Financial Process Mining Characteristics

The purpose of this paper is to present continuous results of the research in financial data analysis. Many organizations face challenges by processing a colossal quantity of financial data for evaluation of the current state of the organization, for analysis of future strategies and other purposes....

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Published inInformation and Software Technologies pp. 209 - 220
Main Authors Lopata, Audrius, Butleris, Rimantas, Gudas, Saulius, Rudžionienė, Kristina, Žioba, Liutauras, Veitaitė, Ilona, Dilijonas, Darius, Grišius, Evaldas, Zwitserloot, Maarten
Format Book Chapter
LanguageEnglish
Published Cham Springer International Publishing
SeriesCommunications in Computer and Information Science
Subjects
Data preparation
Finance analytics
Process discovery
Process mining
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Summary:The purpose of this paper is to present continuous results of the research in financial data analysis. Many organizations face challenges by processing a colossal quantity of financial data for evaluation of the current state of the organization, for analysis of future strategies and other purposes. One of the possible ways to analyse financial data is to use process mining techniques. This paper proceeds with analysis and usage of financial data cubes dimensions using General Ledger information of particular organizations in the Netherlands. The research project is funded by European Regional Development Fund according to the 2014–2020 Operational Programme for the European Union Funds’ Investments under measure No. 01.2.1-LVPA-T-848 “Smart FDI”. Project no.: 01.2.1-LVPA-T-848–02-0004; Period of project implementation: 2020–06-01–2022–05-31.
ISBN:9783031163012
303116301X
ISSN:1865-0929
1865-0937
DOI:10.1007/978-3-031-16302-9_16