What is management information?
Management information, or MI, is an umbrella term for details about a business’s everyday activities.
While MI can cover anything from customer reviews to compliance reports, financial management information is more specific: referring to facts and figures like costs, sales, and profits.
Good financial management information is accurate, useful, and timely. It can be used to track trends, respond to emerging issues, and extract revealing insights about how your business is performing.
Done right, management information can be a powerful business tool. With expert support, you can use it to make better decisions, sidestep problems, and capitalise on opportunities across your business.