The following are some data processing information undertaken by commercial organizations.
1. Process Control:
In the production process, a computer is directly connected to some plant to control and monitor it. Here, the computer receives the data directly from the plant. It analyses the input data and initiates action to control the on-going process.
2. Accounting:
The Data Processing System can be used to maintain the accounting records and in preparation of final accounts. The general ledger, Accounts Payable, Accounts Receivable, etc. are the examples for the computerized accounting systems followed in most business organizations.
3. Payroll preparation:
In personnel department the data processing system is used to record the operations of the number of employees of different departments in each shifts, leave taken, deductions such as ESI, PF and finally in the preparation of Pay Slips.
4. Sales Analysis:
The Data Processing system is highly useful in sales analysis. The sales manager can prepare the sales forecast on the basis of per month’s sales reports and subsequent future actions can be taken.
5. Inventory Management:
Actually the Data Processing System is a boon to every organization, in respect of inventory management. Data Processing is used to maintain up-to-date information about stock, their costs and to initiate orders when the times are about to be exhausted.
6. Office Automation:
The modem offices and business organizations are dependent upon computer based office automation for their competitiveness and better management.
7. Banking and Insurance:
Data Processing Systems are highly needed in the Banking sector where the customer satisfaction is the main criteria. To provide quick and perfect service, data processing system is used. Automatic Teller machines are places in big cities and linked to central computers. Hence, the delay in processing is completely avoided.
8. Insurance and stock broking:
Insurance companies and stock broking firms also use the computerized data processing systems. Large volume of data have to be processed for the preparation of policy statements, interest calculations, renewal notices and in dealing with the securities.
9. Managerial aid:
The Data Processing System is used as a managerial aid in decision-making for solving business problems. It is also very useful in the areas of linear programming, PERT, CPM etc. Today it appears that the computer is everywhere. Not only the business organization, the other institutions are also using data processing system for their regular use. We cannot think about a situation without a computer. Robotics and Artificial Intelligence are the two promising areas of applications.
1. Process Control:
In the production process, a computer is directly connected to some plant to control and monitor it. Here, the computer receives the data directly from the plant. It analyses the input data and initiates action to control the on-going process.
2. Accounting:
The Data Processing System can be used to maintain the accounting records and in preparation of final accounts. The general ledger, Accounts Payable, Accounts Receivable, etc. are the examples for the computerized accounting systems followed in most business organizations.
3. Payroll preparation:
In personnel department the data processing system is used to record the operations of the number of employees of different departments in each shifts, leave taken, deductions such as ESI, PF and finally in the preparation of Pay Slips.
4. Sales Analysis:
The Data Processing system is highly useful in sales analysis. The sales manager can prepare the sales forecast on the basis of per month’s sales reports and subsequent future actions can be taken.
5. Inventory Management:
Actually the Data Processing System is a boon to every organization, in respect of inventory management. Data Processing is used to maintain up-to-date information about stock, their costs and to initiate orders when the times are about to be exhausted.
6. Office Automation:
The modem offices and business organizations are dependent upon computer based office automation for their competitiveness and better management.
7. Banking and Insurance:
Data Processing Systems are highly needed in the Banking sector where the customer satisfaction is the main criteria. To provide quick and perfect service, data processing system is used. Automatic Teller machines are places in big cities and linked to central computers. Hence, the delay in processing is completely avoided.
8. Insurance and stock broking:
Insurance companies and stock broking firms also use the computerized data processing systems. Large volume of data have to be processed for the preparation of policy statements, interest calculations, renewal notices and in dealing with the securities.
9. Managerial aid:
The Data Processing System is used as a managerial aid in decision-making for solving business problems. It is also very useful in the areas of linear programming, PERT, CPM etc. Today it appears that the computer is everywhere. Not only the business organization, the other institutions are also using data processing system for their regular use. We cannot think about a situation without a computer. Robotics and Artificial Intelligence are the two promising areas of applications.
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