METHODS, TOOLS AND RISKS OF INVESTMENT CONTROLLING OF IT COMPANIES IN CONDITIONS OF ECONOMIC INSTABILITY
DOI:
https://doi.org/10.32782/2311-844X/2025-1-6Keywords:
controlling, investments, methodological tools, economic uncertainty and instability, investment controlling, risksAbstract
The article analyzes key scientific approaches to defining the essence of Tools controlling and the classification of its methods and instruments. It is established that investment controlling refers to a system of measures aimed at ensuring control over the processes of planning, monitoring, and adjusting investment activities in order to minimize risks, increase project effectiveness, and accumulate the financial resources needed for economic operations and the sustainable development of a business entity. The study reveals the nature of investment controlling as an effective strategic management tool that enhances the efficiency of investment resource usage, reduces risks, and strengthens financial stability. It examines modern methods and tools of investment controlling that are adapted to the specific features of IT companies operating under economic instability and strategic uncertainty. It is found that the most effective methods for IT companies include Sensitivity Analysis (efficiency score: 4.8), Net Present Value (NPV) (efficiency score: 4.7), and Scenario Analysis (efficiency score: 4.5). The most commonly used investment controlling Tools in IT companies are identified as BI systems, MS Excel, financial calculators, analytical scripts, ERP systems, Google Data Studio, and Power BI dashboards. The study substantiates the need to adapt classical approaches to investment controlling, taking into account the dynamic IT environment, the high share of intangible assets, and external instability. The main directions for improving the effectiveness of investment controlling are proposed, including the development of digital technologies, the enhancement of analytical competencies among management personnel, the strengthening of intellectual capital, and ensuring the transparency of investment projects. Further research prospects include the development of industry-specific controlling models for the IT sector and the integration of artificial intelligence and machine learning into controlling systems.
References
Пазущан А.В., Черкас, В.В. Інвестиційний контролінг як індикатор стабілізації системи антикризової політики підприємства та України у цілому. Економічний простір. 2020. № 161. С. 78–81. DOI: https://doi.org/10.32782/2224-6282/161-14
Лихолат С.М., Вінічук М.В., Рущишин Н.М., Мединська Т.В., Сапінський О. Вплив деструктивних чинників на інвестиційну та інноваційну привабливість України. Фінансово-кредитна діяльність: проблеми теорії та практики. 2021. Вип. 1 (36). С. 250–259. DOI: https://doi.org/10.18371/fcaptp.v1i36.227774
Бужимська К.О., Царук І.М. Формування та розвиток системи контролінгу на промислових підприємствах. Економіка, управління та адміністрування. 2021. № 1(95). С. 3–7. DOI: https://doi.org/10.26642/ema-2021-1(95)-3-7
Носач Н.М., Єгіозар’ян А.Г., Полякова Е.С. Теоретичні засади поняття «контролінг» в системі менеджменту суб’єктів економічних відносин. Економічний простір. 2024. № 193. С. 116–123. DOI: https://doi.org/10.30838/EP.193.116-123
Tsvilij S.M. et al. Mechanism for generating investment potential for the development of the tourism industry on the PPP platform: restoring the economy of Ukraine. Economic Achievements: Prospects and Innovations. 2024. № 10. DOI: https://doi.org/10.5281/zenodo.13857822
Рябоштан Л. Організаційно-економічний механізм інвестиційного контролінгу на автотранспортних підприємствах. Herald of Khmelnytskyi National University. Economic Sciences. 2024. № 330(3). С. 505–511. DOI: https://doi.org/10.31891/2307-5740-2024-330-80
Річні звіти Асоціації IT Ukraine, 2022–2023. URL: https://itukraine.org.ua/richni-ta-kvartalni-zviti/
Фінансова звітність EPAM Ukraine, 2022–2023. URL: https://careers.epam.ua/epam-systems-financial-statement
Звіт зі сталого розвитку 2022. SoftServe. URL: https://www.softserveinc.com/uk-ua/corporate-social-responsibility/csr-report-2022
Sustainability 2023. SoftServe. URL: https://www.softserveinc.com/uk-ua/corporate-social-responsibility/csr-report-2023
Звіт про сталий розвиток за 2022 р. Intellias. URL: https://itukraine.org.ua/intellias-presented-the-2022-sustainability-report/
Звіт про сталий розвиток за 2023 р. Intellias. URL: https://career.intellias.com/ukraine/uk/intellias-opublikuvav-zvit-zi-stalogo-rozvitku-za-2023-rik/
Pazushan, A. V., & Cherkas, V. V. (2020). Investment controlling as an indicator of stabilization of the anti-crisis policy system of an enterprise and Ukraine as a whole. Economic Space, (161), 78–81. DOI: https://doi.org/10.32782/2224-6282/161-14
Lykholat, S. M., Vinichuk, M. V., Rushchyshyn, N. M., Medynska, T. V., & Sapinskyi, O. (2021). Influence of destructive factors on the investment and innovation attractiveness of Ukraine. Financial and Credit Activity: Problems of Theory and Practice, 1(36), 250–259. DOI: https://doi.org/10.18371/fcaptp.v1i36.227774
Buzhymska, K. O., & Tsaruk, I. M. (2021). Formation and development of the controlling system at industrial enterprises. Economics, Management and Administration, 1(95), 3–7. DOI: https://doi.org/10.26642/ema-2021-1(95)-3-7
Nosach, N. M., Yeghiozaryan, A. H., & Polyakova, E. S. (2024). Theoretical foundations of the concept of “controlling” in the management system of economic entities. Economic Space, (193), 116–123. DOI: https://doi.org/10.30838/EP.193.116-123
Tsvilij, S. M., et al. (2024). Mechanism for generating investment potential for the development of the tourism industry on the PPP platform: Restoring the economy of Ukraine. Economic Achievements: Prospects and Innovations, (10). DOI: https://doi.org/10.5281/zenodo.13857822
Riaboshtan, L. (2024). Organizational and economic mechanism of investment controlling at motor transport enterprises. Herald of Khmelnytskyi National University. Economic Sciences, 330(3), 505–511. DOI: https://doi.org/10.31891/2307-5740-2024-330-80
IT Ukraine Association. (2022–2023). Annual and quarterly reports. Available at: https://itukraine.org.ua/richni-ta-kvartalni-zviti/
EPAM Ukraine. (2022–2023). Financial statements. Available at: https://careers.epam.ua/epam-systems-financial-statement
SoftServe. (2022). Sustainability Report. Available at: https://www.softserveinc.com/uk-ua/corporate-social-responsibility/csr-report-2022
SoftServe. (2023). Sustainability 2023. Available at: https://www.softserveinc.com/uk-ua/corporate-social-responsibility/csr-report-2023
Intellias. (2022). Sustainability Report 2022. Available at: https://itukraine.org.ua/intellias-presented-the-2022-sustainability-report/
Intellias. (2023). Sustainability Report 2023. Available at: https://career.intellias.com/ukraine/uk/intellias-opublikuvav-zvit-zi-stalogo-rozvitku-za-2023-rik/
