Publication detail

Controlling in Era of Industry 4.0: Opportunities for Businesses in the Field of the Introduction of New Technologies

ZAHORAN, P. ŽIŽLAVSKÝ, O.

Original Title

Controlling in Era of Industry 4.0: Opportunities for Businesses in the Field of the Introduction of New Technologies

Type

journal article - other

Language

English

Original Abstract

Automation, robotics, Internet of Things and Big Data are currently a big challenge for businesses. However, they can also be a great opportunity. One of the corporate areas where new technologies can be used is controlling. In this research, the issue is narrowed down to the impact of new technologies on Enterprise Resource Planning (ERP) systems of companies, which are a basic tool of controlling in companies. The research analyses the possibilities of integrating elements of Industry 4.0 with ERP systems and the possibility of using data for corporate controlling. For this purpose, a literature review was carried out and gained results were further analysed according to the defined criteria. The outcome of the literature review is an essential current state analysis of the impact of new technologies on corporate ERP systems with regard to the company's controlling processes. This paper serves as a very first step in designing a systemic research in area of controlling 4.0.

Keywords

Controlling, Management Control, Management Accounting, Enterprise Resource Planning (ERP), Industry 4.0, Automation

Authors

ZAHORAN, P.; ŽIŽLAVSKÝ, O.

Released

20. 12. 2021

Publisher

PMC

ISBN

2029-6932

Periodical

Problems of Management in the 21st Century

Year of study

16

Number

2

State

Republic of Lithuania

Pages from

122

Pages to

134

Pages count

13

URL

Full text in the Digital Library

BibTex

@article{BUT175325,
  author="Pavol {Zahoran} and Ondřej {Žižlavský}",
  title="Controlling in Era of Industry 4.0: Opportunities for Businesses in the Field of the Introduction of New Technologies",
  journal="Problems of Management in the 21st Century",
  year="2021",
  volume="16",
  number="2",
  pages="122--134",
  doi="10.33225/pmc/21.16.122",
  issn="2029-6932",
  url="http://www.scientiasocialis.lt/pmc/?q=node/250"
}