Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)

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Enterprise financial management innovation in digital transformation

Authors
Yingxin Qu1, *
1Bangor college, Central South University of Forestry and Technology, Changsha, Hunan, 410004, China
*Corresponding author. Email: ynq21vzl@bangor.ac.uk
Corresponding Author
Yingxin Qu
Available Online 30 November 2023.
DOI
10.2991/978-94-6463-298-9_40How to use a DOI?
Keywords
digitization; enterprise transformation; financial management
Abstract

With the rapid development of information technology and the trend of digital transformation, the financial management of enterprises will also face new opportunities and challenges. This paper discusses the necessity of enterprise financial management innovation under the digital transformation, and puts forward the relevant ideas and suggestions. The innovation of financial management will involve the sharing and cooperation of data, and through multi-dimensional data analysis and market forecast, improve the financial risk management and early warning mechanism, reduce the enterprise risk, and improve the ability of enterprise investment and financing. Enterprises must make use of the development of information technology, innovate the financial management mode, improve the efficiency and quality of financial management, optimize financial decisions, reduce financial risks, and lay a solid foundation for the healthy development of enterprises.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
30 November 2023
ISBN
10.2991/978-94-6463-298-9_40
ISSN
2352-5428
DOI
10.2991/978-94-6463-298-9_40How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yingxin Qu
PY  - 2023
DA  - 2023/11/30
TI  - Enterprise financial management innovation in digital transformation
BT  - Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)
PB  - Atlantis Press
SP  - 369
EP  - 375
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-298-9_40
DO  - 10.2991/978-94-6463-298-9_40
ID  - Qu2023
ER  -