A Hybrid Rule-Based and Fuzzy Logic Model to Diagnostic Financial Area for MSMEs

Giraldo, Germán Méndez; López-Santana, Eduyn Ramiro; Franco, Carlos

doi:10.1007/978-3-319-95174-4_40

Cited by 1 publication

(2 citation statements)

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“…In this context, SME conditions in the Czech Republic and the appropriate tool requirements for the supplier-customer relationship were defined, and expert systems were explained in line with the current trends for the evaluation of suppliercustomer relationships. In another study, Giraldo et al (2018) proposed a rule-based prototype system based on fuzzy logic to analyze the financial position of Micro, Small, and Medium Enterprises (MSMEs) and offered alternative solutions related to problem fields. In this framework, they first determined the possible diseases related to the financial field of MSMEs by using the literature and gathered these diseases under three main headings (liquidity shortage, high level of indebtedness, and insufficient capital).…”

Section: Literature Reviewmentioning

confidence: 99%

“…In the national and international literature, although there are expert systems developed for SMEs, these applications provide information about expert systems (e.g., Zopounidis et al, 1997;Kaynar, 1999;Nedovic & Devedzic, 2002), financial analysis, and performance evaluation (e.g., Matsatsinis et al, 1997;Moynihan et al, 2006;Shiue et al, 2008;Filippidis et al, 2013;Kara et al, 2016;Giraldo et al, 2018). In contrast to the literature, this study considers the factors of WCM and all possible variables that may have an effect on WCM and visualizes the data of these variables.…”

Section: Introductionmentioning

confidence: 99%

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A Web-Based Expert System Application for Working Capital Management

GÜNEYSU

2023

eab

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The aim of this study is to develop an expert system application called SME Emergency for working capital management (WCM) in Small and Medium-Sized Enterprises (SMEs). SME Emergency performs financial analyses for WCM and thus evaluates the WCM performance of the enterprise. There is no independent audit obligation for SMEs operating in Turkey. Therefore, the data of 283 enterprises listed in the BIST All Shares between 2012 and 2020 were used in the development of this application since they do not differ in terms of working capital characteristics, and the data of publicly traded enterprises are subject to independent auditing. The SME Emergency presents the general performance of the enterprise about WCM. In addition, it evaluates the success of the enterprise according to the industry within the framework of WCM determinants and presents its position compared with enterprises in the industry. In this context, the enterprise’s financial performance in terms of WCM can be interpreted, and suggestions can be made in the case of unsuccess.

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Section: Literature Reviewmentioning

confidence: 99%