Information Flow Analysis is necessary in any modern business because information comes into and out of a business via a multitude of entry and export ports respectively.
Just think about it! Today we have mail, landlines, PABX's, mobiles, TXTing, fax, email, social media and websites that all require monitoring, demand for responses, data mining, back-ups and archiving. There are customer enquiries, invoicing, bills, receipts, schedules, recruitment info', pay checks and a plethora of other data that have to be handled. That's a lot to keep track of and that's a lot of data.
Information Flow Analysis ensures:
- Timely customer service responses
- Creditors are paid on time
- Debtors are invoiced and payments checked
- Accounting is accurate and up-to-date
- Avoidance of data duplication & redundancy
- Data security and integrity of records
- Paper systems may be transformed to electronic data and automated
- Useful insights are gained through data mining

