scholarly journals THE EFFECT OF FINANCIAL LITERATURE, HUMAN RESOURCES COMPETENCE AND THE UTILIZATION OF INFORMATION TECHNOLOGY ON FINANCIAL MANAGEMENT IN MSMES IN LHOKSEUMAWE CITY

2021 ◽  
Vol 1 (1) ◽  
pp. 24-40
Author(s):  
Khairil Anwar ◽  
Farhani F ◽  
Andri Saifannur ◽  
Aswati A
Keyword(s):  
Information Technology ◽  
Human Resources ◽  
Human Resource ◽  
Financial Literacy ◽  
Financial Management ◽  
Small And Medium Enterprises ◽  
Business Decision ◽  
The People ◽  
Medium Enterprises ◽  
Available Information

Micro, Small and Medium Enterprises (MSMEs) in Indonesia are one of the priorities in national economic development. MSMEs provide the largest contribution to the trade sector as much as 46.17% with a workforce distribution of 31.81% which is one of the economic drivers of the people and supporters of the Indonesian economy. In business, decision making must be rational and based on available information. This shows that the importance of the level of knowledge related to information as well as qualified human resources to make good decisions. This research design is descriptive and quantitative. This research was conducted at Micro, Small and Medium Enterprises which are active in Lhokseumawe City. Statistical analysis shows that financial literacy, human resource competence and information technology have a significant effect on the financial management of Micro, Small and Medium Enterprises in Lhokseumawe City. The results of this study provide useful information and valuable insights for MSMEs and can find out the magnitude of the role of financial literacy, human resource competence, technology and financial management in maintaining or developing a business, so as to increase innovation and be proactive in managing MSMEs so that they are able to face competition.

scholarly journals KOMPETENSI SUMBER DAYA MANUSIA DAN SIKAP LOVE OF MONEY DALAM PENGELOLAAN KEUANGAN USAHA MIKRO KECIL MENENGAH (UMKM)

2018 ◽  
Vol 8 (2) ◽  
pp. 135
Author(s):  
Komang Adi Kurniawan Saputra ◽  
L.G.P. Sri Ekajayanti ◽  
Putu Budi Anggiriawan
Keyword(s):  
Knowledge Management ◽  
Human Resources ◽  
Human Resource ◽  
Financial Management ◽  
Small And Medium Enterprises ◽  
Economic Entity ◽  
Love Of Money ◽  
Money Attitude ◽  
Medium Enterprises ◽  
The Relationship

This research explores the relationship between human resource competence and love of money attitude toward financial management of small and medium enterprises based on economic entity concept with moderated by knowledge management. This study proves that with the integration of several disciplines can help SMEs in managing their business, both from human resource management and accounting and financial management. This study uses a sample of 100 MSMEs engaged in the trade sector in Gianyar regency. Using MRA (Moderated Regression Analysis) method. The results of this study are the competence of human resources and attitudes of love of money affect the financial management based on economic entity concept. Further knowledge management is able to moderate the relationship between competence of human resources and attitude of love of money to financial management based on economic entity concept.

Measuring Information Technology Capability of Small and Medium Enterprises in Rajasthan

2015 ◽  
Vol 9 (1and2) ◽  
Author(s):  
Dr. Ankur Roy ◽  
Dr. Vishal Vyas ◽  
Ms. Priyanka Jain
Keyword(s):  
Information Technology ◽  
Human Resource ◽  
Business Strategy ◽  
Small And Medium Enterprises ◽  
Clear Understanding ◽  
Four Dimensions ◽  
It Architecture ◽  
Technology Capability ◽  
Medium Enterprises ◽  
Information Technology Capability

Use of Information Technology (IT) at the functional level by the small and medium enterprises (SMEs) is a recent phenomenon. Moreover, IT adaptation by the SMEs in India is at an emerging phase. As investments in IT continue to grow, SMEs managers’ awareness of the need to derive the value of IT is also increasing. Research has shown that SME managers are increasingly adopting new IT technologies in all aspects of business activities. On the backdrop, this research intends to measure information technology capability (ITC) in SMEs in Rajasthan state. ITC is a firm’s ability to acquire, deploy, and leverage its IT related resources in combination with other resources in order to achieve business objectives through IT implementation. The paper identifies four dimensions, viz. IT infrastructure, IT architecture, IT human resource, and IT relationship resource, in an effort to measure the ITC construct. To accomplish the above objective a sample of 193 SMEs have been surveyed through a pre-tested questionnaire. Results suggest that model fit statistics are reasonably acceptable and IT human resource as a significant contributor to the ITC construct followed by IT architecture. The study may help the firms to leverage technology to differentiate them from competition. SME managers and entrepreneurs will be able to develop a clear understanding of the critical components of ITC and their role in supporting and shaping business strategy.

