Analysis of The Effectiveness of the BukuWarung Application as a Financial Management Tool for MSMEs

Effective financial management is crucial for business success, especially amid the Industry 5.0 revolution, which has transformed production, management, and human-machine interactions. This era has introduced advanced technologies such as artificial intelligence (AI), the Internet of Things (IoT), robotics, and additive manufacturing into production environments, leading to significant changes in accounting practices. In Indonesia, SMEs, traditionally reliant on manual record-keeping, are encouraged to adopt digital applications to remain current. Consequently, various financial management applications have emerged, including BukuWarung, designed to streamline transaction recording and enhance financial management efficiency. This research aims to assess the effectiveness of BukuWarung as a financial management tool for SMEs. Utilizing a qualitative and descriptive approach, the study involved SMEs at SWK Lidah Wetan that use BukuWarung. Primary data were gathered through observation, interviews, and field documentation. Findings reveal that BukuWarung significantly aids SME financial management, particularly in billing, bookkeeping, cashier operations, inventory management, and transaction scheduling. Future research should explore the utilization of specific features within BukuWarung and their effects on SME financial management.

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Publication Details

Journal
International Journal of Management Research and Economics
Published
2024-08-08
DOI
https://doi.org/10.54066/ijmre-itb.v2i4.2279
Primary Topic
SMEs Development and Digital Marketing
Type
article
Field-Weighted Citation Impact
0.00
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article

Analysis of The Effectiveness of the BukuWarung Application as a Financial Management Tool for MSMEs

Fajar Syaiful Akbar, Tarissa Aqilla Rahmah
International Journal of Management Research and Economics
SMEs Development and Digital Marketing
article

Analysis of The Effectiveness of the BukuWarung Application as a Financial Management Tool for MSMEs

Fajar Syaiful Akbar, Tarissa Aqilla Rahmah
article en

Abstract

Effective financial management is crucial for business success, especially amid the Industry 5.0 revolution, which has transformed production, management, and human-machine interactions. This era has introduced advanced technologies such as artificial intelligence (AI), the Internet of Things (IoT), robotics, and additive manufacturing into production environments, leading to significant changes in accounting practices. In Indonesia, SMEs, traditionally reliant on manual record-keeping, are encouraged to adopt digital applications to remain current. Consequently, various financial management applications have emerged, including BukuWarung, designed to streamline transaction recording and enhance financial management efficiency. This research aims to assess the effectiveness of BukuWarung as a financial management tool for SMEs. Utilizing a qualitative and descriptive approach, the study involved SMEs at SWK Lidah Wetan that use BukuWarung. Primary data were gathered through observation, interviews, and field documentation. Findings reveal that BukuWarung significantly aids SME financial management, particularly in billing, bookkeeping, cashier operations, inventory management, and transaction scheduling. Future research should explore the utilization of specific features within BukuWarung and their effects on SME financial management.

International Journal of Management Research and EconomicsVol. 2(4)
University of Pembangunan Nasional Veteran Jawa Timur (ID)
Openalex Percentile: Top 71%
SMEs Development and Digital Marketing
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Analysis of The Effectiveness of the BukuWarung Application as a Financial Management Tool for MSMEs — Fajar Syaiful Akbar, Tarissa Aqilla Rahmah · International Journal of Management Research and Economics (2024) | TGRS Research Map | TGRS