Orlenko N.S
Orlenko K. О
Kyiv National Economic
University
Creating a budget implementation
subsystem of a bank information system
An efficient operation of a bank is impossible without
a well-organized system of budgeting. Budgeting is the process of planning and
consideration of the actual results of a bank during the reporting period (the
period of budgeting). The purpose of budgeting is to provide complete, accurate
and timely information about the activities of the credit organizations to the
management to enable them to make
effective decisions on the management
of the income and expenses of a bank, the structure of its assets,
liabilities, and capital investments, as well as to develop an effective system
of employee motivation.
The
purpose of this paper is the development of the conceptual decisions and
scientific methodical basis of a budgeting
subsystem of a bank and the development of business process execution of
the bank budget’s implementation.
During the business processes automatization three main phases of budgeting were taking
into account:
• Budget planning - includes preparation, negotiation
(reduction) and adoption of targets,
• consideration of the actual execution of the budget
- means calculation of the actual values of the budget items on
the basis of the performance data,
• monitoring the performance and budget analysis -
assumes control of the deviations of actual values of the planned
ones and the results analysis.
The main tasks of
a budgeting subsystem development
are:
·
obtaining
data about what the actual results achieved by the implementation of the budget
and how they differ from the planned.
·
formation of
the data on the income and expenditure as at a bank as a whole and in
individual business sphere,
• quantitative assessment of the effectiveness of each
unit (responsibility center) and business sphere.
The analysis of the international experience in the
automatization of this task was carried out. Guiding associated to the use of
software products were formed. There are two type of software:
·
software which provides support for planning and
budgeting,
·
software for
construction of business processes.
As
a tool for planning and budgeting, Oracle Hyperion Planning System Planning has
been recommended. Notice. Oracle Hyperion Planning is a budgeting and
forecasting application from Oracle formerly owned by Hyperion Solutions
Corporation. Oracle Hyperion Planning is a centralized, Excel and Web-based
planning, budgeting and forecasting solution that integrates financial and
operational planning processes and improves business predictability. Oracle
Hyperion Planning provides an in-depth look at business operations and its related
impact on financials, by tightly integrating financial and operational planning
models. With Oracle Hyperion Planning you can meet your immediate financial
planning needs while enabling a platform for future cross-functional expansion
and automated process integration.
The
software itself is a collection of JavaServer Pages and Java Servlets that
provide a web interface, as a part of an N-tier architecture: a relational
database (Microsoft SQL Server, IBM DB2 or Oracle database), Java EE servlet
container (Apache Tomcat, IBM WebSphere, BEA Weblogic or Oracle Application Server).
As a tool of developing the business process it is
recommended to use WebSphere
Application Server , IBM Business
Process Manager.
WebSphere Application Server
addresses the needs of modern
enterprises and developers. For an enterprise, it provides a choice of
application server solutions precisely according to the editions available. It
also provides increased scalability, resiliency, and security for critical
applications and the flexibility to provide new suggestions quickly and
efficiently. It includes a lightweight and powerful, yet simple, application
server to satisfy multiple requirements around a simplified low-end application
environment.
IBM Business Process Manager is a BPM platform that
provides complete transparency and management of an organization's business
processes.
To conclude, in this paper we discussed the issues
concerning budget development and budget implementation business process
automatization, which allowed to improve the quality of services and resource
optimization
References
1.Положення (стандарти) бухгалтерського обліку 1
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2.Положення (стандарти)
бухгалтерського обліку 16 «Витрати»: Затверджено наказом Міністра фінансів
України від 31.12.1999р. №318// Офіційний вісник України. – 2000. №3. – Ст.102
https://www14.software.ibm.com
http://www.oracle.com