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Decision Support Information (DSI)

Background

With the growing amount of data in various integrated/disparate sources located across multiple departments and cost centers, legacy and ERP systems, A complete, consolidated view of the organization and its financial performance is critical. The collection, organization and transformation of data into valuable information will enhance short term and long term strategic planning and management process.

Decision Support Information – DSI (definition)

Decision Support information is a specific class of information that supports business and organizational decision-making activities. The foundation and characteristic of DS information is to help decision makers compile useful information from raw data, documents, personal knowledge, and/or business models to identify and solve problems and make decisions.

Typical information that a decision support programs might collect and present to the user of the information would be:

• Accessing organization’s current information assets, including legacy and relational data sources, cubes, data warehouses, and data marts
  
  
• Comparative revenue/expense figures between one period and the next
  
  
• Projected revenues and/or expenses based on variables, scenarios and assumptions
  
  
• The consequences of different decision alternatives, given past experience in a context that is described

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