Perspectives of modern information technologies in the implementation of financial planning at the enterprise

Authors

  • Л.А. Свистун Poltava National Technical Yuri Kondratyuk University

DOI:

https://doi.org/10.26906/EiR.2016.3(58).1122

Keywords:

planning, methods of financial planning, economic and mathematical planning model, information technology, application software, predictive calculations

Abstract

The methods of planning company’s financial indicators and the economic and mathematical optimization models used in financial planning was researched in the article. In the practice of financial planning used such methods: normative, balance of payment, the cash flows of multiple, economic and mathematical modelling, optimization of planning decisions and economic analysis. The software for the planned of financial indicators were analysed. The most convenient and affordable to use program were determined. One of directions of financial planning at the enterprise is the SAP software, which automates the process of planning, forecasting, budgeting, levelling information and financial risks. The SAP system consists of a set of application modules that support various business processes and integrated with each other in real time. We present the results of the planning of revenues, costs and financial results of the operating enterprise by using the software platform CurveExpert 1.3. 

Author Biography

Л.А. Свистун, Poltava National Technical Yuri Kondratyuk University

PhD in economics

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Published

2016-06-15

How to Cite

Свистун, Л. (2016). Perspectives of modern information technologies in the implementation of financial planning at the enterprise. Economics and Region, (3(58), 13–21. https://doi.org/10.26906/EiR.2016.3(58).1122

Issue

Section

MONEY, FINANCE AND CREDIT