System features of certain types of financial intelligence
DOI:
https://doi.org/10.35774/app2022.04.064Keywords:
financial intelligence, analysis of competitiveness, market intelligence, business intelligence, economic intelligence, due diligence, commercial intelligence.Abstract
Relevance. The conditions of potential significant capital inflow in the postwar period and high corruption risks in Ukraine significantly actualize the issue of monitoring the legality and reasonable use at the macro- and micro-level. Various types of financial intelligence are used for this purpose.
Aim. The study aims to receive research on the specific features of conducting certain types of financial intelligence.
Main results. The etymological meaning of the monitoring determines continuous or follow-up observation with the use of predetermined research methods, principles, and approaches. It is more appropriate to use the category "financial intelligence", which involves the use of constantly changing innovative approaches. In the categorical meaning, that statement goes beyond monitoring per se.
Competitiveness analysis is mainly focused on obtaining, analyzing, and further processing information about competitors, their products or services, and the competition system in general.
Market Intelligence is the tool obtained on the basis on competitive analysis and aimed at studying the market and competitive aspects of the 4P marketing mix.
Business Intelligence is a system of methods and processes that transform multiple information flows into a form that is easy to understand and suitable for use within justifying management decisions. Business intelligence is based on the use of modern information systems and technologies.
Economic intelligence involves understanding the flows of financial and non-financial resources in individual countries or global organizations. It also requires an understanding of the policies of foreign investments and reinvestment, as well as resources and production.
Due diligence is a comprehensive, detailed analysis of a separate economic entity based on previously provided information from the point of view of the legal basis of its activity, tax legislation, management of organizational structure and human capital, technological potential, as well as commercial and financial.
Commercial intelligence is the process of obtaining information about the business environment and competitors acquired from open sources.
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