Author(s)

Fang He ¹, Meng Wang ¹

Affiliation(s)

¹ School of Economics and Management, Institute of Science and Technology, Benxi, 117004, China

Corresponding Author

Fang He

ABSTRACT

In the era of the digital economy, financial digitization can assist SMEs in enhancing production efficiency, lowering operational expenses, and responding rapidly to market demand. Additionally, it can aid enterprises in achieving cross-border integration, exploring new business fields, boosting innovation capabilities, and improving market competitiveness. However, in the process of financial digitization transformation, small and medium-sized enterprises are faced with such problems as uneven application degree of financial digitization, shortage of financial digitized technical talents, difficulty in data integration and high information security risk, etc. Therefore, this paper puts forward the countermeasures from four aspects of enhancing the financial digitization consciousness, optimizing the financial process, strengthening the data security and training the financial digitization talents, aiming to provide reference and inspiration for the small and medium-sized enterprise finance digitization.

KEYWORDS

Digital Economy; Small and Medium-sized Enterprises (SMEs); Financial Digitization; Countermeasures

CITE THIS PAPER

Fang He, Meng Wang, The Research on Strategies for Financial Digitalization of Small and Medium-sized Enterprises in the Era of Digital Economy. Accounting and Corporate Management (2023) Vol. 5: 128-134. DOI: http://dx.doi.org/10.23977/acccm.2023.051119.

REFERENCES

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