Data flow diagram for developing DSS on fund management of Indian microfinance institutions
- Resource Type
- Conference
- Authors
- Singh, Ritika; Bhar, Chandan; Sen, Mitali
- Source
- 2012 1st International Conference on Recent Advances in Information Technology (RAIT) Recent Advances in Information Technology (RAIT), 2012 1st International Conference on. :677-680 Mar, 2012
- Subject
- Computing and Processing
Communication, Networking and Broadcast Technologies
Components, Circuits, Devices and Systems
Decision support systems
Organizations
Industries
Information technology
Learning systems
Management information systems
Microfinance institutions
Decision support system
Fund management decisions
- Language
Computerisation of operations using Management Information System (MIS) has already managed to change the face of Microfinance Institutions (MFIs) in India. The constant growth of Indian microfinance industry prompts the researchers to suggest new IT applications which will play an important role in its success. The paper identifies situations which will require the help of IT to overcome human limitations in decision making. In the process it attempts to empower the managers of the companies by using Decision Support System (DSS) on fund management. The way blood management is to the human body, similarly fund management is to the microfinance organisation. The paper uses literature review and analytical tool like the data flow diagram to help the reader grasp the situation.