scholarly journals LITERASI DAN MODEL MANAJEMEN KEUANGAN UMKM BERBASIS DIGITAL PADA UMKM-UMKM DI KABUPATEN BOALEMO PROVINSI GORONTALO

2021 ◽  
Vol 5 (2) ◽  
pp. 45-55
Author(s):  
Sukrianto Sukrianto Namrud
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Small And Medium Enterprises ◽  
Qualitative Approach ◽  
Management Model ◽  
Community Groups ◽  
Financial Reports ◽  
Descriptive Research ◽  
Manual Recording ◽  
Medium Enterprises

In 2015 to 2020 UMKM in Boalemo Regency have experienced ups and downs. This is a problem of decline, one of the main reasons is that UMKM have not been able to survive with their capital. The purpose of the research is to provide knowledge to community groups/micro and small and medium enterprises (UMKM) about literacy and digital-based UMKM financial management models, and to be able to increase the participation of community groups/UMKM in managing UMKM through the provision of knowledge about digital-based management. Descriptive research method with a qualitative approach. The results showed that UMKM in Boalemo District experienced problems in running their businesses, especially during the pandemic due to the lack of government attention in helping UMKM in Boalemo District. The average UMKM in Boalemo Regency in the use of financial literacy fully understands the development of digital-based UMKM, especially in increasing income, even their education level in managing good financial management and digitally still relies on manual recording. While the digital-based UMKM financial management model is not in accordance with the targets and objectives. This is evidenced by UMKM business actors who have not been able to make financial reports. UMKM in Boalemo Regency have not been able to use information technology and social media, especially in utilizing digital based financial management designs. This is because UMKM only rely on manual recording. Keywords: Literacy, Model, Financial Management and UMKM

scholarly journals Information technology integration for accelerated knowledge sharing practices: challenges and prospects for small and medium enterprises

2019 ◽  
Vol 17 (4) ◽  
pp. 131-140 ◽  
Author(s):  
Patrick Ajibade ◽  
Ezra M. Ondari-Okemwa ◽  
Mamadi M. Matlhako
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Knowledge Sharing ◽  
Real Time ◽  
Small And Medium Enterprises ◽  
Global Market ◽  
Strong Positive Correlation ◽  
It Infrastructure ◽  
Business Decision ◽  
Medium Enterprises

This paper argues that business enterprises in this competitive global market cannot compete and remain sustainable without effective knowledge sharing to improve business intelligence processes. The central argument hinges on the deployment and use of information technology (IT) as strategic tools to promote business decision making through quick business data analysis and dissemination of business ideas across business units and locations. The study reiterated the critical role IT plays in facilitating a culture of organizational learning and knowledge sharing practices. The study utilized surveys and questionnaires that were distributed to 230 small and medium enterprises (SMEs), and both descriptive and inferential statistics were used to present the results. Findings showed that firms are still using one-on-one meeting to share knowledge, while knowledge sharing activities are controlled through a rigid and inflexible process at the top management level, thereby hindering knowledge flow that is crucial for real-time decision making. The advances in IT have not been used advantageously to improve knowledge sharing and to advance business management. The paper concludes that without strong positive correlation between IT infrastructure integration, and communication strategies and knowledge sharing, the SMEs may not be able to compete in a highly competitive knowledge economy. Consequently, they may lose leverage to another competitor with more robust and mature IT infrastructure alignment for sharing business analytics and intelligence efficiently. A technologically driven, open, and informal approach to knowledge sharing for productive and innovative engagement is recommended. Furthermore, the use of IT that can promote agile and real-time knowledge sharing is recommended.

scholarly journals Financial Performance Analysis on Micro, Small, and Medium Enterprises of Cassava Product in Cibadak, Lebak Regency,

2020 ◽  
Vol 16 (2) ◽  
pp. 257-268
Author(s):  
Denis Mukarromah ◽  
Jubaedah Jubaedah ◽  
Miguna Astuti
Keyword(s):  
Financial Performance ◽  
Financial Literacy ◽  
Financial Management ◽  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Descriptive Analysis ◽  
Partial Least Square ◽  
Least Square ◽  
Medium Enterprises ◽  
Positive Effect

