Definition: Management Information systems (MIS)
Refer to those sources of data and records held within ministries or agencies which are designed as a common pool of information to assist managers in carrying out their responsibilities. Financial management information systems (FMIS) - a sub-set of MIS - are widely regarded as essential for most ministries and agencies to manage their resources better. Such systems may also assist in the evaluation of programme performance, in workload planning and in monitoring progress towards objectives. Management information systems form a key element of management controls.
Organization for Economic Cooperation and Development (OECD), "Effects of European Union Accession, Part 1: Budgeting and Financial Control", OECD SIGMA Paper No. 19, Paris, March 1998