An Expert System to Detect Risk Levels in Small and Medium Enterprises (SMEs)

Abstract

Nowadays, Small and Medium Enterprises (SMEs) that hold a better competitive position have adopted technology as their key element to become competitive in a globalized market. In Mexico, 72% of the employment of the country and 52% of the GDP comes from SMEs. The importance of keeping alive and working such entities is crucial for the country and one key element is related to their first years. The following work presents a work in progress expert system for Risk Assessment based on a series of evaluations of indicators that provide an insight of the SMEs economic health. The system is based on a real-life scenario with a tailored knowledge base.

A Web-Based Expert System Application for Working Capital Management

“…In this direction, they have developed a knowledge-based expert system prototype using data mining to accommodate decision-making for SMEs. Hernandez et al (2015) developed an expert system based on three main criteria (labor, financial, and fiscal) to identify risks for SMEs in Mexico. In this direction, they evaluated the indicators of each criterion according to their priority levels (risk-free, low, medium, high, very high), and the expert system made suggestions to avoid risks.…”