Abstract: There are indications of difficult capital access for MSMEs in Lebak. It is shown by Statistic Bureau (BPS) data in Banten Province that only 7.44% of micro and small businesses in Banten obtain or apply for credit, or only 0.95% of Lebak micro and small businesses that can obtain or apply for credit. This research aims to determine the effect of (1) financial literacy on financial performance and (2) financial management on financial performance. This research is quantitative descriptive. The subjects were MSMEs of cassava processed products in Cibadak, Lebak Regency by distributing questionnaire to 86 samples. The data analysis technique used was descriptive analysis and inferential analysis with Partial Least Square (PLS). The results of this research show that (1) financial literacy has a positive effect on financial performance, and (2) financial management has a positive effect on financial performance.Keywords: financial literacy, financial management, financial performance Analisis Kinerja Keuangan pada Pelaku UMKM Produk Olahan Singkong di Cibadak Kabupaten Lebak, BantenAbstrak: Terdapat indikasi sulitnya akses permodalan pada UMKM di Lebak, Banten. Ditunjukan oleh data BPS Provinsi Banten bahwa hanya 7,44% usaha mikro dan kecil di Banten yang memperoleh ataupun mengajukan kredit atau hanya 0,95% dari usaha mikro dan kecil Lebak yang dapat memperoleh atau mengajukan kredit. Penelitian ini bertujuan untuk mengetahui pengaruh (1) literasi keuangan terhadap kinerja keuangan, (2) pengelolaan keuangan terhadap kinerja keuangan. Bentuk penelitian ini adalah deskriptif kuantitatif. Subjek dalam penelitian ini adalah pelaku UMKM produk olahan Singkong di Cibadak, Kabupaten Lebak dengan penyebaran kuisioner pada 86 sampel. Teknik analisis data yang digunakan adalah analisis deskriptif dan analisis inferensial dengan Partial Least Square (PLS). Hasil penelitian ini menunjukan (1) literasi keuangan berpengaruh positif terhadap kinerja keuangan, dan (2) pengelolaan keuangan berpengaruh positif terhadap kinerja keuangan.Kata kunci: literasi keuangan, pengelolaan keuangan, kinerja keuangan

scholarly journals Pemanfaatan Teknologi di Kelurahan Kubu Gadang Kota Payakumbuh sebagai Sarana Informasi, Peningkatan Sumber Daya Manusia, dan Pertumbuhan Ekonomi bagi Pelaku Usaha Mikro Kecil Menegah (UMKM)

2019 ◽  
Vol 2 (2) ◽  
pp. 84-90
Author(s):  
Irohito Nozomi ◽  
Cendra Wadisman
Keyword(s):  
Economic Growth ◽  
Information Technology ◽  
Human Resources ◽  
Human Resource Development ◽  
Small And Medium Enterprises ◽  
Business Sector ◽  
Technology Utilization ◽  
Equal Distribution ◽  
Urban Village ◽  
Medium Enterprises

In the current 4.0 era, which is happening in the current technology, it can be said to have almost reached a satisfactory level. Where these developments are very influential in all fields, as now information technology has also been applied in various aspects ranging from human resource development and the development of micro small and medium enterprises (MSMEs). All levels are provided with the ease of existing progress. However, the use of information technology has not been felt in all regions, resulting in gaps in human resources in each region and hampering the rate of economic growth, especially in the micro small and medium business sector. For this reason, it is necessary to have equal distribution of information technology utilization so that it can improve HR and encourage the growth of MSMEs. The purpose of this study is that the use of information technology can improve human resources and strengthen the economy of the community from the MSME sector, especially in Kubu Gadang Urban Village, Payakumbuh. Keywords: Information Technology, Human Resources, SMEs.

scholarly journals Economic Business Sustainability and Strengthening Human Resource Capacity Based on Increasing the Productivity of Small and Medium Enterprises (SMEs) in Makassar City, Indonesia

2021 ◽  
Vol 13 (6) ◽  
pp. 3177
Author(s):  
Hernita Hernita ◽  
Batara Surya ◽  
Iwan Perwira ◽  
Herminawaty Abubakar ◽  
Muhammad Idris
Keyword(s):  
Human Resources ◽  
Human Resource ◽  
Small And Medium Enterprises ◽  
Descriptive Analysis ◽  
Policy Support ◽  
Positive Contribution ◽  
Technology Utilization ◽  
Human Resource Capacity ◽  
Medium Enterprises ◽  
Resource Capacity

