Management of Corporate Business Process Cost Performance Based on Key Costs Data

Alexander N. Vizgunov and Yuri V. Trifonov
Additional contact information
Alexander N. Vizgunov: National Research University Higher School of Economics, Nizhni Novgorod, Russian Federation,
Yuri V. Trifonov: Lobachevsky State University of Nizhni Novgorod, Nizhni Novgorod, Russian Federation

International Journal of Economics and Financial Issues, 2017, vol. 7, issue 2, 1-6

Abstract: One of the most complex problems of implementing corporate process-based management includes arrangements for accounting and analysis of costs related to business process execution. Methods conventionally used to these ends cannot be leveraged in terms of business processes whose cost performance changes dynamically, which is particularly customary for companies in emerging markets. The methods proposed by this article authors are only based on accounting and analysis of most important key costs. In reliance on key costs, one develops an indirect costs exact distribution model, which indirect costs are related to the execution of various business processes. Key costs data is also used to analyze alternatives of cost reduction and risk minimization. This paper offers criteria for qualifying costs as key costs. Fundamental principles have been determined for developing an activity-based costing model based on key costs data, and trends in analysis of key costs have been established.

Keywords: Business Process Management; Cost Analysis; Activity-based Costing (search for similar items in EconPapers)
JEL-codes: D24 M4 (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.econjournals.com/index.php/ijefi/article/download/3838/pdf (application/pdf)
http://www.econjournals.com/index.php/ijefi/article/view/3838/pdf (text/html)

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:eco:journ1:2017-02-01

Access Statistics for this article

International Journal of Economics and Financial Issues is currently edited by Ilhan Ozturk

More articles in International Journal of Economics and Financial Issues from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().