Formalization of the Process of Collecting Overdue Accounts Receivable for Coal Mining Enterprises

Abstract

This article examines the possibility of automatic collection of overdue receivables using the example of coal producers in the course of legal collection and enforcement proceedings. Researchers used system and business analysis to examine generation of information in the absence of formalized data correlations by formulae and the existence of this information only in the form of management decisions and actions in response to recent developments. At the same time, management decisions and actions are linked in a specific sequence and are regulated by the deadlines at each stage of these events, detailed in both statutory and other enterprise regulations. Using the infological model the researchers proposed to create an automated workplace that ensures timely information support of litigation work and enforcement proceedings in collection of overdue receivables, as for each debtor or contract, and in general for all claims.