Application. Activities of large, small and medium-sized business organizations with state and private forms of ownership.
Essence of development
Methodological tools allow optimizing business processes at an enterprise by means of complex analysis of financial flows:
1 Express-method used for analysis of financial results and financial conditions of an enterprise according to the reported financials:
а) analysis of financial results of an enterprise activity: formation and dynamics of financial results; fulfillment of planned financial indicators; calculation of points of return and financial stability;
b) analysis of financial conditions of an enterprise: composition, structure and dynamics of assets and liabilities; classification of short-term actives according to their liquidity; classification of obligations according to the terms of their reimbursement; duration of receivables and payables in circulation of an enterprise; sources of financing of actives; indicators of liquidity; cash flow according to the types of activity; calculation and analysis of indicators of financial stability, liquidity, paying capacity, effectiveness and intensity of capital consumption;
c) abstract of analysis results and ranking score of holding enterprises;
2 Оptimization of business processes at the enterprise according to the results of the analysis: alternative analysis of business processes; consideration of inflation losses and losses associated with the repayment of borrowings during the cost or production and financial cycle; analysis of the impact of changes in exchange rates and inflation on the real financial results of the organization; marginal analysis; correlation and regression analysis and multifactor correlation model for demand forecasting; the analysis of the relevance of norms and standards in the definition of indirect costs; analysis of the use of production capacity and the associated reserves to increase profits; analysis of the elasticity of demand for the products of the organization; comparison of empirical data with forecast figures.
Advantages in comparison to analogues. The technique allows to formulate the qualitative characteristics of financial and economic condition of the enterprise; to analyze the dynamics of indicators characterizing the economic activity of the enterprise, the implementation of the plan for them; to identify factors that positively and negatively affect the dynamics and implementation of the plan for the main indicators of economic activity of the enterprise for optimal management decisions.
Variants of cooperation. Cooperation with highly professional experts in the field of optimization of business processes in the organization is offered. There is an experience of realization in the large organizations of Gomel region.
Olga BASHLAKOVA
Head of Finances and Credit Department
Candidate of Economics, Docent
tel. +(375 232) 57-33-45, fax +(375 232) 60-30-02,
e-mail: bashlakova@gsu.by, http://economics.gsu.by/