The Development of Financial Management in The Digital Age

Abstract

In recent years, with the rapid development of information technology, it has entered the era of digitization. Emerging information technology concepts have gradually entered people's vision, and various new industries, formats, and models continue to emerge, greatly changing the socio-economic environment. A large number of digital applications have also received widespread attention and begun to be applied to actual enterprise operations. In order for enterprises to respond more calmly to changes in the market environment, the pace of transformation must be accelerated, especially for financial management, and the ability to improve digital applications and services must be accelerated. The digital transformation has put forward higher requirements and brought greater challenges to financial management. This article takes this as a starting point to analyze the specific requirements of financial management in different application scenarios, and briefly analyzes the challenges and opportunities faced by enterprise financial management in the digital age, in order to explore the development of financial management under the trend of digitalization.