Abstract-The operating environment of Small and Mediumsized Enterprises (SMEs) is more uncertain and risky comparing to big enterprises. The SMEs managers often face insufficient funds and lack of domain expertise to undertake important financial decisions. Moreover they are often unaware of opportunities offered by financial institutions. Therefore there is a growing need for intelligent and interactive webbased tools integrating data and providing information from heterogeneous sources, oriented on risk-detection and decision support for small and medium enterprises. In this paper the semantic Web services platform has been proposed, which integrates the internal data from the company's databases and external Web resources to perform dynamic evaluation of the financial position of enterprise. The designed platform detects signals indicating the need for action, and it composes a process choosing available Web services aiming at improving the company's financial situation.OMPETITIVE challenges on a global market require decision makers of small and medium enterprises (SMEs) to have up-to-date and relevant knowledge of the economic situation of the company and its environment. Managers must have the possibility to identify and analyze all indicators that may have impact on the operations of the enterprise and moreover they have to react to market changes and take the appropriate actions. In a world teeming with overwhelming amount of data accessible by the World Wide Web analyzing information becomes very difficult. Discovering and understanding all dependences between various financial ratios while taking into account economic trends is crucial because they alert one to anomalies and threats [1]. C Unfortunately, many of the managers of the SMEs lack expertise or meaningful experience in financial domain as well as the potentials the Web services can bring to the business. Furthermore, SMEs operate in a definitely more uncertain and risky environment than big enterprises. A complex and dynamic market changes have much more impact on SMEs' financial situation than on big companies. Tolerance of mistakes is narrower [2], [3]. Usually financial expertise is either not available or too expensive for the managers of SMEs. Big companies, in contrast, have at their disposal strategic consultation and elaborated procedures to solve problems. The SMEs cannot achieve this level of expertise due to the lack of skilled personnel and financial resources.The decision makers often act intuitively so the rationality of their decisions may be questionable. Especially in exceptional and unusual cases intuition alone can be unreliable [4]. According to Dane and Pratt [5], the effectiveness of intuitive decision-making depends on the decision-maker's level of expertise on the subject at hand. Therefore there is a growing need for intelligent and interactive Web-based tools integrating data and providing information from heterogeneous sources, oriented on risk-detection and decision support.The diversity of solutions and opportunit...
