Substantiating the use of automated platforms for cash flow management at small and medium-sized businesses

Authors

DOI:

https://doi.org/10.15587/1729-4061.2025.340562

Keywords:

cash flow management, small and medium-sized businesses, BPMN modeling, automated financial systems, SME digital transformation

Abstract

This study considers cash flow management processes at small and medium-sized businesses in the context of digitalization. The subject of the study is a set of digital solutions that enable the optimization of cash flow management processes by enterprises. The task addressed relates to the economic feasibility of using automated cash flow management platforms for small and medium-sized businesses. To this end, the work identified the features of existing financial accounting tools and analytical cash flow management platforms.

An example of using the Finmap online platform proves the advantages of visualizing financial information, which is easily perceived even by non-financial specialists. Automation of transaction accounting makes it possible to minimize manual labor and errors by 90% and allows business owners to receive structured information about the financial results of their activities and cash flow. The time required to analyze a company's financial condition and make decisions is reduced by 50% through quick access to key metrics and their visual display.

The prospects and feasibility of implementing digital solutions in cash flow management have been proven by modeling and simulation using Bizagi Modeler software. This tool made it possible not only to reflect the optimized cash flow management process using automated tools but also, by analyzing metrics, to quantitatively assess the minimization of process execution time and resource utilization. In the practical domain, this is an effective tool for substantiating a management decision on the feasibility of using digital solutions, with elements of training business owners and staff on their integration into operational activities

Author Biographies

Inna Aleksieienko, Simon Kuznets Kharkiv National University of Economics

PhD, Assosiate Professor

Department of Finance and Credit

Valeriia Baranova, V. N. Karazin Kharkiv National University

Doctor of Economic Sciences, Professor

Department of Banking Business and Financial Technologies

Education and Research Institute “Karazin Banking Institute”

Olena Trokhymets, V. N. Karazin Kharkiv National University; Katowice Business University (Akademia Górnośląska im. Wojciecha Korfantego w Katowicach)

Doctor of Economic Sciences, Professor

Department of International Economics and World Economy

Department Management and Marketing

Daria Bukreieva, Dnipro University of Technology

PhD, Associate Professor, Vice-Rector for Perspective Development

Department of Economic Analysis and Finance

Olha Viunyk, Central Ukrainian National Technical University

PhD, Professor

Department of Economics, Management and Commercial Activities

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Substantiating the use of automated platforms for cash flow management at small and medium-sized businesses

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Published

2025-10-29

How to Cite

Aleksieienko, I., Baranova, V., Trokhymets, O., Bukreieva, D., & Viunyk, O. (2025). Substantiating the use of automated platforms for cash flow management at small and medium-sized businesses. Eastern-European Journal of Enterprise Technologies, 5(13 (137), 17–28. https://doi.org/10.15587/1729-4061.2025.340562

Issue

Vol. 5 No. 13 (137) (2025): Transfer of technologies: industry, energy, nanotechnology

Section

Transfer of technologies: industry, energy, nanotechnology

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Copyright (c) 2025 Inna Aleksieienko, Valeriia Baranova, Olena Trokhymets, Daria Bukreieva, Olha Viunyk

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