The improvement of production efficiency and the change of business model
brought about by the deep integration of the digital economy and the real economy
have become an important driving force for industrial transformation and upgrading. This paper explains the necessity of digital transformation of manufacturing, the
trends, paths and six technologies of financial digital transformation. In the digital era, relying on data, scenarios, and algorithms to explore the essential logic of business, make predictions and decisions based on business insights, and put forward higher
requirements for financial empowerment business. As an important way for enterprise
management transformation and upgrading, the core goal of financial digital
transformation is to take "data-driven" as the main line, promote transformation based
on the two principles of industry-finance integration and in-depth scenarios, and build
"value-creating" finance, that is, based on the integrated application of digital
technology, so that finance can expand the functions of supporting strategy, assisting
decision-making, empowering business, preventing and controlling risks, lean
management, operational excellence, quality and efficiency, compliance supervision
and other functions on the basis of basic transaction accounting functions, and
promote and even lead the value creation functions of enterprises. The article points
out that the manufacturing industry should take enhancing competitiveness as the
direction, financial management as the center, and improving quality and efficiency as
the goal to accelerate digital transformation. Introduced Midea Group's financial
digital transformation practices and results. It is proposed that enterprises should
vigorously promote the deep integration of big data, Internet, cloud computing, Internet of Things, artificial intelligence, blockchain and the real economy, accelerate
the digital transformation of finance, and inject new impetus into the high-quality
development of enterprises.
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