Plan financiero para la unión provincial de cooperativas de ahorro y crédito de Chimborazo – UPROCACH, año 2023

Abstract

The financial plan for the Provincial Union of Savings and Credit Cooperatives of Chimborazo - UPROCACH year 2023 was developed in response to a lack of budget, limiting its decision-making capacity and goal achievement. This research aimed to conduct an analysis and evaluation of financial information to understand the current state and design strategies to improve the institutional economic situation. The study employed both quantitative and qualitative methodologies, applying instruments such as surveys of workers, interviews with the manager, and a financial diagnosis through horizontal and vertical analysis and financial indicators to understand the current situation. A SWOT analysis was conducted, revealing a negative net profitability in sales of -16.10%, demonstrating difficulties in generating profits after covering selling costs. The Return on Assets (ROA) indicated a lack of positive returns on investments, with a low asset retention of 0.89, reflecting limited efficiency in asset utilization that could negatively impact profitability. There is a need to improve debt management and reduce delinquency to strengthen liquidity and cash flow. To address these issues, continuous monitoring of the planning process is essential to supervise management and adjust. Implementation of policies and strategies is necessary to increase profitability and facilitate effective decision-making in pursuit of the organization's established goals