and integrating essential
part of the business. It consists of multiple software modules for enterprise which are
individually purchased, based on what is appropriate for meeting the special needs and the
technical capabilities of company.
The aim of the essay is to discuss the various category of information system. Further
explaining the Enterprise Resource Planning (ERP) system. The report ends with the
determination of several benefits of this system in businesses with recommendation upon it. The
objective of the easy to analyze the information systems types and learning about ERP system
and knowing its benefits and advantages to the organizations.
DISCUSSION
Types of Information System-
Information system is set of interlinked component which works together for processing,
collecting, storing and breakdown information for supporting the decision-making. A typical
company is categorized into middle, operational and the upper level. There are number of the
information system which supports each level in the company.
There are various types of information system which are explained below-
 Transaction Processing System (TPS)- It is basically for keeping record that is needed
in any company for conducting business. For example- The entry of sales order, shipping
records and payroll etc (Shintre and et.al., 2019). Transaction processing system is
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