A Systematic Approach to Financial Planning in Firms and Its Implementation in an Enterprise

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Abstract:
Planning in firms as a kind of resources planning in an enterprise at the macro level is of particular importance. Software packages used to manage resources are integrated sets of pre-designed and pre-built software that cover all business processes of the organization. Achieving maximum efficiency in the implementation of these software’s and their synchronization with organizational needs are very complex problems. From a general view compatibility of software’s input and output and its process control requires modeling and designing of a corporate planning system as a software package in the firm. In this paper، a system which can be useful for different economic planning agency is prepared and supported. This system has been used in of one of the companies of the Industrial Development and Renovation Organization of Iran. Using this system we could evaluate company’s past and present problems. The output of this system in the form of economic and financial ratios could be used to evaluate the policy of the firm and its balance sheet within the firm’s planning framework. This framework can then be used in the preparation of budgets and financial plan in the firm.
Language:
Persian
Published:
Quarterly Journal of Fiscal and Economic Policies, Volume:2 Issue: 5, 2014
Pages:
73 to 92
https://magiran.com/p1297768