Sri Imaningati
STIE Bank BPD Jateng

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Journal : Nomico

The Important Role of Management Accounting in Optimizing Cost Control and Improving Profitability in the Service Sector Evianti, Dessy; Rachman, Rachmawaty; Imaningati, Sri; Yusuf, Muhammad
Nomico Vol. 1 No. 5 (2024): Nomico-June
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/grwv6k50

Abstract

Management accounting plays a very important strategic role in improving the profitability of the service sector. Its function goes beyond the mere recording of financial transactions to include analyzing and managing operational costs with a critical and in-depth approach. Through techniques such as activity-based costing, companies can accurately identify key cost sources and implement more effective control measures. The results of this analysis allow companies to set more competitive prices, increase profit margins, and maximize operational efficiency. Management accounting provides data and insights that are essential for strategic decision-making. Accurate information on financial and operational performance enables management to assess the effectiveness of various business initiatives, including new product development and market expansion. This critical analysis helps identify areas where efficiency can be improved and costs can be reduced, thereby supporting long-term strategies for sustainable growth. The integration of management accounting principles into the operational strategies of service companies enables them to face the challenges of a dynamic market, improve competitiveness, and achieve sustained profitability. Management accounting not only helps in cost control but also makes a significant contribution in improving the quality of decision making and strategic planning. A suitable approach for companies can achieve better financial and operational goals, ensuring sustainability and steady growth in an increasingly competitive business environment. Management accounting, thus, is a tool that not only supports efficiency but also encourages innovation and strategic adaptation critical for long-term success.
The Effect of Accounting Digitalization on Operational Efficiency and Decision Making in Companies Sapinah, Sapinah; M, Eko Cahyo; Saragih, Hendra; Imaningati, Sri
Nomico Vol. 1 No. 10 (2024): Nomico-November
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/hzcje007

Abstract

Accounting digitalization has become a trend that is increasingly adopted by companies as part of a broader digital transformation. This change is believed to improve operational efficiency and support faster and more accurate decision making. The purpose of this study is to analyze the effect of accounting digitalization on operational efficiency and corporate decision making. The method used in this research is a qualitative approach with in-depth interview and survey techniques in several companies in the trade, service and manufacturing sectors. The results showed that accounting digitalization has a significant positive impact on operational efficiency through process automation, reduction of human error, and more efficient document management. In addition, digitization also improves data access speed and accuracy of financial reports, which in turn supports more timely and data-driven decision-making. However, challenges in implementation, such as initial costs and employee resistance, are still obstacles that need to be overcome. The implications of this study suggest that companies should conduct careful planning and employee training to ensure a successful transition to a digital accounting system. This research also contributes to the literature in the field of accounting digitalization and provides insights for policies that support digital transformation in the business sector.
The Role of Fintech Technology in Improving Financial Inclusion and Financial System Stability Imaningati, Sri; Mayndarto, Eko Cahyo; Huda, Miftakhul; Bakri, Asri Ady
Nomico Vol. 1 No. 11 (2024): Nomico-December
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/0zh4hm58

Abstract

The development of financial technology (fintech) has had a significant impact on improving financial inclusion and the stability of the global financial system. This study aims to explore the role of fintech technology in promoting people's access to financial services and its contribution to financial system stability. Fintech enables the creation of digital platforms that facilitate services such as electronic payments, peer-to-peer lending, and micro-investments, reaching segments previously neglected by the traditional banking sector. On the other hand, fintech innovations also strengthen supervision and transparency in financial transactions, potentially reducing the risk of financial instability. However, these developments also present challenges, including the need for appropriate regulation to address potential risks such as fraud and personal data management. This research uses a qualitative approach with literature analysis and case studies in several countries that have widely implemented fintech. The results show that fintech has great potential in increasing financial inclusion, but its sustainability and contribution to financial system stability depend on effective regulation and collaboration between the public and private sectors. This research lies in the lack of a thorough study of the regulatory challenges faced by developing countries in implementing fintech to increase financial inclusion without posing a risk of instability. A growing phenomenon is the rapid adoption of fintech in developing countries, yet its impact on financial system stability and associated risks are still not fully understood and adequately addressed