The Role of Budgetary Software On Petroleum Refining Cost Reduction Field Study: Khartoum Refinery Co .Ltd

Abstract

The study problem examined the implementation of management accounting systems especially budgetary software systems in petroleum refineries sector in Sudan and its role in reducing the cost of refining. Thus, the objectives of this paper are to maximize the role of budgetary software systems in Khartoum Refinery Company Ltd in order to reduce the petroleum refining cost; besides offering Khartoum Refinery Company Ltd some guidelines in implementing budgetary software systems, and emphasizing the knowledge of budgetary control software and its impacts on cost reduction. The researcher adopted the historical approach in order to arrange the previous studies; and the deductive approach for deducting the facts; and the descriptive approach for the analysis of data by using the statistical package for social sciences program (SPSS). The study results indicated that the electronic systems that used by Khartoum Refinery Company contributes in cost reduction in each production stages even in management and financial operations. Furthermore, following up inventories by computers through determining repetitive demand points assists in efficient utilization of Khartoum Refinery resources. Finally this paper recommended that Khartoum Refinery should have a qualified committee for choosing the electronic software systems; and even when updating the old ones to justify the installation and licenses cost in order to compare it