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Facebook and twitter are the two most popular social networking sites.

Facebook is a tool to connect


with friends and family members. It is also being used to view different pages and groups that captures
the user's interest. On the other hand , twitter allows its users to compose messages, which are called
tweets, with the limit of 140 characters and to follow hundreds of other users. Both of this social media
sites are being used by billions of people around the world. These two became tools of communication
between friends and family, no matter the distance. These sites are also being used as a platform to
promote advocacies, dissiminate information, develop interests, and meet and connect with new
people. Furthermore, by the use of these two social networking sites, education became a click a way.
Some users upload useful information online that educates, corrects, warns and helps other users. Also,
teachers and students can have interaction using a social media group chat. All in all, these two sites
have been a very good help to every people that uses it.

Moreover, aside from those things, Facebook and Twitter has also been used as tools for business. The
unavoidable heating up of market competition made a spark into this strategy. Since there are many
competitors in the industry, it is a must to enhance the marketing strategy, giving birth to the use of
facebook and twitter. These two most used social media sites are both popular and have myriads of
users, businesses using these two as tools might create an impact to people and gain patronizers. Using
facebook, a business can establish a page that contains their business information, products, promos and
so on. By doing this, they can also gain feedbacks from comment section and use it for improvements.
Promotion of certain product using facebook is called "digital marketing". The benefit of this digital
marketing is the free advertising of the business' products or services and the wider range of advertising
audiences. Moreover, the positive feedbacks of customers and sharing of your products online are also a
big help in establishing your business' reputation that will eventually lead to its growth.

Twitter, on the other hand, is a great way to directly interact with clients and prospects on a personal
level. It can also be a way to spread free advertising of the business and information updates.

Both of these two can be used to reach customers everywhere. Also, monitoring the competition using
both facebook and twitter as tools is something worth trying. This keeps the business updated and
provide information on when the management should act and what act should be done. Lastly, by the
use of these social networking sites, businesses can keep their customers updated on what's happening
in the business, what is the latest product or what is the improvement of service. Updates on price can
also be posted online, same goes with other information that will be of use for the customers.

Aside from all of these, facebook and twitter has became tools of law enforcement agencies to identify
crimes and capture criminals. Since both social medias have demographics and profiles, there are some
information that are useful for the law enforcers. Also, using these two mediums, police officers can
design operations that could lead them in arresting criminals. According to Daniel Gerard, law
enforcement officials in-depth knowledge of software and social media tools to outwit criminals is
needed.

One of the operations is called Sting operation which is designed to catch a person in the act of
committing a crime. This involves an officer who will disguise as a participant in the crime, testing the
suspect, and then, when the crime is finally happening, the suspect will be arrested. Another is
subpoena or the one being used to gather details about an anonymous post and draw decisions from
both sides of the issue. Facebook and twitter are also being used for tracking location. Law enforcers
links texts, pictures and videos to an exact geographical location. This can done through monitoring
suspect's friends and relatives. Lastly, law enforcers use facebook and twitter to interact with the
community, either to present dangers or seek for help.

Moreover, since facebook and twitter both have the feature of uploading videos and pictures and
sharing it to public, it is easy to spread news and make it known to the authorities. This helps them in
keeping track in every possible crime that's happening.

In addition, facebook has group pages that have members who have the same interests, interacting with
each other. However, sometimes, these groups were being keep secret and being used as nests for
crimes or law violations. In 2017, there is a news about group pages that were have religious overtoned
names. Members of said groups have been uploading foul photos of women and they will talk about
what they wanted to do to the girls, not minding the age. These groups often have names such as
"Pastor Hokage Bible Study", and members used the word "Amen" in expressing their agreement with
the photos. In able to be accepted as a member which they called pastor, they need to upload an
obscene photo of a girl which they call contribution.

Upon knowing this news, the National Bureau for Investigation made a warning that members of such
groups could be liable for violating child pornography and anti-voyeurism laws, and they encourage
victims of these groups and other netizen to report such and similar activities. Moreover, the officials of
facebook made a statement that they will take immediate action, since these kind of activities are
against the social networking standards.

All in all, facebook and twitter made a drastic change in our society—personally, industrially, legally and
so on. These two social media sites are a big help to everyone, but if it is not being used properly, it can
also be the worst problem of anyone.

According to World Bank, Financial Management Information System (FMIS) supports the
automation and integration of public financial management processes including budget
formulation, execution, accounting and reporting. It is an information system that tracks
financial events and summarizes information. This 21st century, many organizations use
computer-based information systems with centralized, decentralized or distributed networks
connected to different departments and branches.

The objective of Financial Management Information System is to meet the financial obligations
of the business as those obligations fall due, while using the least possible amount of resources
within the limits of some predetermined margin of safety.

A well-designed system should collect accurate, timely, complete, reliable and consistent
information. It is accurate when the information is exact and truthful. Information is said to be
timely when it is present at the best possible moment. Furthermore, when information contains
all the facts that are needed and there is no important facts that are left out, then it is
complete. The information must be reliable or adequate and correct. Lastly, being free from
variation of contradiction of the information is what we called being consistent. Using FMIS,
financial data can also be analyzed in various ways like trend evaluation, ratio analysis and
financial modelling.

Trend evaluation analysis is a technique thay attempts to predict the future stock price
movements based on recently observed trend data. On the other hand, ratio analysis is used to
evaluate a number of issues with an entity, such as its liquidity, effeciency of operations, and
profitability. Last is financial modelling or the process of creating a summary of a company's
expenses and earnings in the form of a spreadsheet that can be used to calculate future event
or decision. Aside from these three, there are more various ways to analyze financial data.

In able to be an ideal system, FMIS should provide adequate management reporting; it must
support government wide and agency policy decisions; and facilitate financial statement
preparation. FMIS is a software that manages all accounting procedures of business such as cash
flow management, general ledger, expense, payments and etc.

Well-organized FMIS also should support budget preparation and execution and provide
information for central agency budgeting,analysis and government-wide support. This
information system keeps the record of financial statements that help in knowing about the
current budget of the organization and also helps in making decisions to control the budget
efficiently.

Lastly, the better performing FMIS provide complete audit trail to facilitate audits. Since, this
system keeps record of the transactions, it makes it possible for effective auditing to be
executed.

The use of FMIS has many benefits and it puts many organizations into advantage. The Financial
Management Information System makes the decision-making process faster. The process of
selecting, organizing and presenting the information that has been used to arrive at the
decisions has been outsourced to the system. Because of the reporting capabilities of the FMIS,
it helps the management of the business to evaluate the economic advantages and
disadvantages of various business strategies they are trying to work out.

Furthermore, FMIS helps the organization in terms of planning. The use of this information
system increases the capacity of the management to schedule and forecast. With that, the
process of allocating financial resources become much more effective and the target sets
become more realistic.

In addition, it makes the business more efficient. This system provides all the information and
control needed to prevent the misuse of business financial resources while the management
the ability to mitigate potential risks that you cannot foresee. It also allows to use past
performance to inform the current and future strategies.

Like what is stated earlier, companies using FMIS were in an advantage, competitively. Financial
Management Information System is simply another way to leverage the immense power of
information technology and bring more productivity to the business and more satisfaction to
the customer.

Lastly, this information system allows integration. Due to this system, the functions and
resources of the business can all be controlled within a single system. This also makes it easier
and faster to process transactions and convey financial information.

Everything moves along more smoothly with the help of Financial Management Imformation
System.

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