scholarly journals Digitalization as a Vector of Information Systems Development and Accounting System Modernization

2021 ◽  
Vol 31 (4) ◽  
pp. 18-39
Author(s):  
Lyudmyla Chyzhevska ◽  
Lidiia Voloschuk ◽  
Liubov Shatskova ◽  
Liudmyla Sokolenko
Keyword(s):  
Structural Changes ◽  
Business Processes ◽  
Electronic Data Interchange ◽  
Accounting System ◽  
Business Activity ◽  
Economic Sectors ◽  
Data Interchange ◽  
Theoretical Generalization ◽  
Effective Development ◽  
Cloud Technologies

Abstract Digitalization causes structural changes in the economic sectors and influences business activity and processes, leading to the companies’ increased productivity, competitive advantages and effective development creation and consolidation. This article is purposed to substantiate that the economy digitalization entails the need for companies’ system and mechanisms modernization to ensure their competitiveness and to improve management systems. The research is conducted using methods of theoretical generalization, analysis, synthesis, comparison and grouping. This study resulted in defining both global and Ukrainian economies’ trends for digitalization with a description of its impact on the business activity and business processes, assessing the economy digitalization effects to the requirements for the company’s information system that therefore serves to establishing directions for its modernization through the introduction of digital technologies, such as Electronic Data Interchange, Extensible Business Reporting Language, BigData, Internet of Things, Robotic Process Automation, Artificial intelligence, Real-time Adherence, cloud technologies, blockchain. The directions of companies’ accounting digitalization implementation and development are as flows: changes in the accounting system in terms of its method elements; application of Assets, Liabilities and Capital new digital forms; advanced training in compliance with the requirements for the accounting personnel digital competencies.

Electronic document management in chain companies of the FMCG-segment

2019 ◽  
pp. 46-51
Author(s):  
O. V. Voronova ◽  
V. A. Khareva
Keyword(s):  
Business Processes ◽  
Electronic Data Interchange ◽  
Retail Trade ◽  
Document Management ◽  
Electronic Document ◽  
Electronic Data ◽  
Document Management System ◽  
Electronic Document Management ◽  
Data Interchange ◽  
Chain Retail

This article considers the features of electronic document management at retail trade enterprises of the FMCG-segment. The paper observes the types of document flow at chain companies and examines the process of implementation of electronic document management system. The notions of “electronic document management” and “electronic data interchange” are also distinguished in the article.The paper explores positive changes caused by the introduction of electronic document management and the complexity of its implementation. The study reveals that in the Russian Federation the process of mass introduction of electronic document management in the chain retail companies of the FMCG segment has been ongoing for about ten years, though has reached the highest level of its activity in the last two years. At present day, the major part of chain retail companies in the FMCG-segment has already started to actively work with the Electronic Data Interchange system. Moreover, in recent years the number of partner-enterprises that join this system has been steadily increasing.The results of the study show that introduction of electronic document management in chain companies of the FMCG-segment allows to reduce the time spent for processing documents and to track all stages of the core business processes more effectively. It also ensures information security, improves staff discipline and the quality of service, which in its turn significantly improves management efficiency of the company in general.

Interoperability Issues of Business Processes

2010 ◽  
pp. 908-917 ◽  
Author(s):  
Ejub Kajan
Keyword(s):  
Operating Systems ◽  
Business Processes ◽  
Driving Forces ◽  
Open Systems ◽  
Database Systems ◽  
Electronic Data Interchange ◽  
Full Potential ◽  
Data Interchange ◽  
Medium Enterprises ◽  
Network Technologies

At the beginning of the third millennium, we are facing one of the most important transition challenges: to build an electronic society. In that movement, EC (Electronic Commerce) represents one of the major driving forces that survived two big failures in the past, represented by EDI (1980s) and “dotcom era” (1990s). Despite different network technologies, EDI (Electronic Data Interchange) over OSI (Open Systems Interconnections) vs. dotcom over the Internet both left out of the e-business too many companies (e.g. most of SMEs, Small-to-Medium Enterprises). After disillusionment and failure analysis, new expansion of EC is taking place, especially in the form of B2B. In such circumstances there is a lot of heterogeneity between business processes, supported applications and associated data on one side and different hardware, operating systems, database systems, network infrastructure, etc. on the other side, that make huge difficulties and barriers in achieving the full potential of EC (Medjahed et al., 2003; Kajan & Stoimenov, 2005; Hepp, 2006). Similar situation is taking place inside companies where A2A (Application-to-Application) costs for data integration and access software were about $2.5 billion in 2007 and are going to grow further (Bernstein & Hass, 2008).

