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- Title
Receivables Management: Optimization of Problematic Business Process of the Telecommunications Company.
- Authors
Sverdan, Mikhail; Korzachenko, Olga
- Abstract
Business process "receivables management" is a key position both in the system of financial management of the telecommunications company and its operating activities. The need for optimization of the business process is determined by its influence on financial performance. The paper considers the approach to optimize the business process within the framework of the Six Sigma methodology. To define accounts receivable probability, logit regression mathematical model has been proposed. The paper also considers the issue of the selection of terms for service payment in order to approximate the level of accounts receivable to the optimal value.
- Subjects
SIMULATED annealing; ROBOTIC path planning; ROBOTICS; SIMULATION software; ACCOUNTS receivable; VACUUM cleaner design &; construction; MANAGEMENT
- Publication
Information Technology & Management Science, 2012, p142
- ISSN
2255-9086
- Publication type
Article
- DOI
10.2478/v10313-012-0022-7