Role of critical success factors in economic intelligence systems for improving the effectiveness of inter-organizational cost management (IOCM)

Abstract

Determining the indicators of the success of these systems from its inception must be clearly documented for all parties involved in the work of the organization to achieve a high flow of implementation, by examining the type of correlation between the critical success factors of economic intelligence systems, and accounting information systems, as the current economic conditions show, Organizations usually use scattered and semi-structured external sources of information, and these days different groups of individuals contribute to the decision-making (stakeholders, customers, suppliers, and others), the scope of private decision in many cases has a global nature, regional and international interdependence requires exchange Expanded information and knowledge sharing, better collaboration between activities that are done unlike anything else in the past, and economic intelligence systems contribute to optimal business processes and resources, maximizing profits, improving proactive decision-making and reducing costs (Olszak and Ziemba, 2006: 47).