Opportunities to Use Virtual Tools in Start-Up Fintech Companies

Petrov, Pavel; Ivanov, Svetoslav; Aleksandrova, Yanka; Димитров, Георги; Ovacikli, Aziz Kubilay

doi:10.5593/sgem2020/2.1/s07.032

Cited by 4 publications

(2 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Sharing accounting information with vendors and customers is usual practice (e.g., in [24], [25] and [26]). But these processes are step-by-step digitalized.…”

Section: Software Aspects Of Accountingmentioning

confidence: 99%

Issues in the Disclosure of Financial Information by Multinational Enterprises

Stefanov¹,

Georgieva²,

Vasilev³

2022

TEM Journal

View full text Add to dashboard Cite

The aim of this paper is to explore issues of investment presentation, financial instruments, earnings disclosure indicators and software aspects of accounting for multinational enterprises. The study is based on the public financial statements of the Solvay Group. The main approach is using two viewpoints – accounting view of financial information and IT view of financial information. The results of this study are useful for other multinational enterprises that prepare their financial statements in accordance with International Financial Reporting Standards and use big data in accounting.

show abstract

“…Sharing accounting information with vendors and customers is usual practice (e.g., in [24], [25] and [26]). But these processes are step-by-step digitalized.…”

Section: Software Aspects Of Accountingmentioning

confidence: 99%

Issues in the Disclosure of Financial Information by Multinational Enterprises

Stefanov¹,

Georgieva²,

Vasilev³

2022

TEM Journal

View full text Add to dashboard Cite

show abstract

“…Second, there is a strong and rapid development of information and communication technologies, which leads to increased demand for IT professionals to maintain and develop the traditional information infrastructure and information system of a business organization. As there is a shortage in the labour market of skilled IT professionals, much of the activity can be outsourced to reduce IT costs Petrov et al, 2020). For the needs of the management of the joint activity, it is necessary to use a common virtual information system (Iliev et al, 2010).…”

Section: Introductionmentioning

confidence: 99%

An Approach for Creating Business Model for Using Virtual Tools in Startup Companies

Petrov¹,

Ivanov²,

Petrivskyi³

2020

IJUSV-ESS

Self Cite

View full text Add to dashboard Cite

The forms of business organizations follow some steady trends driven by tendencies like the rapid development of IT and the transition of information systems. The application of virtualization and the use of virtual tools by start-up companies are discussed. The article reviews the phases of the business model and software product development. The activities in them are grouped and sample tools for each is listed. Also, the modern form of organization as the virtual office and corporation are reviewed as becoming necessary. In detail, the startup company is reviewed in the form of a virtual corporation with its characteristics. They are classified and areas of application and management issues are discussed. Finally, the coverage of activities with virtual tools is evaluated and summarized.

show abstract