Business Management System "A Business Management System is a set of tools for planning and implementing policies, practices, guidelines, processes and procedures that are used in the development, deployment and execution of business plans and strategie s and all associated management activities." What are the 4 types of business management? Types of business management Financial management deals with finding a healthy balance between profit and risk so that even with a setback, the business is profitable in the long term. ... Production management. ... IT management. ... Design management. What are the benefits of business systems? Benefits of business systems include greater efficiency, productivity, clarity, consistency and control You can implement systems across many areas in your business, including sales and lead generation, payroll and administration, and operational activities 1. Information security best practice Data is everywhere in your business. By managing information security centrally, you can control policies, procedures and data flow to ensure the confidentiality, integrity and availability of data is always considered. This is a key component in maintaining compliance with ISO standards. 2. Compliance Ideagen's integrated business management system delivers all the compliance controls in the background. There are audit trails for everything: electronic 'read and approved signatures', customised to-do lists, documentation version control, competency management, and many more features which give assurance that you are compliant with the appropriate standards. 3. Efficiency How many times a day do your quality, human resources, health and safety, environmental, information security, or other managers get asked: 1. Where is that policy? 2. Where can I see my upcoming training? 3. Where do I find that document? By having a central business management system for all employees, you can make it habitual for them to check the central system without needing to inefficiently hunt through the business for the latest information. 4. Scale more easily Integrated business management system software helps you to clearly identify roles and responsibilities, manage employee onboarding processes and view risks and opportunities. This provides growing businesses with an essential tool to scale. 5. Alignment When you have a simple tool to update individuals, groups, or the entire organisation on changes to documents, training requirements, new customers, new compliance requirements, risks, or opportunities - it's much easier to keep employees aligned and focused on the same goals. 6. Strategy An integrated business management system also improves organisational strategy planning by bringing risk, vulnerability and opportunity data into a central view. 7. Whole-brain thinking An integrated business management system enables you to ensure a balanced approach to making strategic business decisions. Use data to inform complex problem solving. 8. Consistency You want your customers to consistently have the best products and services. Therefore, you need to understand what 'best' looks like, then enforce repeatable methodologies to consistently rinse and repeat. Ideagen's integrated business management system enables you to: Collect risk, issue and NCR data from employees across the business Push and pull data from other software in your business - triggering action-based activity 9. Happiness When everyone has access to the right information at the right time, employees are less frustrated, there is less chaos, and less contradictions. This results in employees becoming happier and more productive in their daily roles and routines. 10. Continuous improvement Quality professionals dream of having employees who proactively review and aim to improve their processes - whilst communicating all the related effects of these improvements. An integrated business management system is key for baking a learning culture into daily routines.