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In this video, CA. Abhijith Preman explains how to build a Monthly Management Information System (MIS) that actually supports decision-making, rather than becoming a data-heavy reporting exercise. This session is part of the Jargon Buster Webinar Series and is designed for founders, business owners, and finance teams who want clarity on what an effective MIS should look like and how it should be used. The session covers: Why most MIS reports fail and how to avoid common mistakes What an MIS is and is not in a practical business context Core sections of a strong MIS, including: Profitability snapshot Cash flow, burn rate, and runway Budget vs actual analysis Key business KPIs Action items and red flags How to assign ownership, add commentary, and close the loop on decisions Month-end timelines and process ownership for timely reporting. The focus of this session is not on complex formats, but on clarity, relevance, and actionability, ensuring that MIS becomes a decision-making tool for management rather than a compliance document.