B2B Applications to Support Business Transactions

2002 ◽  
pp. 22-50 ◽  
Author(s):  
Norm Archer ◽  
Judith Gebauer
Keyword(s):  
Business Models ◽  
Business Processes ◽  
Electronic Data Interchange ◽  
Web Technologies ◽  
Remote Terminal ◽  
Data Interchange ◽  
New Business ◽  
Set Up ◽  
The Many ◽  
Use Of Internet

The use of Internet and Web technologies between organizations has gained much attention in recent years. Termed business-to-business (B2B) electronic commerce, the linking and integration of inter-organizational business processes and systems promises cost and time savings, as well as new business opportunities. The many examples of B2B applications cover a broad range of sales and purchasing processes, business models, industries, and products and services. Complexity ranges from simple message switchboards to sophisticated marketplaces handling a multitude of real-time transactions, integrated closely with the backend systems of the participants. Using information technology (IT) to connect organizations is by no means a new phenomenon, but reaches back several decades to include electronic data interchange (EDI) systems and remote terminal applications. Still, systems based on Internet standards seem to be easier to set up technically and cheaper to interconnect. They might thus reach wider adoption and acceptance than many of the earlier initiatives, and as a result give smaller players a realistic opportunity to join in and reap benefits similar to their larger partners.

The Role of eServices and Transactions for Integrated Value Chains

2002 ◽  
pp. 207-241 ◽  
Author(s):  
Michael P. Papazoglou ◽  
Jian Yang ◽  
Aphrodite Tsalgatidou
Keyword(s):  
World Wide ◽  
Business Processes ◽  
Value Added ◽  
Electronic Data Interchange ◽  
Value Chains ◽  
Company Value ◽  
Data Interchange ◽  
Business Objects ◽  
Key Enabling Technologies

eCommerce has been well established for several years, particularly using Electronic Data Interchange (EDI) over private or value-added networks. The advent of the Internet and the World Wide Web has given a further push to eCommerce and has been dramatically changing the way business is conducted. Enterprises, in order to be competitive, form powerful business alliances that offer services and products by utilizing the autonomous and heterogeneous infrastructure provided by the independent partners. Such extended corporations reach out not only with business relationships. They also integrate their business processes and information systems with company value chains being transformed to integrated value chains for efficiently supporting this new model of extended enterprises. This chapter gives an overview of the technological challenges for B2B eCommerce and integrated value chains. It explains how adaptive business objects and controlled interoperability on one hand, and e-services on the other, are the key enabling technologies to the challenge of integrated value chains and then discusses how business transactions can be combined with eServices to provide flexible electronic business solutions.

Electronic Data Interchange

2011 ◽  
pp. 397-402
Author(s):  
David Whiteley
Keyword(s):  
Value Chain ◽  
Business Processes ◽  
Electronic Markets ◽  
Electronic Data Interchange ◽  
Information And Communications Technology ◽  
The Internet ◽  
Electronic Data ◽  
Web Based ◽  
Data Interchange ◽  
Business To Consumer

The popular notion of e-commerce is a consumer interacting with a Web page to buy a book from Amazon or a ticket from Expedia. This is an important aspect of e-commerce, but the applications and technologies used in e-commerce are much wider than business-to-consumer e-commerce facilitated by the Internet and the World Wide Web. E-commerce is summarized by the phrase “doing business electronically,” and to that we should add the qualification that the business is conducted between the organization and some external party. E-commerce is defined by Wigland (1997, p. 5) as “…the seamless application of information and communications technology from its point of origin to its endpoint along the entire value chain of business processes conducted electronically and designed to enable the accomplishment of business goals.” This includes business-to-business transactions as well as business-to-consumer transactions, and does not presume the type of technology that is used to facilitate these transactions. There are authors that seek to define e-commerce in a way that limits the term to business transacted over the Internet, but this seems to be without merit: Did not transactions conducted using Minitel or Prodigy serve the same purpose as today’s Web-based transactions, and does not the development of m-commerce still come within the more general classifications of e-commerce and e-business? Whiteley (2000) suggests that e-commerce was facilitated by three technologies: electronic data interchange (EDI), electronic markets, and the Internet- (or e-shop) type facilities. EDI and electronic markets predate the e-shop model and, for the Encyclopedia of E-Commerce, E-Government, and Mobile Commerce, this article will concentrate on EDI.

scholarly journals Magic XPI Integration Component - EDI

2021 ◽  
pp. 611-614
Author(s):  
Prof.(Dr.) S. T. Patil ◽  
Surabhi Jadhav
Keyword(s):  
Data Exchange ◽  
Business Processes ◽  
Communication Protocols ◽  
Cost Savings ◽  
Electronic Data Interchange ◽  
Electronic Data ◽  
Service Platform ◽  
Data Interchange ◽  
Standard Solution ◽  
Exchange Data

The electronic data exchange between B2B partners through EDI (Electronic Data Interchange) enables your company to continuously digitize and automate business processes. This results in more efficiency and easy, as well as cost savings as per document, but requires the support of different formats, message standards, and communication protocols. Organization offers a standard solution for B2B integration and electronic data exchange with the Magic EDI Service Platform. Whether you are a customer, supplier you can now exchange data electronically with all your partners.

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