:

Submittedto
Prof K.G.MURALIDHRA
 Presentation Path
 Financial Decision Making
 Decision Making Process
 Techniques For Financial Decision Making
 Tools(softwares)For Financial Decision
Making
Benefits Of Computers In Financial Decision
Making
 Financial Decision Making
Decision making is choosing between several possible
courses of actions related to an issue.

Financial decision making involves decisions concerning

financial related issues such as:
determining the proper amount of funds to employ in a
firm
 selecting projects and capital expenditure analysis
 raising funds on the most favourable terms possible
 managing working capital such as inventory and
accounts receivable.
Decision Making Process
Work Flow
Graphical representation of a typical computer aided loan approval decision
making process in a bank.
Techniques For Financial
Decision Making
Financial modelling - It is the task of
building an abstract representation (a
model) of a financial decision making
situation.

Network analysis - Breaking down

a complex project data into its component
parts (activities, events, durations, etc.)
and plotting them to show their
interdependencies and interrelationships.
Tools For Financial Decision
Making
 Computer aided software engineering (CASE)
This is the scientific application of a set of tools and methods
to a software which is meant to result in high-quality, defect-
free, and maintainable software products.

Computer aided recording tools (CART)

CART is a tool that converts coordinate information, obtained
from any source, into an intelligent 3D CAD (computer aided
design) Model without having to do any manual drafting at all.
Computer aided summarisation tool (CAST)
It tries to help as the human summariser by selecting
the important information from a document.

Applications such as Microsoft Excel can be deployed

as an expert system to aid decision making.

 It can be utilized to plot line of best fit and graphs

which are used to forecast market analysis.
What An ERP Software Does
Top 10 ERPS
1. Microsoft Dynamics AX 2009
2. SAP R/3
3.  Epicor
4. Accpac
5. Net suite Financials
6. Syspro
7. Infor ERP XA
8. Exact Software
9. Saqe
10. Excel ERP
Benefits of computer in
financial decision
Computer helps to fast track data analysis for
decision making
Computer increases accuracy and reduce
errors and time required to solve problems.
Helps automate the decision making process
Reveals new approaches to thinking about the
problem space
Generates new evidence in support of a
decision
Promotes learning and training.
Information that is provided is better understood and
offers efficiency for decision makers.
It brings consistency to the decision making process.
Group Members
Abu Bekar
Ashwani Dusadh
Farha Naaz
Nitul Chaudhary
Satyabrata Sethhy
Vaishali Bhati