Bari Galimovich Khairov ¹, Saida Mindualievna Khairova ², Vitaliy Vasilievich Biryukov ², Elena Vasilievna Romanenko ²

Affiliations
1 Omsk branch of the Financial University under the Government of the Russian Federation, (Omsk branch), Omsk, Russian Federation
2 The Siberian Automobile and Highway Academy (SibADI), Omsk, Russian Federation

Abstract

Background/Objectives: Actual problems of optimization of the company’s financial flows are considered. A fundamental factor in the financial flows management is the use of logistics tools for the development and formation of the enterprise’s competitive behavior. Methods/Statistical Analysis: The logistic process analysis determines the main directions and methods of ensuring the equilibrium of the company’s financial flows. It was determined that in the practice of financial logistics it is advisable to use an integrated approach and logistics tools. Thus, the methods of statistical analysis: Regressive and dispersion analysis, exponential smoothing method, multivariate statistical analysis method used in combination, compensate each other's shortcomings. Findings: Steps and methods of forming the financial level of integration of logistic systems are described. It is proved that the reduction in the cost of resources and the minimization of time expenses is achieved through the optimization of end-to-end control of material, information and financial flows. It is shown that during the transition from the traditional to logistical approach of financial flows management, some structural transformations of enterprise as logistics system are needed. The process of the organization of through financial flows and also financial flows accompanying them and passing through various structural units with the traditional approach is not enough coordinated. Existing financial services involved in the management of correspondent accounts, mostly control the state of input and output financial flows. Acting as the indicators of well-being and stability of the organization, the parameters of financial flows reflect the effectiveness of the activity required in the planning and organization of relationships with contractors. Applications/Improvements: The possibility of using a DuPont multiplier to assess the effectiveness of the financial flow is considered.

Keywords

Innovative Logistics, Management, Optimization of Financial Flows

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