USE OF INFORMATION TECHNOLOGY FOR FINANCIAL MANAGEMENT IN CZECH ENTERPRISES
Journal Title: Problems of Management in the 21st Century - Year 2011, Vol 1, Issue 5
Abstract
This study examines the impact of the adoption of software tools for Financial Management support on the Financial Management function. In addition to that, it was intended to study the level of contribution these technologies can bring to a company. The study was supported by research conducted on a sample of 46 small and 39 medium-sized manufacturing companies in the Czech Republic. The primary technique of data collection was a questionnaire distributed via mail, followed by further telephone and e-mail support. Collected data were explored by correlation analysis to determine the dependency between the use Financial Management supporting ICT and economic results of companies. For medium-sized companies has been established low to moderate dependence. Therefore in this case the use of soft ICT to some extent contributes to better economic performance. In contrast for small companies the dependence was negligible and sometimes even slightly negative, the use of software tools here can thus be counterproductive.
Authors and Affiliations
Kateřina Čebišová
Keywords
Related Articles
- EP ID EP32089
- DOI -
- Views 415
- Downloads 1
MaNageMeNt approach betweeN buSINeSS cluSter SucceSS aNd Soft leader characterIStIcS
One of the potential aspects of economic growth lies in focusing on furtherance the development of business clusters. By linking the complementary competencies of proft oriented enterprises, NGO-s, universities, resear...
INNOVATION MANAGEMENT AND TECHNOLOGY TRANSFER WITHIN A MODEL OF INNOVATION CENTER AT THE UNIVERSITY POLITECHNICA OF BUCHAREST
Flexibility of services is one of the most important aspects of Small and Medium Enterprises (SME) survival in a crisis economy. Product life cycles are shorter and shorter, SMEs must be able to evaluate the market ris...
KNOWLEDGE LIFE CYCLE AND ITS APPLICATION IN AUTOMOTIVE INDUSTRY
Knowledge management (KM) is attracting considerable attention as many organizations realize that they compete in a knowledge economy. Therefore, a key source of sustainable competitive advantage relies on managing kno...
CONSTRAINTS TO PRINCIPALS’ DELEGATION OF RESPONSIBILITY TO TEACHERS IN PUBLIC SECONDARY SCHOOLS IN KENYA
This research paper presents the principals’ practices in delegating responsibility to teachers in public secondary schools in Kenya. A random sample of 20 secondary schools was used where 120 teachers filled questionn...
INtegrated taleNt MaNageMeNt – a challeNge Or NeceSSIty FOr PreSeNt MaNageMeNt
The current highly competitive and unstable business environment, the requirements of the knowledge society and the development of new technologies is a reality which presents new challenges directed at various areas of...