Economic and Digital Modeling of Reengineering of Financial Activities of Domestic Enterprises
Hutsaliuk O. M.
academician of AES of Ukraine, Doctor of Economic Sciences, Prosessor.
ORCID https://orcid.org/0000-0002-6541-4912
e-mail: alex-g.88@ukr.net,
Private institution of higher education “East European University named after Rauf Ablyazov”, Cherkasy,
Lozova T. P.
Phd in Economic Sciences
ORCID https://orcid.org/0000-0002-4896-1930
e-mail: ua.lozovaya@gmail.com,
Skoptsov K. V.
holder of the third (educational) level of higher education
ORCID https://orcid.org/0000-0002-2115-2391
e-mail: skobemech@gmail.com,
State institution “Institute of Market and Economic-Ecological Research of the National Academy of Sciences of Ukraine”, Odesa,
Ksenofontov D. V.
holder of the third (educational) level of higher education
ORCID https://orcid.org/0009-0004-5505-3983
e-mail: ksenofontovdv@icloud.com,
Pryazovsky State Technical University, Dnipro
Citation Format
Hutsaliuk, O. M., Lozova, T. P., Skoptsov, K. V., Ksenofontov, D. V. (2023). Economic and Digital Modeling of Reengineering of Financial Activities of Domestic Enterprises. Visnyk ekonomichnoi nauky Ukrainy, 1 (44), рр. 106-113. DOI: https://doi.org/10.37405/1729-7206.2023.1(44).106-113.
Language
Ukrainian
Resume
This paper presents the rationale for the use of simulation techniques, namely the Miller-Orr model. Model was based on the theory of system dynamics as a tool for re-engineering of administrative decisions by the financial flows of the company. The modified model contains adaptive mechanisms to establish the parameters that determine the optimal level of necessary funds on the account of the company.
The article examines the essence of business process reengineering as a modern management concept to increase the level of product competitiveness, productivity growth, reduce production costs, improve the financial and economic results of the enterprise. The main errors that prevent the effective conduct of reengineering at domestic enterprises in the current conditions of globalization of the economy are identified and analyzed.
Also, the paper highlights issues regarding the peculiarities of the formation of the business process re engineering system as a component of process-oriented management in modern organizations in the direction of ensuring accelerated successful adaptation of the latter to extreme, crisis situations, variability of the business environment.
Keywords
reengineering, business processes, process approach, process management, organizational development, optimization, simulation model, financial flows, flow control.
Referensces
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- Hutsaliuk, O. M. (2016). The criterion of economic efficiency of structural changes in corporate integration processes. Economic Theory and Law, Issue 2 (25), рр. 104-106 [in Ukrainian].
- Hutsaliuk, О. М., Havrylova, N. V., Kotlubay, V. O. (2021). Suchasni osoblyvosti upravlinnia ryzykamy v konteksti stratehichnoho rozvytku pidpryiemstva [Modern Features of Risk Management in the Context of Strategic Development of the Enterprise]. Visnyk ekonomichnoi nauky Ukrainy, 1 (40), рр. 74-79. DOI: https://doi.org/10.37405/1729-7206.2021.1(40).74-79 [in Ukrainian].
- Hutsaliuk, O., Bondar, Iu., Remzina, N., Lizut, R. (2023). Modifications of Digital Technologies by Client-oriented Service of Logistics Activities in the Management System of the Enterprise. Philosophy, Economics and Law Review, 3 (1), pp. 91-102. DOI: https://doi.org/10.31733/2786-491X-2023-1-91-102.
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