Proceedings of the 2nd International Conference on Big Data Economy and Digital Management, BDEDM 2023, January 6-8, 2023, Changsha, China

Research Article

Research of the Innovation Strategy of Enterprise Financial Management in the Era of Big Data Using Data Collection Algorithm Model

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  • @INPROCEEDINGS{10.4108/eai.6-1-2023.2330367,
        author={Chao  Li},
        title={Research of the Innovation Strategy of Enterprise Financial Management in the Era of Big Data Using Data Collection Algorithm Model},
        proceedings={Proceedings of the 2nd International Conference on Big Data Economy and Digital Management, BDEDM 2023, January 6-8, 2023, Changsha, China},
        publisher={EAI},
        proceedings_a={BDEDM},
        year={2023},
        month={6},
        keywords={the era of big data financial management activities data collection algorithm model problems and suggestions},
        doi={10.4108/eai.6-1-2023.2330367}
    }
    
  • Chao Li
    Year: 2023
    Research of the Innovation Strategy of Enterprise Financial Management in the Era of Big Data Using Data Collection Algorithm Model
    BDEDM
    EAI
    DOI: 10.4108/eai.6-1-2023.2330367
Chao Li1,*
  • 1: Wuhan Qingchuan University
*Contact email: 624299703@qq.com

Abstract

With the continuous progress of modern science and technology, the arrival of the era of big data, if the advantages of the era of big data can be applied to financial management, it will create more development opportunities for enterprises. Based on this, this paper collects the required data through the data acquisition algorithm model, and mainly discusses the innovation strategy of enterprise financial management in the era of big data. The paper points out that under the background of big data, 1) Enterprises lack of advanced financial management concepts; 2) Enterprises lack the infrastructure to use big data technology; 3) The quality of enterprise financial management personnel is uneven. To solve these problems, this paper puts forward the following suggestions: 1) Establish advanced financial management concept; 2) Introducing sound infrastructure for the application of big data technologies; 3) Strengthen the education and training of enterprise financial management personnel, improve the comprehensive quality of staff. This paper hopes that these suggestions can provide reference for the managers of financial departments of enterprises.