The role of data and information in business?

Data and information systems(software) actually speed up and simplifies the process of work, and management in a business. example, an Automated Payroll System that compute salary in a easy way. Information System - the database of a business. It includes, employees information, inventories etc.

Example:

You want to know the complete address of a certain employee.

Data is used by Information systems (like Employee Information System) as an input (these are raw facts, example: employee ID number) and used into a process (searching), and and output which is information (complete address).