The cost management system influence in the smes’ business indicators

• Published in: International Journal of Professional Business Review 2018-01, Vol.3 (1), p.17-29
• Main Author: Ríos-Manríquez, Martha
• Format: Article
• Language: English
• Subjects: crecimiento en ventas; crecimiento sostenido; margen de utilidad bruta; margen de utilidad neta; rentabilidad; Sistema de gestión de costos
• ISSN: 2525-3654; 2525-3654
• DOI: 10.26668/businessreview/2018.v3i1.45

In order to efficiently achieve their goals, companies require an information analysis from the management team which comes from a Cost Management System (CMS) tailored to their specific needs. Unfortunately, Small and Medium Enterprises (SMEs) are less likely to implement those systems than big companies, due to their economic and technique deficiencies, which induces them to focus on improving their production and disregard the importance in a CMS implementation (Huanca Huamán et al., 2017). In the other hand, the economic importance of the SMEs in each country, especially in emerging economies, require research and tools for their optimal development. Thus, the purpose of this research is to determine the level of use of CMS in emerging economies SMEs, specifically in Mexico, and define the CMS influence in business indicators as sustained growth, profitability, sales growth, gross profit margin and net profit margin. A sample of 617 Mexican enterprises was collected and analyzed by contingency and correlation tables. Results showed that there is a positive and significant influence between the CMS information usage and the benefits of a sustained growth, profitability and sales growth.