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System Management and Improvement of Payment Planning Processes in Production Engineering Cover

System Management and Improvement of Payment Planning Processes in Production Engineering

Open Access
|Oct 2023

Abstract

The aim of this paper was to propose an innovative solution for the management and payment planning processes in manufacturing enterprises with the support of an in-house SAP system in accounting and administration of services in order to streamline enterprise processes. The methods used were analysis of internal environment, observation method, analysis of written documents, analysis of microenvironment of manufacturing enterprises, SWOT analysis, internal data from the SAP system, process structural analysis and process map. The results obtained, in conjunction with application of scientific research methods, contributed to development of an application that reduces risk of negative reputation of manufacturing enterprises and promotes business partnerships in supplier-customer relationships where late payment of obligations occurred due to an out-dated management and payment planning processes. The new application is a potential solution reducing risks of payment of obligations in processes of managing and planning payments for SMEs.

DOI: https://doi.org/10.2478/danb-2023-0013 | Journal eISSN: 1804-8285 | Journal ISSN: 1804-6746
Language: English
Page range: 215 - 234
Published on: Oct 5, 2023
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2023 Radka Vaníčková, published by European Association Comenius - EACO
This work is licensed under the Creative Commons Attribution 4.0 License.