Modelo de gestión financiera para la toma de decisiones en la Cooperativa de Ahorro y Crédito Empresa Eléctrica Riobamba” Ltda., 2016.

Abstract

The Riobamba Electric Company S.A. Is an organization legally constituted since 1987 under the necessity of motivating the savings on the part of its workers, in its beginnings it had 43 founding partners and with a capital stock of USD $ 172.00. Today, all companies, without exception, face a number of financial difficulties internally, this is due to the fact that markets have greater competition and this in turn generates a greater interest in improving financial processes and mainly arises the need To make managerial decisions that are supported by management and that allows correcting the same. In order to seek a sustainable development that also allows to achieve the proposed objectives, to improve the management of the company and to be able to base decisions with reliable and real financial information. The information obtained through an appropriate financial management reduces the level of failure when making a decision, for that most companies use analysis mechanisms, mainly analysis through management indicators, however this does not fully guarantee the expected results, For this it is necessary to implement flexible budget processes that allow correcting or correcting inconsistencies or errors promptly, for it is important to have an effective master plan, prepared with the joint support of those involved in this area.