How to assess the cost-effectiveness of information management systems

Economic information management systems are an integral part of the structure of modern management. The impact of such systems on results of a business does not have a significant value of the expected effect of implementation; however, the lack of close attention to justifying the processes of their acquisition and operation, as a rule, does not allow the organizations to fully implement the potential market opportunities. The article examines the issues of assessing the cost-effectiveness of information management systems. The methodological basis of the research was a set of theories for assessing cost-effectiveness in relation to the implementation of projects of information and management support for business. Combining such methods and approaches as system approach, distinction of key performance indicators and a process approach, allowed to present the main element of the methodology in the form of analysis of the dissemination of economic management information. A scheme for promoting information flows of an organization, a diagram of information processes for the production of goods in the context of information messages and cards for their support, calculations of the economic effect of reducing transaction and management costs of services, optimizing basic production processes, interaction with customers and total costs are proposed. The results of the research can form a basis for a technical and economic substantiation when implementing and revamping information management systems in organisations of various scales, as well as a tool to improve the efficiency of the existing systems.