What does DSS mean in Accounting?
This page is about the meanings of the acronym/abbreviation/shorthand DSS in the Business field in general and in the Accounting terminology in particular.
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What does DSS mean?
- Decision support system
- A decision support system is a computer-based information system that supports business or organizational decision-making activities. DSSs serve the management, operations, and planning levels of an organization and help to make decisions, which may be rapidly changing and not easily specified in advance. Decision support systems can be either fully computerized, human or a combination of both. DSSs include knowledge-based systems. A properly designed DSS is an interactive software-based system intended to help decision makers compile useful information from a combination of raw data, documents, and personal knowledge, or business models to identify and solve problems and make decisions. Typical information that a decision support application might gather and present includes: ⁕inventories of information assets, ⁕comparative sales figures between one period and the next, ⁕projected revenue figures based on product sales assumptions.