Providing software support for economic analysis

Olha Starkova (), Dmytro Bondarenko and Yevhen Hrabovskyi
Additional contact information
Olha Starkova: Simon Kuznets Kharkiv National University of Economics
Dmytro Bondarenko: Simon Kuznets Kharkiv National University of Economics
Yevhen Hrabovskyi: Simon Kuznets Kharkiv National University of Economics

Technology audit and production reserves, 2023, vol. 5, issue 2(73), 34-39

Abstract: Today, modern software and hardware of information technologies are used to automate production processes, starting from modeling of technical developments and automated computer systems. This study is aimed at describing the process of implementing software support for economic analysis of the enterprise, which will calculate the main economic indicators and informatively display the calculated data. The object of the study is an automated system for calculating and maintaining the main economic indicators of the enterprise. The subject of research is methods of database design and development, data visualization and web applications. A review of literature sources allowed to conclude that most often to assess the economic performance of the enterprise, standard technologies are used, which the authors adapt to specific economic problems. In addition, the analysis of modern research has not identified a single software product that would collect, accumulate, analyze information and calculate the main indicators of economic activity of the enterprise, as well as monitor changes in such indicators in the dynamics. Automation of calculation of economic indicators, statistical analysis and visualization of data gives the chance to carry out effective management of the enterprise in modern economic conditions. The developed system allows to analyze the use of fixed assets; working capital analysis; analysis of the use of labor resources; profitability analysis; analysis of financial stability of enterprises. The paper shows the process of developing a functional model of a web application for the automated calculation of key economic indicators, and presents the advantages and disadvantages of working with the PostgreSQL database management system. The structure of the developed database, which consists of four tables, is given. An example of the work of the developed web application is presented.

Keywords: software; web application; financial analysis; automated system; database (search for similar items in EconPapers)
Date: 2023
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.uran.ua/tarp/article/download/289918/283671 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:baq:taprar:v:5:y:2023:i:2:p:4-39

DOI: 10.15587/2706-5448.2023.289918

Access Statistics for this article

More articles in Technology audit and production reserves from PC TECHNOLOGY CENTER
Bibliographic data for series maintained by Iryna Prudius ().