Archives
-
▼
2009
(217)
-
▼
February
(66)
- Ten Future Terrible Taxes Terminated
- Taxes Fan-Effing-Tastic
- From Togas to the Tea Party to the Internet
- E-Tax System
- Financial Crisis Affects America
- How to Criticize Effectively
- Have a Relaxing Season with Money Saving Tips for ...
- What is Microeconomics ?
- Doing Your Christmas Shopping Online
- Eliminating Employee Theft in the Workplace
- Getting a Raise In Sixty Days
- Teaching Your Employees To Follow Directions
- Finding And Hiring Top Employees
- Doing Your Last Minute Christmas Shopping
- Saving Extra Money Tips for Everyone
- How To Find Bargains With Christmas Shopping
- Global Financial Crisis
- Do Your Christmas Shopping Early
- Christmas Shopping Within Your Budget
- Strategies For Saving Money
- Free Up Earnings By Saving Money On Electricity
- Paid Surveys To Earn Money
- The Genuine Paid Survey Site
- Have You Considered The Benefits Of Saving Money
- Silver Card Pre-Paid MasterCard
- Contental Finance Mastercard Credit Card
- Tribute Gold Mastercard Credit Card
- Continental Finance Gold Mastercard
- Capital One No Hassle MilesSM Rewards Credit Card
- First Premier Bank Platinum Credit Card
- Total Visa Credit Cards
- Citi Platinum Select Card Credit Card
- Capital One Platinum Visa Credit Card
- New Visa Black Card
- E-Banking Inside a Bank
- Top Benefits Of E-Banking
- Top Issues in E-Banking
- California Mortgage Rates
- Obtain Online Mortgage Advices
- Mortgage Companies Bad Loans
- Home Equity Loans
- Getting A Mortgage With Bad Credit
- Are Credit Cards The Way To Pay Your Mortgage ?
- Which Is The Right Home Loan For You ?
- The Most Commonly Sought Benefits Of Refinancing Y...
- Importance Of Comparison Shopping When You Refinance
- How To Choose Your Lender When You Want to Refinan...
- The Tax Implications Of Refinancing Your Home
- Refinancing Your Home Is Not A Good Idea
- Forex Trades Online
- Forex Trading Strats
- Unique Tricks of Forex Trading Online
- Earn Good Money with Forex Trading Software
- Trading in Forex Market’s Explosive Nature
- Get Ready to Face the Forex Market with the Right ...
- Making Money With Forex Exchange
- Learning About Forex Trading
- Forex Trading Involves
- Keys To Forex Trading Success
- Track Your Time In Forex To Increase Profits
- How To Trade Currency
- US Bailout Causes Dollar And Yen To Rise
- Risks in Forex Trading
- Advantages Of Forex Trading Software
- Top Reasons To Do Forex Trading
- Wealth Building Suggestions for Women
-
▼
February
(66)
E-Banking Inside a Bank
E-Banking besides affecting the outlook of bank has also significantly influenced the ways in which bank manager interact with his colleague and the way he carries out his routine duties. A CBIS (Computer Based Information System) is now considered a primary need of every modern commercial bank. A CBIS is a system that automates the process of recording transactions, posting entries, updating accounts, and balances, generating reports and reviewing results, Following are some components of CBIS.
1- MIS (Management Information System)
A good MIS is that fulfils all information need of management well in time. Not only the information is important but also the style and mode in which information is presented is also crucial in deciding the worth of information. E-Banking make use of the MIS to increase the managerial capabilities and operative efficiency of bank managers and employees.
As Information need vary along the levels of management so normally the organization has three levels of MIS. These are as follows:
• Strategic MIS
• Tactical MIS
• Operational MIS
2- DSS (Decision Support System)
It is a system that helps the management to find solution of unstructured problems. Such problems have long-term effects and they are poorly defined. They are complex in nature and involve a greater degree of uncertainty. In terms of banking we can take examples of portfolio investments, future gain on mutual fund, growth of micro financing in the society, chances of success of an energy project etc. Such decisions require bank management to apply professional and sophisticates techniques to analyse all components of problems before finding a solution. DSS helps to produce and present information n such a way that make decision making easy in risky circumstances.
3- EIS: (Executive Information System)
An EIS is the system that allows an opportunity to an executive to peep behind the final reports and figures. It provides a higher-level executive with an insight in bank’s affairs and conduct of employees. It allows a bank manager to scan the branch environment to locate any inefficiency or rigidity. It also provides an ease to view same information from different angles and perspectives.
4- TPS and RGS: (Transaction Processing System / Report Generating System)
TPS means the system that automates the process of recording transitions. If you have been a regular visitor to a bank you must have notices that previously you would have to wait in line when you go to deposit amount in your account. The bank employees would record amount, manually on various big registers. The client waits as the bank employees fumble with lots of hefty journals and ledgers to find the correct one. And now look at the current state of affairs. Just two signatures in the pay in slip and a little jerk of finger on keyboard and every thing is completed. Transaction is recorded, entries made, amounts posted, balance update, master file corrected in just matter of seconds, this is TPS. It also reduces the chances of clerical mistakes and errors, Similarly the report generation system also help in quick production of all kinds of report and data.