The dynamics of urban development coupled with economic growth have contributed positively to the development of small and medium enterprises (SMEs). Optimizing the utilization and strengthening of the capacity of SMEs’ human resources will encourage increased productivity of economic enterprises and the sustainability of small and medium enterprises (SMEs). This study aims to analyze (1) strengthening the capacity of human resources (HR) of small and medium enterprises to work as a determinant of increasing the productivity of small and medium enterprises (SMEs) and labor absorption; (2) the effect of strengthening the capacity of human resources (HR), business productivity, technology utilization, and business diversification on the sustainability of small and medium enterprises (SMEs); and (3) optimizing the role of government in supporting business development, increasing productivity, business stability and sustainability of small and medium enterprises (SMEs). This study uses a sequential explanatory design approach. Data were obtained through observation, in-depth interviews, surveys, and documentation. Qualitative analysis in this study was carried out through a process of data reduction, data presentation, and conclusion drawing, while the quantitative analysis in this study uses quantitative descriptive analysis, correlation, and multiple regression. The results showed that strengthening the capacity of human resources, coupled with the use of technology, and followed by diversification of business, had a positive contribution to increasing the productivity of small and medium enterprises (SMEs). Furthermore, strengthening human resource capacity, business productivity, technology utilization, and business diversification simultaneously have a positive and significant correlation to the sustainability of small and medium enterprises (SMEs) with a determination coefficient of 72.3%. This study recommends that government policy support through strengthening human resource capacity, increasing business productivity, technology utilization, and business diversification have an impact on the sustainability of small and medium enterprises (SMEs) in Makassar City, Indonesia.

THE EFFECT OF FINANCIAL LITERATION IMPLEMENTATION ON THE PERFORMANCE OF FINANCIAL MANAGEMENT IN MIDDLE SMALL MICRO ENTERPRISES IN TOMOHON CITY

2021 ◽  
Vol 9 (1) ◽  
pp. 106-115
Author(s):  
Victoria N. Untu
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Small And Medium Enterprises ◽  
Public Welfare ◽  
Higher Education Research ◽  
Master Plans ◽  
The Social ◽  
Medium Enterprises ◽  
And Behavior ◽  
Attitudes And Behavior

The research that will be carried out by the team refers to one of the Higher Education Research Master Plans, in this case Sam Ratulangi University, which is about matters related to the social, humanities and culture fields, with the topic of increasing the competitiveness of MSMEs and cooperatives. In this 21st century, the ability to manage money and finances effectively is becoming increasingly important, not only for professionals but for everyone who is responsible for managing financial affairs in everyday life. This ability is included in the term financial literacy. Financial literacy is not limited to understanding knowledge, skills and beliefs of existing financial institutions, products and services, but attitudes and behavior also have an influence in increasing financial literacy for the realization of public welfare. This study aims to determine how much influence the implementation of financial literacy has on financial management for MSME actors in Tomohon City. As for the sample in this study are the 70 micro, small and medium enterprises in Tomohon city. The final result or output of this research is in the form of a study on the implementation of good financial literacy in financial management performance in micro, small and medium enterprises in Tomohon city In addition, what is also the outcome of this research is the publication of National and International Journals. Keywords: financial literacy, financial management, MSMEs

PENGARUH LITERASI KEUANGAN TERHADAP PROFITABILITAS USAHA MIKRO KECIL DAN MENENGAH DI KOTA TANGERANG

2020 ◽  
Vol 12 (2) ◽  
pp. 270-293
Author(s):  
Eko Agus Prasetyo Endarto ◽  
Aloysius Alfando Tirtana
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Positive Influence ◽  
Financial Knowledge ◽  
Financial Behavior ◽  
Statistical Tool ◽  
Equation Modelling ◽  
Medium Enterprises

Financial literacy is important to improve personal and business financial management skill, especially for small and medium enterprises. Several previous studies have shown an influence between financial literacy and their profits. This research wants to examine whether there is an influence between financial literacy which consists of financial knowledge, behavior and attitude towards SME profits in Tangerang City. Structural Equation Modelling is used as a statistical tool to prove the specified hypothesis. By processing the data, it was found that there was a positive influence between financial literacy and profit.   Keywords: Financial Literacy, Financial Knowledge, Financial Behavior, Financial Attitude, Small Medium Enteprise

scholarly journals The Impact of Family Employment on The Development of Algerian Small and Medium Enterprises

2018 ◽  
Vol 2 (2) ◽  
pp. 155-167
Author(s):  
Merzougui MERZOUGUI ◽  
Nadir GHANIA
Keyword(s):  
Human Resources ◽  
Human Resource ◽  
Small And Medium Enterprises ◽  
The Family ◽  
Medium Enterprises ◽  
The Impact

Small and medium enterprises depend on the intensity of hand working, which shows the importance of human resources in them, but they still suffer from mis marketing of the human resource because of the family dominance over the management, which prefers the family member's employments. In this study we will try to measure its impact on the progress of Small and medium enterprises activity in Algeria

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