Utilization of Technology in Financial Management has Positive Impact on the Results of Sales of MSMEs in South Bangka
The objective of this study is to assess the utilization of technology among micro, small, and medium enterprises (MSMEs) located in South Bangka. Technological advancements have positively influenced the financial management of MSMEs in Indonesia, making it easier and more efficient. Several bene...
| Main Authors: | , , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2023
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/30612/1/8th%20ICSC%202023%20191-199.pdf |
| _version_ | 1825806216316583936 |
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| author | Yunfin, Meidarina Adiwinatha, Leo Muhammad Fahmi Fauzi, Mas Agus Altin, Darus |
| author_facet | Yunfin, Meidarina Adiwinatha, Leo Muhammad Fahmi Fauzi, Mas Agus Altin, Darus |
| author_sort | Yunfin, Meidarina |
| collection | UUM |
| description | The objective of this study is to assess the utilization of technology among micro, small, and medium
enterprises (MSMEs) located in South Bangka. Technological advancements have positively influenced
the financial management of MSMEs in Indonesia, making it easier and more efficient. Several benefits
arise from the integration of technology into MSME financial management. The qualitative method is
employed to conduct this study. The data collected and analyzed in this research are derived from a
sample of 30 MSME participants in South Bangka. The findings reveal that a majority of MSMEs have
incorporated technology in their operations, primarily for sales transactions, while other aspects such
as human resources, accounts payable, inventories, production costs, and miscellaneous expenses
continue to be managed manually. Among the financial technologies widely adopted by MSMEs in
South Bangka, QRIS stands out as the prevailing option. QRIS is easily accessible to the local
population of South Bangka, especially those who possess bank accounts. Its introduction has
significantly contributed to enhanced sales for MSMEs in South Bangka, reflecting the shifting trend
from cash to digital payments within the local community. That technology plays a crucial role in the
financial management of MSMEs in Indonesia. Incorporating technology can significantly enhance the
efficiency, transparency, and profitability of MSME enterprises. Consequently, it is imperative for
MSME entrepreneurs in Indonesia to leverage technology in order to bolster their financial management
processes. The study authors compiled a list of 20 indicators to test their hypotheses. Several pilot
studies were conducted with MSME participants to refine the selection of variables. The survey utilized
a Likert scale ranging from "strongly disagree" to "strongly agree," with each point indicating a different
level of agreement. Therefore, it can be concluded that the variables, Technology Utilization and
Financial Management, have a joint impact on Sales Results. |
| first_indexed | 2024-07-04T06:45:59Z |
| format | Conference or Workshop Item |
| id | uum-30612 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:45:59Z |
| publishDate | 2023 |
| record_format | eprints |
| spelling | uum-306122024-03-21T08:32:06Z https://repo.uum.edu.my/id/eprint/30612/ Utilization of Technology in Financial Management has Positive Impact on the Results of Sales of MSMEs in South Bangka Yunfin, Meidarina Adiwinatha, Leo Muhammad Fahmi Fauzi, Mas Agus Altin, Darus HG Finance The objective of this study is to assess the utilization of technology among micro, small, and medium enterprises (MSMEs) located in South Bangka. Technological advancements have positively influenced the financial management of MSMEs in Indonesia, making it easier and more efficient. Several benefits arise from the integration of technology into MSME financial management. The qualitative method is employed to conduct this study. The data collected and analyzed in this research are derived from a sample of 30 MSME participants in South Bangka. The findings reveal that a majority of MSMEs have incorporated technology in their operations, primarily for sales transactions, while other aspects such as human resources, accounts payable, inventories, production costs, and miscellaneous expenses continue to be managed manually. Among the financial technologies widely adopted by MSMEs in South Bangka, QRIS stands out as the prevailing option. QRIS is easily accessible to the local population of South Bangka, especially those who possess bank accounts. Its introduction has significantly contributed to enhanced sales for MSMEs in South Bangka, reflecting the shifting trend from cash to digital payments within the local community. That technology plays a crucial role in the financial management of MSMEs in Indonesia. Incorporating technology can significantly enhance the efficiency, transparency, and profitability of MSME enterprises. Consequently, it is imperative for MSME entrepreneurs in Indonesia to leverage technology in order to bolster their financial management processes. The study authors compiled a list of 20 indicators to test their hypotheses. Several pilot studies were conducted with MSME participants to refine the selection of variables. The survey utilized a Likert scale ranging from "strongly disagree" to "strongly agree," with each point indicating a different level of agreement. Therefore, it can be concluded that the variables, Technology Utilization and Financial Management, have a joint impact on Sales Results. 2023 Conference or Workshop Item PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/30612/1/8th%20ICSC%202023%20191-199.pdf Yunfin, Meidarina and Adiwinatha, Leo and Muhammad Fahmi Fauzi, Mas Agus and Altin, Darus (2023) Utilization of Technology in Financial Management has Positive Impact on the Results of Sales of MSMEs in South Bangka. In: 8th International Case Study Conference, 30 August-1 September 2023, Ibis Melaka Hotel, Bandar Melaka, Malaysia. |
| spellingShingle | HG Finance Yunfin, Meidarina Adiwinatha, Leo Muhammad Fahmi Fauzi, Mas Agus Altin, Darus Utilization of Technology in Financial Management has Positive Impact on the Results of Sales of MSMEs in South Bangka |
| title | Utilization of Technology in Financial Management has Positive
Impact on the Results of Sales of MSMEs in South Bangka |
| title_full | Utilization of Technology in Financial Management has Positive
Impact on the Results of Sales of MSMEs in South Bangka |
| title_fullStr | Utilization of Technology in Financial Management has Positive
Impact on the Results of Sales of MSMEs in South Bangka |
| title_full_unstemmed | Utilization of Technology in Financial Management has Positive
Impact on the Results of Sales of MSMEs in South Bangka |
| title_short | Utilization of Technology in Financial Management has Positive
Impact on the Results of Sales of MSMEs in South Bangka |
| title_sort | utilization of technology in financial management has positive impact on the results of sales of msmes in south bangka |
| topic | HG Finance |
| url | https://repo.uum.edu.my/id/eprint/30612/1/8th%20ICSC%202023%20191-199.pdf |
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