SHS Web Conf.
Volume 62, 201917th International Scientific Conference “Problems of Enterprise Development: Theory and Practice” 2018
|Number of page(s)||4|
|Section||Corporate Information Systems, Electronic Services and Cognitive Technologies|
|Published online||15 March 2019|
Mathematical Model of Economical Assessment of Investments in Information Provision for the Management System of a Modern Company
Samara State University of Economics, Samara, Russia
* Corresponding author: email@example.com
Information provision for a company’s management system not only provides data for evaluating day-to-day operations but also is an efficient tool for improving the reliability of the entire management system. For purposes of efficiently managing projects for implementing modern information provision, the company should design a formalized model for assessing the relationship between project-related financial costs and the number of automated business processes in place at the company. This paper proposes using a mathematical model that contains financial indicators such as net present value, cash flows, and discount rates. Thanks to lower investment risks, the model will improve the economic efficiency of investment projects as part of implementing information provision at the company.
Key words: management system / information provision / information flow / performance indicator
© The Authors, published by EDP Sciences, 2019
This is an open access article distributed under the terms of the Creative Commons Attribution License 4.0 (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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