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{"id":20872,"date":"2025-12-03T20:25:10","date_gmt":"2025-12-03T18:25:10","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=20872"},"modified":"2025-12-11T15:32:45","modified_gmt":"2025-12-11T13:32:45","slug":"accounting-and-analytical-management-of","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/accounting-and-analytical-management-of\/","title":{"rendered":"Bozhko O., Voliak L. Accounting and Analytical Management of Settlements with Suppliers in the Context of Digital Transformation of Business Processes"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]<\/p>\n\n\n\n
JEL Classification:<\/strong> M41, G32, D24.<\/td>\nDOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V53(2025)-04<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][vc_column_text]Bozhko Oleksandra, <\/b>Master\u2019s degree student, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine<\/span><\/p>\n

ORCID:<\/strong> 0009-0009-1544-4804<\/span><\/a>
\ne-mail: <\/strong>alexandrabozhko18@gmail.com<\/span><\/a><\/p>\n

Voliak Lesia, <\/b>PhD in Economics, Associate Professor, Associate Professor of the Department of Statistic and Economic Analysis, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine<\/span><\/p>\n

ORCID:<\/strong> 0000-0001-7792-8729<\/span><\/a>
\ne-mail: <\/strong>voliaklr@nubip.edu.ua<\/span><\/a><\/p>\n

 <\/p>\n

Accounting and Analytical Management of Settlements with Suppliers in the Context of Digital Transformation of Business Processes<\/b><\/h2>\n

Abstract. Introduction<\/i><\/b>.\u00a0<\/span><\/i>This article examines how improving the accounting and analytical management system for settlements with suppliers and contractors is key to ensuring enterprises’ financial stability and solvency.<\/span><\/i><\/p>\n

Purpose<\/i><\/b>. The study emphasizes that managing accounts payable effectively depends on integrating accounting, analytical, and management subsystems, as well as digitally transforming financial operations.<\/span><\/i><\/p>\n

The research supports the shift from traditional accounting methods to integrated digital management systems combining SRM (Supplier Relationship Management), ERP (Enterprise Resource Planning), and accounting modules into a unified information environment. This approach enables continuous control and analysis of contractual and payment operations, improves transparency, reduces the risk of late settlements, and enhances the overall liquidity management process.<\/span><\/i><\/p>\n

The article proposes a conceptual model of SRM-ERP-accounting integration that ensures real-time monitoring of obligations, synchronizes data between financial and operational modules, and automates the generation of analytical indicators for management decision-making. Using BI platforms (Power BI, Tableau, and QlikView) and cloud-based ERP solutions contributes to cash flow forecasting, identifying potential payment gaps, and optimizing financial cycles.<\/span><\/i><\/p>\n

Results<\/i><\/b>. The results demonstrate that digitalization of accounting and analytical processes transforms traditional accounting from a static record-keeping function into a proactive management tool.<\/span><\/i><\/p>\n

Conclusions<\/i><\/b>. It is established that an integrated digital framework that supports data-driven decision-making, operational efficiency, and sustainable enterprise development in rapidly changing business environments.<\/span><\/i><\/p>\n

Keywords<\/b>: accounting and analytical management; settlements with suppliers; SRM system; ERP system; accounting digitalization; financial stability; BI analytics.<\/span><\/i><\/p>\n

