Modeling of factoring operations to increase payments of enterprises

  • Evgeniya Shevchenko Donetsk National University
  • Petr Leonov Donetsk National University
Keywords: modeling, factoring operations, payments, enterprise

Abstract

The article analyzed the actual problem of modeling the borrower's operations in the process of executing the loan agreement to support the necessary indicators of its solvency. A model was proposed that allows adjusting the latter to the optimal value by means of a solution in the field of factoring operations and models of the influence of the factoring operation on forecast indicators. These models (as in factoring, accounting and bills, and in combination with other methods) can be used by the enterprise as a whole to analyze the financial condition of the company, as well as to optimize the financial state for the reporting period in the required areas.

Author Biographies

Evgeniya Shevchenko, Donetsk National University
Shevchenko Evgeniya Aleksandrovna,cand.econ.sci., Economic Cybertnetics Dept., Donetsk National University(Donetsk, Ukraine)
Petr Leonov, Donetsk National University
Leonov Petr Vladimirovich,postgraduate, Economic Cybertnetics Dept., Donetsk National University(Donetsk, Ukraine)

References

Stoyanova E. (1999) Financial management: theory and practice, (4th ed). Moscow: Perspective, 656 p.

White, Gerald I.; Sondhi, Ashwinpaul C.; Fried, Dov. (2003). The analysis and use of financial statements (3rd ed). Hoboken, N.J.: Wiley., 767 p.

Lysenko Yu.; Petrenko V.; Lepa R.. (1995). Determining the financial and economic state of the enterprise, Donetsk: IEI, 46 p.

Lysenko Yu; Levitsky S.; Svidenko R. (1998) Economic and mathematical modeling of the effectiveness of the use of financial instruments. Models of management in a market economy, vol.2, Donetsk: DonNU, pp. 271-281

Lysenko Yu. (2009) Methods of crisis management on weak signals: monograph, Yugo-Vostok, Ltd., 195 p.

Levitskiy S. (2012). Modeling of project management of complex economic objects: monograph. Yugo-Vostok, Ltd., 341 p.

Mikitenko V.; Levitsky S. (2008) Models of effective control of economic system’s development and results of their implementation, Economic Cybernetics, vol.3-4(51-52), Donetsk,DonNU, pp.12-20.

Demyentyev V. (2004) Mathematical modeling in the international economy / [Demyentyev VV Dziuba S., Lepa RN et al.] – Donetsk, LLC "Lybid", 473 p.

Lepa RN, Levitsky SI (2000) Integration of the management accounting system and enterprise’s financial modeling, Proceedengs of Interational conference, Kharkiv, p. 34-37.

Levitskiy, S., & Frunze, I. (2014). Planning Technique for Complex Economic Object’s Synergy at Mergers and Acquisitions, International Journal of Economics, Commerce and Management, Vol.2, Is.6. Availible at: http://ijecm.co.uk /wpcontent/uploads/2014/ 02/266.pdf

Published
2014-05-07
Section
Computer systems and informational technology in economics