Abstract

The article discusses the application of process approach to financial management. The multilevel financial management methodology is described. It is based on the delegation of the financial management functions in the downstream division of the organization, process automation, transfer of financial resources between units of different levels of the hierarchical structure of the credit institution, the implementation of a financial management mechanism of the process approach, execution of business processes in the computer environment, using the strategic management of the organization by changing the coefficients, which are the parameters of decentralized control mechanism, using the construction of the «fast» financial indicators, taking into account the terms of financial resources transfer transactions and effective transformation of business processes. The article is focused on the credit institution business management through the application of process transformation to transfer funds business processes.

Highlights

  • The article discusses the application of process approach to financial management

  • The multilevel financial management methodology is described. It is based on the delegation of the financial management functions in the downstream division of the organization, process automation, transfer of financial resources between units of different levels of the hierarchical structure of the credit institution, the implementation of a financial management mechanism of the process approach, execution of business processes in the computer environment, using the strategic management of the organization by changing the coefficients, which are the parameters of decentralized control mechanism, using the construction of the «fast» financial indicators, taking into account the terms of financial resources transfer transactions and effective transformation of business processes

  • The article is focused on the credit institution business management through the application of process transformation to transfer funds business processes

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Summary

Introduction

The article discusses the application of process approach to financial management. The multilevel financial management methodology is described. Существующий программный инструментарий для исполнимых бизнес-процессов несовершенен, практическая реализация концепции многоуровневого финансового менеджмента требует, как его теоретического развития, так и развития в области программных решений. Комплексная методология многоуровневого финансового менеджмента основана на экономико-математических методах и инструментальных средствах: децентрализации управления, фиксации сделок передачи финансовых ресурсов между подразделениями различных уровней управленческой иерархии предприятия, внедрении в механизм финансового управления процессного подхода, использовании стратегического управления организацией при помощи изменения границ коэффициентов, являющихся параметрами механизма децентрализованного управления, применении «быстрых» финансовых показателей, учитывающих условия сделок передачи финансовых ресурсов, а также управлении бизнесом при помощи процессной трансформации.

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