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Development of financial management in Russian companies in the context of digitalization of the economy

https://doi.org/10.37493/2307-907X.2022.1.12

Abstract

The research is devoted to the study of trends and prospects for the development of digital financial management technologies in the business environment. The process of transition from the classical business system to the use of digital resources and the role of financial management in their effective formation is analyzed. The necessity of introducing digital technologies in the field of financial management is substantiated, their advantages are systematized, including a significant reduction in material, labor and financial costs. The problems of financial management development in the context of digital transformation of companies are formulated and recommendations for their solution are developed.

About the Authors

O. Pakova
NCFU
Russian Federation

Olga Pakova, Candidate of Economic Sciences, Associate Professor

Stavropol



Yu. Konopleva
NCFU
Russian Federation

Yulia Konopleva, Candidate of Economic Sciences

Stavropol



S. Grishanov
NCFU
Russian Federation

Sergey Grishanov, student

Stavropol



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Review

For citations:


Pakova O., Konopleva Yu., Grishanov S. Development of financial management in Russian companies in the context of digitalization of the economy. Newsletter of North-Caucasus Federal University. 2022;1(1):105-114. (In Russ.) https://doi.org/10.37493/2307-907X.2022.1.12

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ISSN 2307-907X (Print)