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Journal : PROCEEDING OF INTERNATIONAL CONFERENCE ON BUSINESS MANAGEMENT AND ACCOUNTING

Uncovering the Path to Successful Digital Performance through Digital Technology and Digital Culture as Moderation Junaedi, Achmad Tavip; Renaldo, Nicholas; Yovita, Indri; Augustine, Yvonne; Veronica, Kristy
International Conference on Business Management and Accounting Vol 2 No 1 (2023): Proceeding of International Conference on Business Management and Accounting (Nov
Publisher : Institut Bisnis dan Teknologi Pelita Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35145/icobima.v2i1.3959

Abstract

The main aim of the research is to detail the relationship between digital technology adoption and corporate performance indicators, paying particular attention to the way digital culture plays a key moderating role in this process. This research was conducted qualitatively through surveys and interviews. The informants used in this research were 3 informants. Survey and interview results show a large variety of answers from informants. From the results of the interviews, the dimensions and indicators forming the variables of digital technology, digital culture, and digital performance were obtained. A deep understanding of the complex relationship between digital technology, company performance, and digital culture is a key foundation for developing effective strategies. Digital technology influences digital performance, digital culture influences digital performance, and digital culture moderates the influence of digital technology on digital performance, respectively qualitatively. Companies are recommended to provide in-depth education and training to employees on the use of digital technology and its impact on company culture. Encourage employee acceptance and active involvement in digital transformation.
Innovative Approaches to Cloud-Based Accounting Information Systems: Integrating AI, Blockchain, and IoT Mukhsin, Mukhsin; Renaldo, Nicholas; Junaedi, Achmad Tavip; Veronica, Kristy; Cecilia, Cecilia
International Conference on Business Management and Accounting Vol 2 No 1 (2023): Proceeding of International Conference on Business Management and Accounting (Nov
Publisher : Institut Bisnis dan Teknologi Pelita Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35145/icobima.v2i1.4375

Abstract

A cloud-based accounting information system (AIS) leverages cloud computing technology to manage financial data and processes. This research aims to explore innovative aspects in developing a cloud-based AIS to address contemporary business needs and technological advancements. The primary objectives are to design a cloud-based AIS incorporating cutting-edge technologies, evaluate the effectiveness of these innovations in enhancing system performance and user experience, and identify challenges and best practices in implementing a cloud-based AIS. The study's contributions are twofold: academically, it provides a comprehensive framework for developing innovative cloud-based AISs; practically, it offers a solution for businesses seeking to enhance their accounting processes through advanced technology. Proposed innovations include AI-powered financial analysis, blockchain-based security, IoT-integrated expense management, and advanced data visualization. A mixed-methods approach will be employed, combining quantitative and qualitative data collection and analysis. The research methodology involves system design, prototyping, technology integration, development, testing, deployment, evaluation, and maintenance. The algorithm for building the cloud-based AIS includes steps such as requirement analysis, system design, prototyping, technology integration, development, testing, deployment, evaluation, and maintenance. The discussion highlights the importance of each step in ensuring the system's success, focusing on user-centric design, scalability, and advanced technological integration. The research concludes that developing a cloud-based AIS with novel features has the potential to transform financial management practices, providing a more efficient, secure, and user-friendly accounting solution. Future research will address challenges related to data privacy and security, user adoption, scalability, and interoperability.
The Impact of Decentralized Finance (DeFi) on Traditional Banking Systems: A Novel Approach Hadi, Syukri; Renaldo, Nicholas; Purnama, Intan; Veronica, Kristy; Musa, Sulaiman
International Conference on Business Management and Accounting Vol 2 No 1 (2023): Proceeding of International Conference on Business Management and Accounting (Nov
Publisher : Institut Bisnis dan Teknologi Pelita Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35145/icobima.v2i1.4376

Abstract

This research explores the transformative impact of Decentralized Finance (DeFi) on traditional banking systems. DeFi, leveraging blockchain technology and smart contracts, has emerged as a significant disruptor in the financial industry by offering decentralized, transparent, and accessible financial services. This study aims to assess how DeFi challenges conventional banking models and the implications for the future of financial services. Through a mixed-methods approach, combining quantitative analysis of financial data and qualitative insights from industry experts, this research identifies key components of DeFi and examines its effects on traditional banking operations, customer experiences, and financial stability. The findings reveal a significant increase in DeFi transaction volumes and user engagement, accompanied by a reduction in certain traditional banking activities. While DeFi offers benefits such as lower transaction costs and enhanced accessibility, it also introduces challenges related to security, regulatory uncertainty, and market volatility. The study concludes that DeFi presents both opportunities and risks for traditional banking systems. To remain competitive, traditional banks may need to adopt blockchain technologies and explore strategic partnerships with DeFi platforms. Policymakers are advised to develop clear regulatory frameworks to manage associated risks while fostering innovation. This research provides valuable insights for financial institutions, regulators, and investors navigating the evolving landscape of financial services.