The organization is having difficulty keeping accurate financial records with accurate revenue and expenses. As a result, the business falls short of the required profits at the end of the fiscal year. The business fails to keep records of financial transactions that occur on a yearly basis. Employees are being laid off and salaries are being reduced in some businesses as a result of this problem. We're going to create an app that will be managed by the company's finance team to keep track of all fiscal year records, and none of them can be changed or erased. Our initiative will be developed using blockchain technology. Organizations and multinational corporations can deal with their financial records of each fiscal year with accuracy, ensuring that their anticipated outcome is met, and profits are gained at a much faster rate. This abstract emphasizes the significance of systems for tracking organizational finances as well as the possible advantages of using blockchain technology to manage and track finances.

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Organizational Finance Tracking System Using Blockchain

  • P. Kalaiselvi,
  • C. Cathrin Deboral,
  • R. Somasundaraman,
  • G. S. Anirudh Srinivasan,
  • A. Surya

摘要

The organization is having difficulty keeping accurate financial records with accurate revenue and expenses. As a result, the business falls short of the required profits at the end of the fiscal year. The business fails to keep records of financial transactions that occur on a yearly basis. Employees are being laid off and salaries are being reduced in some businesses as a result of this problem. We're going to create an app that will be managed by the company's finance team to keep track of all fiscal year records, and none of them can be changed or erased. Our initiative will be developed using blockchain technology. Organizations and multinational corporations can deal with their financial records of each fiscal year with accuracy, ensuring that their anticipated outcome is met, and profits are gained at a much faster rate. This abstract emphasizes the significance of systems for tracking organizational finances as well as the possible advantages of using blockchain technology to manage and track finances.