Probe - Accounting, Auditing and Taxation

Impact of business finance integration on financial management and strategy analysis

Xieshu Pan

China Tower Corp

DOI: https://doi.org/10.59429/paat.v7i1.9449

Keywords: Business finance integration; Financial management; Risk control

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Abstract

Through the in depth integration of financial management and business operations, business finance integration enhances the scientific nature of corporate strategic decision making and the efficiency of resource allocation, and promotes the transformation of the management mode from a single accounting based type to a data driven type. In actual operations, by building an efficient data platform, optimizing business processes, cultivating composite talents, and shaping an integration culture, seamless connection and collaborative development between finance and business are achieved, providing strong support for enterprises to enhance their risk prevention and control capabilities and overall management effectiveness.

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References

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