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Web of Proceedings - Francis Academic Press

An Analysis of Digital Transformation of Enterprise Finance Based on Financial Sharing Model

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DOI: 10.25236/iemetc.2024.051

Author(s)

Zhou Wenjuan

Corresponding Author

Zhou Wenjuan

Abstract

In the context of the digital economy era, the financial sharing model provides strong support for the digital transformation of enterprise finance. The goal of financial digital transformation is to achieve joint and integrated management of internal and external resources of enterprises through digital technology, combined with development concepts such as symbiosis and collaboration. Under the financial sharing model, the digital transformation of enterprise finance not only helps to innovate the financial management model and improve the effective utilization of funds, but also promotes the deep integration of business and finance, achieving the integration of business and finance. This transformation helps enterprises improve financial management efficiency, reduce operating costs, enhance risk prevention and control capabilities, and lay a solid foundation for the overall transformation, upgrading, and high-quality development of the enterprise. This article delves into the digital transformation of enterprise finance based on the financial sharing model, aiming to provide a practical and feasible transformation path and methodology for enterprises, help them better cope with the challenges of the digital economy era, and achieve sustained and stable development.

Keywords

Financial sharing model, enterprise finance, digital transformation