Browse > Article
http://dx.doi.org/10.9716/KITS.2014.13.3.343

Developing a Real-time Cashflow Management System for National R&D Management  

Han, Seung-Youp (한국산업기술평가관리원)
Lee, Hyejung (연세대학교 워크사이언스센터)
Lee, Jungwoo (연세대학교 워크사이언스센터)
Publication Information
Journal of Information Technology Services / v.13, no.3, 2014 , pp. 343-357 More about this Journal
Abstract
As science and technology infiltrates every aspects of modern society in terms of economic and social growth and development, funding for research and development (R&D) is growing rapidly. Republic of Korea is not an exception in this trend and the R&D funding in Korea has been grown about 10% every year, recently. However, as the scope and size of funding grows exponentially, need for monitoring and managing these R&D projects becoming more and more imminent. Though different types of project management systems were developed by a variety of agencies and departments and used in monitoring and managing, these systems were developed as standalone silo type systems. These systems are not connected to each other while the same researchers may involved in different projects across agencies and department. Also, these management systems are not linked to the banking systems in which real transactions of funding occurs, such as cost reimbursement and financial audit of each R&D accounts. Historically, a few fraud and malappropriation cases were found and indicted. However, as the number of these incidents grows along with the growth of R&D funding, a large scale integration/linking of project management systems and banking systems. Realizing the importance of systems integration among agencies as well as with the banking systems, situational requirements analyses were conducted concerning the current state of R&D management system. As a results, a Real-time Case Management System (RCMS) was proposed as a solution to current problems. In this paper, the collected systems requirements were documents with analyses of the situation, the architecture of the integrated systems with more user-friendly technological alternatives. This large scale linkage requires interface standardization as well as modularization of interfaces. Proposed systems architecture is introduced here with technical details of Jex Framework used,, followed by resulting technical and economic performance of the Realtime Cashflow Management System (RCMS).
Keywords
R&D; Real Time Cash Management; Cash Management Systems; Research Management; Project Management;
Citations & Related Records
Times Cited By KSCI : 4  (Citation Analysis)
연도 인용수 순위
1 DeYoung, R., "The Financial Performance of Pure Play Internet Banks", Economic Perspectives (Federal Reserve Bank of Chicago), Vol.25, No.1, 2001, 60-75.
2 Diamond, J., From Program to Performance Budgeting : The Challenge for Emerging Market Economie, World Bank Paper, WPP/03/1698. 2003.
3 Kim, D., "On the Project-specific Research Budgeting for the Development of R&D Cost Management System", The e-Business Studies, Vol.10, No.1, 2009, 39-64.   DOI
4 Lim, C. and S. Oh, "A Successful Implementation Plan of national R&D Program Integrated Management System", Journal of the Korean Society for Information Management, Vol.19, No.2, 2002, 93-108.   과학기술학회마을   DOI   ScienceOn
5 Oh, E., "Characteristics of Information System that Affect Business Performance : Focusing on Accounting Information System", Journal of the Korea society of IT services, Vol.12 No.1, 2013, 33-50.   과학기술학회마을   DOI   ScienceOn
6 Park, Y., J. Shim, and H. Park, "Case Study and Implementation of the Digital Budget Innovation System(Cash-Flow System) for IT Policy Fund", Proceedings of the Korea Information Processing Society Conference, 2006, 1431-1434.
7 Shim, S., "An Analysis of the Impact of Internet Banking Systems on the Business Performance of Bank", Journal of the Korea society of IT services, Vol.13, No.1, 2014, 23-42.   과학기술학회마을   DOI   ScienceOn
8 Son, C.G., "A Study on the Moderating Effects of the R&D Fund Management System between National R&D Fund and Research Performance", Journal of the Korea Industrial Information System Society, Vol.18, No.5, 2013, 107-117.   과학기술학회마을   DOI   ScienceOn
9 Sullivan, J., "How Has the Adoption of Internet Banking Affected Performance and Risk in Banks? : A Look at Internet Banking in the Tenth Federal Reserve District", Financial Industry Perspectives, Federal Reserve Bank of Canas City, 2000, 1-16.