DOI: 10.21637/GT.2015.4.01.

Business Process Management in the Finance Area of Small- and Medium-Sized Enterprises


Business processes management is a recognized approach to implementation of the objectives of an enterprise. The identification of key processes occurring in companies enables a more effective management of a business entity and becomes the key to the market success. Each element of the activity of an enterprise should be subject to an effective management. This applies particularly to the area of corporate finance, which is crucial for the efficient functioning of the company. At the same time, it is an activity area in which activities are combined in standardized processes, which should be managed and continuous improved. This article presents the results of an empirical research (the survey) conducted in 2015 on a group of 138 enterprises in Poland. The main aim of the article was to identify and analyze the level of BPM advance-ment in enterprises, especially in the area of finance, both in current finance, as well as in long-term finances. We focus on the SME sector and compare it to large companies.

KEYWORDS: business process management, corporate finance, financial management, enterprises, SMEs
JEL Codes: M21, L10, L25, G30

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