Conditions and factors for energy supply company business process organization concerning payment acceptance
Article Sidebar
Main Article Content
Abstract
In the prevailing era, the most relevant issues seem to be the development of an adaptive policy of an energy sales company to ensure financial stability and sustainable development in the course of energy sales activities. This study continues the cycle of the author's general
research devoted to the methodological issues of an adaptive policy development in relation to the key business processes of energy sales activities implemented by an energy sales company, the specifics of its work as a guaranteed energy (capacity) supplier, etc. The article examines the conditions and factors that determine the need to develop an adaptive system for an energy sales company to organize payment acceptance. When it comes to the business process organization for payment acceptance, energy retail companies need to take into account the conditions and factors that set the long-term trend in this area: changes in legislation, the strength of market competition and the trends of the payment acceptance market infrastructure, the ongoing coronavirus infection pandemic, and the ongoing technological change. Management decision-making should be based on the principles of economic feasibility and efficiency in conjunction with legal requirement compliance. Power supply companies need to use the conditions and factors highlighted in the study to build up competitive advantages in the field of payment acceptance organization, to maintain and develop their market position, which can only be done through an adaptation policy in this area. For the purpose of economic efficiency increase concerning organization payment acceptance business process, energy sales companies need to plan the indicators of the payment acceptance system, implement measures for their implementation (achieve target values), carry out the analysis of the achieved results and their reflection, which will ensure timely and reasonable acceptance of management decisions.
Downloads
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
1. Proposal of Policy for Free Access Periodics
Authors whom publish in this magazine should agree to the following terms:
a. Authors should keep the copyrights and grant to the magazine the right of the first publication, with the work simultaneously permitted under the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 that allows the sharing of the work with recognition of the authorship of the work and initial publication in this magazine.
b. Authors should have authorization for assuming additional contracts separately, for non-exclusive distribution of the version of the work published in this magazine (e.g.: to publish in an institutional repository or as book chapter), with recognition of authorship and initial publication in this magazine.
c. Authors should have permission and should be stimulated to publish and to distribute its work online (e.g.: in institutional repositories or its personal page) to any point before or during the publishing process, since this can generate productive alterations, as well as increasing the impact and the citation of the published work (See The Effect of Free Access).
Proposal of Policy for Periodic that offer Postponed Free Access
Authors whom publish in this magazine should agree to the following terms:
a. Authors should keep the copyrights and grant to the magazine the right of the first publication, with the work simultaneously permitted under the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 [SPECIFY TIME HERE] after the publication, allowing the sharing of the work with recognition of the authorship of the work and initial publication in this magazine.
b. Authors should have authorization for assuming additional contracts separately, for non-exclusive distribution of the version of the work published in this magazine (e.g.: to publish in institutional repository or as book chapter), with recognition of authorship and initial publication in this magazine.
c. Authors should have permission and should be stimulated to publish and to distribute its work online (e.g.: in institutional repositories or its personal page) to any point before or during the publishing process, since this can generate productive alterations, as well as increasing the impact and the citation of the published work (See The Effect of Free Access).
d. They allow some kind of open dissemination. Authors can disseminate their articles in open access, but with specific conditions imposed by the editor that are related to:
Version of the article that can be deposited in the repository:
Pre-print: before being reviewed by pairs.
Post-print: once reviewed by pairs, which can be:
The version of the author that has been accepted for publication.
The editor's version, that is, the article published in the magazine.
At which point the article can be made accessible in an open manner: before it is published in the magazine, immediately afterwards or if a period of seizure is required, which can range from six months to several years.
Where to leave open: on the author's personal web page, only departmental websites, the repository of the institution, the file of the research funding agency, among others.
References
Akimov, L. Y. (2016). Improvement of Legal Mechanisms Facilitating Timely Payment for Supplied Energy by Consumers of Energy Resources. Правовой энергетический форум, (1), 64-67. https://elibrary.ru/item.asp?id=26185317.
Barkatunova, E. V. (2017). The main problems of energy sales. Alley of Science. 3(13), 585-588.
Fateeva, E. I. (2012). Unified Settlement Center on RRE: Problems and Prospects. Energy and law. 2, 23-26.
Gaifutdinov, R. R. (2016). Comparative analysis of measures to ensure the fulfillment of obligations to pay for electricity to the suppliers of last resort and the services for its transmission to grid organizations. Energy and law. 3, 23-26.
Klaus, S. H., & Nicholas, D. (2018). Technologies of the Fourth Industrial Revolution. Eksmo, Moscow, Russia.
Koren, A., Vodopyanova, V., & Pustovarov, A. (2019). Development of a Supply Chain Policy for Financing Instruments System of Foreign Economic Activity. International Journal of Supply Chain Management, 8(6), 549-554. https://core.ac.uk/download/pdf/287315909.pdf.
Krivoruchko, S. V. (2019). Competition and Regulation of Retail Payment Systems. Modern competition. 2 (14), 94-102.
Latkin, A. P., Maidanevych, Y. P., & Komarov, P. I. (2018). Analyzing and identifying the factors affecting the global supply chain competitiveness of industrial products. International Journal of Supply Chain Management, 7(6), 544-549. https://elibrary.ru/item.asp?id=38648611.
Lisina, T. G. (2007). Unified information settlement centers as infrastructural support for the reform of housing and communal services. Property relations in the Russian Federation. 11 (74), 3-9.
Miroshnikova, T. K., & Koshevaya, E. S. (2020) Evaluation of Economic Efficiency Of Innovative Development Of Pilot Production. Reice-Revista Electronica De Investigacion En Ciencias Economicas. 8 (15), 258-271. doi: 10.5377/reice.v8i15.9957.
Miroshnikova, T., & Taskaeva, N. (2016). Economic Efficiency of Innovative Materials for Sectors of Economy. In MATEC Web of Conferences (Vol. 73, p. 07006). EDP Sciences. doi: 10.1051/matecconf/20167307006
Rodin, E. (2015). Payment Discipline Development in Retail Electricity Markets: Complete Restriction of Energy Supply. Energy and law. 1(12), 19-24.
Salakhova, A. I. (2017). Problems of the settlement system efficiency increase in energy sales companies. NOVAINFO.RU. 1(62), 105-108.
Salov, A. N., & Maslov, V. G. (2014). Re-engineering business-process of managing debit liabilities of resource-supplying companies. Международный журнал экспериментального образования. 9, 25-27.
Terentyeva, T. V., Konvisarova, E. V., Levchenko, T. A., & Borovitskaya, M. V. (2018). Theoretical and methodical approaches for control introduction in the managem ent system of industrial organization. Amazonia Investiga, 7(14), 50-60. Retrieved from https://www.amazoniainvestiga.info/index.php/amazonia/article/view/470.
Terentyeva, T. V., Vasilenko, M. V., & Titova, N. Y. (2019). Organizational and economic mechanism for sustainable development of Fishing Industry of the Primorsky territory: Cluster Approach. Dilemas Contemporáneos: Educación, Política y Valore, 6(Special).
Vasilenko, M., & Titova, N. (2019). Accounting policy the system of enterprise economic security. Amazonia Investiga, 8(22), 254-260. Retrieved from https://amazoniainvestiga.info/index.php/amazonia/article/view/424