Influence of technology and information for the performance of Colombian SMEs

The small business in the Valle del Cauca, is currently deficient in the use of basic financial tools, as they are; the financial statements and financial indicators. In the development of this article, we seek to establish the causes and impacts of the absence of financial information for decision making, which are aimed at strengthening the productivity and growth of the company. To obtain the results, a data collection was carried out through surveys directed to the direct personnel with the financial area; the sample was realized to hundred (100) companies of the Municipality of Cali and its environs. Among the main results is the lack of knowledge of the application of financial information, with a participation of 55%, another factor is the absence of qualified personnel to perform financial functions, the results indicate that 51% of companies do not have adequate profiles For this area, which shows that managers and / or owners do not give the importance required to this kind of tools, generating in most cases an economic imbalance for the company.