Open Access

The Influence of The Banking System as A Security Factor of Financial Management and Control in the Republic of Serbia with the Application of an Innovative IT System

1 University, Department, Country High School of Modern Business, Terazije 27, 11000 Belgrade, Republic of Serbia
2 University, Department, Country High School of Modern Business, Terazije 27, 11000 Belgrade, Republic of Serbia
3 Faculty of Economics and Industrial Management, Cvećarska 2 Novi Sad,

Abstract

The aim of the paper was to present the functioning of the banking system in a realistic and innovative way through three forms of introducing control with the aim of reducing business risks at all observed levels of business, with the application and presentation of the impact of IT systems on business. This was achieved by collecting a sufficient level of theoretical data in previous literature and comparing them with practical results regarding the relationship between the banking system and the application of IT systems that simulate all this. We conclude that observing the banking system is a very important and delicate task in the functioning of numerous legal entities in an economy, and it can be improved by applying IT systems that will support the functioning of the banking system. The umbrella framework of the banking system is the established central bank in an economy, which in real conditions in the functioning of the economy in the Republic of Serbia is the National Bank of the Republic of Serbia, which introduces controlling systems using an innovative IT system.

Keywords

How to Cite

Sredojević, D., Dragosavac, M., & Popović, S. (2025). The Influence of The Banking System as A Security Factor of Financial Management and Control in the Republic of Serbia with the Application of an Innovative IT System. Journal of Sports Industry & Blockchain Technology, 2(2), 88–92. https://doi.org/10.5281/zenodo.17968662

References

📄 Popović, S., Bakmaz, O., Popović, D., Dragosavac, M., Nastić, S., Pajović, I., Majstorović, A., Sredojević, D., Radaković, M. & Petković, Z. (2025). Valuation of agricultural land in relation to location of city centers as a factor in the management of mentioned resource, Agriculture & Forestry, 71(1), 99-113. [CrossRef]
📄 Bakmaz, O., Dragosavac, M., Brakus, A., Radaković, M., Arnautović, I., Samardžić, V., Krstajić, G. & Popović, S. (2024). Financial security and invoicing in management of public enterprises whose founders are local self-government units, example Republic of Serbia. Lex localis-Journal of Local Self-Government, 22:2, 198-218. [CrossRef]
📄 Bakmaz, O., Dragosavac, M., Popović, D., Brakus, A., Pajović, I., Turčinović, Ž., Radaković, M. & Popović, S. (2024). The significance of real financial reporting of agricultural mechanism in relation to the making of management decisions of individual farms and medium-sized agricultural enterprises, The Journal Agriculture and Forestry, 71:1, 171-184. [CrossRef]
📄 Bakmaz, O., Đuranović-Miličić, J., Dugonjić, D, Brakus, A., Gligović, D., Grublješić, Ž. & Popović, S. (2024). Management of non-standard agricultural equipment based on the assessment of farm owners and management of healthcare organizations used in the treatment of patients. Poljoprivredna Tehnika 49(4):33-38. [CrossRef]
📄 Arnautović, I., Davidov, T., Nastić, S. & Popović, S. (2022). Značaj donošenja racionalne poslovne odluke top menadžmenta u poljoprivrednim preduzećima u Republici Srbiji. Poljoprivredna tehnika, 47(3), 1-8. [CrossRef]