Digital E-Accounting : 삼성전자 회계프로세스의 혁신

The purpose of this study is to present an innovative accounting process developed by Samsung Electronics, termed “Digital e-Accounting,” and to analyze the economic impacts of this innovation. Samsung Electronics has recently innovated on its traditional accounting process by digitalizing its documentary evidence, work processes, and disbursements. As a consequence, it created a “paperless” environment that has facilitated a variety of accomplishments including cost reduction, decrease in lead time, increase in precision of works, and improved satisfaction of suppliers and employees. The accounting process innovation of Samsung Electronics was inspired by and consistent with the long-term corporate strategies of its Chairman, CEO, and CFO. In addition to the conscientious efforts by Samsung Electronics, favorable internal and external conditions made the process innovation successful. As an added benefit of the "Digital e-Accounting" initiative, a company-wide change in corporate culture was realized, and this accelerated employee participation in long-term management innovation. This new accounting process is expected to have a spill-over effect within the industry, as other firms are likely to adopt a similar process. This process innovation can be analyzed using the theoretical concepts and tools such as BPR, ABM or BSC.