A strong and well-equipped information system has grown to become the pillar of almost every organization in the world today. For efficiency and competitiveness, companies use information systems like MIS and TPS. Although the two seem the same apparently, there are several differences between these systems:
TPS stands for Transaction Processing System, which performs all routine operations for supervisory executives. This will include storing, modifying, retrieving, creating, formatting, and possessing data. A user of the TPS will be placed in the lower level of the management hierarchy. The input activity of the TPS involves data entry, transaction processing and database processing.
MIS stands for Management Information System, which aids in middle level management. This includes monitoring, decision-making, planning, analysis, controlling, and administrative activities. The MIS will give the managers of a company the current performance of the entire organization. This way, they can monitor and control their business.