Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)

Discussion on the Improvement Path of Financial Performance Under the Background of Digitization of Enterprise Finance

Authors
Lei Lv1, *
1The School of Accounting, Guizhou University of Finance and Economics, Guiyang, 550025, China
*Corresponding author. Email: mao@mail.gufe.edu.cn
Corresponding Author
Lei Lv
Available Online 2 September 2024.
DOI
10.2991/978-94-6463-506-5_31How to use a DOI?
Keywords
enterprise; Financial digitization; Financial performance
Abstract

In recent years, the digital economy has gradually risen and become a new engine to promote China’s economic development. With the deepening of digital transformation, more and more enterprises have realized the importance of financial digital transformation. Chinese enterprises actively respond to the trend of The Times, and gradually realize digital transformation on the basis of digitalization combined with emerging digital technologies. It has become an inevitable choice to use the penetration and empowerment of digital technologies to enhance their competitiveness. According to the international data company IDC survey report shows that in the global 2000 strong enterprises, digital transformation as the core development strategy of the enterprise accounted for about 69%. Although many enterprises regard digital transformation as a key competitive strategy and invest a lot of manpower, material and financial resources to implement it, they still face difficulties in transformation and poor results. In the business and academic circles, it has become a hot topic to study how to promote financial performance through financial digital transformation. Therefore, the study on the impact of financial digital transformation on financial performance and its action path aims to provide references and suggestions for enterprises that are or plan to carry out financial digital transformation.

Copyright
© 2024 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 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
2 September 2024
ISBN
978-94-6463-506-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-506-5_31How to use a DOI?
Copyright
© 2024 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

TY  - CONF
AU  - Lei Lv
PY  - 2024
DA  - 2024/09/02
TI  - Discussion on the Improvement Path of Financial Performance Under the Background of Digitization of Enterprise Finance
BT  - Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)
PB  - Atlantis Press
SP  - 280
EP  - 289
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-506-5_31
DO  - 10.2991/978-94-6463-506-5_31
ID  - Lv2024
ER  -