References<\/b>:<\/strong><\/p>\n

    \n
  1. Grytsay, O.\u00a0I., & Stanasyuk, N.\u00a0S. (2018). Management of the Several Protection of the Enterprise in the Context of Its Accounting-Analytical Software. <\/span>Economy and Society<\/span><\/i>, 15, 825-832. https:\/\/economyandsociety.in.ua\/journals\/15_ukr\/125.pdf.<\/span><\/li>\n
  2. Kononenko, L., Sysolina, N., & Yurchenko, O. (2021). The Accounts Receivable Management: Current Situation, Problems, Prospects, Information Support. <\/span>Economic scope<\/span><\/i>,\u00a0 166, 104-109. https:\/\/prostir.pdaba.dp.ua\/index.php\/journal\/article\/view\/821.<\/span><\/li>\n
  3. Kulynych, M., Melnyk, K., Sadovska, I., & Melnyk, D. (2024). Regulatory and Legal Provision of Accounting and Control of Settlements with Suppliers and Contractors.<\/span> Economic journal of Lesya Ukrainka Volyn National University<\/span><\/i>, 3(39), 42-50. <\/span>https:\/\/doi.org\/10.29038\/2786-4618-2024-03-42-50<\/span>.<\/span><\/li>\n
  4. Mudryk, V., & Razborska, O. (2022). Technologies of accounting, analysis and audit of settlements with suppliers, their impact on ensuring business continuity. <\/span>Economic analysis<\/span><\/i>, 32(3), 263-272. DOI: 10.35774\/econa2022.03.263.<\/span><\/li>\n
  5. Mulyk, T., Tomchuk, O., & Fedoryshyna, L. (2019). Analytical Provision of the Enterprise’s Debt in the Context of Crisis Management. <\/span>Economy, finances, management: Topical issues of science and practice<\/span><\/i>, 1, 146-160. https:\/\/repository.vsau.org\/getfile.php\/22187.pdf.<\/span><\/li>\n
  6. Pasternak, \u041c. \u041c. (2018). Methodology of Analysis of Account Receivable. <\/span>Global and National Problems of Economy<\/span><\/i>, 23, 681-686. http:\/\/global-national.in.ua\/archive\/23-2018\/131.pdf.<\/span><\/li>\n
  7. Tyutiunnyk, Y. M., Dorohan-Pysarenko, L. O., & Tyutiunnyk, S. V. (2020). <\/span>Finansovyi analiz<\/span><\/i>. Vydavnytstvo PP \u00abAstraya\u00bb.<\/span><\/li>\n
  8. Krsti\u0107, A., Rejman-Petrovi\u0107, D., Nedeljkovi\u0107, I., & Mimovi\u0107, P. (2023). Efficiency of the use of information and communication technologies as a determinant of the digital business transformation process. <\/span>Benchmarking: An International Journal<\/span><\/i>, 30(10), 3860-3883. https:\/\/doi.org\/10.1108\/BIJ-07-2022-0439.<\/span><\/li>\n
  9. Su, F., Tao, S., & Ying, R. (2025). Agricultural transformation in the digital age: Digital inclusive finance and the development of new agricultural business entities. <\/span>Finance Research Letters<\/span><\/i>, 72. https:\/\/doi.org\/10.1016\/j.frl.2024.106614.<\/span><\/li>\n
  10. Fedoryshyna, L., & Popovych-Zubchynska, K. (2020). Accounting and analysis of settlements with suppliers and contractors. <\/span>Magyar Tudom\u00e1nyos Journal<\/span><\/i>, 41, 6-19.<\/span><\/li>\n
  11. Fang, Q., Wang, Z., & Dang, L. (2025). Audit effort in the digital Era: Uncovering the dynamic interplay of business strategy and digital transformation. <\/span>International Journal of Accounting Information Systems<\/span><\/i>, 56. <\/span>https:\/\/doi.org\/10.1016\/j.accinf.2025.100747<\/span>.<\/span><\/li>\n
  12. Zhou, Y., Wang, W., & Liu, Y. (2025). How does digital transformation drive green innovation in agricultural supply chains? <\/span>Renewable and Sustainable Energy Reviews<\/span><\/i>, 217. <\/span>https:\/\/doi.org\/10.1016\/j.rser.2025.115780<\/span>.<\/span><\/li>\n<\/ol>\n

    [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received: <\/strong>21 October 2025<\/span><\/p>\n

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    How to quote this article?<\/p>\n<\/td>\n<\/tr>\n

    Bozhko O., Voliak L. (2025). Accounting and Analytical Management of Settlements with Suppliers in the Context of Digital Transformation of Business Processes. Modern Economics, 53(2025), 27-32. DOI: https:\/\/doi.org\/10.31521\/modecon.V53(2025)-04.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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    [vc_row][vc_column][vc_column_text] JEL Classification: M41, G32, D24. DOI: https:\/\/doi.org\/10.31521\/modecon.V53(2025)-04 [\/vc_column_text][vc_column_text]Bozhko Oleksandra, Master\u2019s degree student, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine ORCID: 0009-0009-1544-4804 e-mail: alexandrabozhko18@gmail.com Voliak Lesia, PhD in Economics, Associate Professor, Associate Professor of the Department of Statistic and Economic Analysis, National University of Life and Environmental Sciences of Ukraine, Kyiv,
    Read more<\/a><\/p>\n","protected":false},"author":10,"featured_media":13475,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[242],"class_list":["post-20872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-53-2025","tag-53-2025"],"_links":{"self":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts\/20872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/comments?post=20872"}],"version-history":[{"count":3,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts\/20872\/revisions"}],"predecessor-version":[{"id":21243,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts\/20872\/revisions\/21243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/media\/13475"}],"wp:attachment":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/media?parent=20872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/categories?post=20872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/tags?post=20872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}