Financial Informatisation: Strategic Role in Enhancing Corporate Competitiveness

Authors

  • Yu Yi Jiangyin Jiahao Metal Products Co., Ltd., Jiangyin 214421, China

Keywords:

financial informatisation, corporate competitiveness, cost control, quality management, innovation capability, service efficiency, brand building

Abstract

In the context of globalisation and rapid development of information technology, enterprises are facing increasingly fierce market competition. Financial informatisation, as an essential component of corporate informatisation, plays a crucial role in enhancing corporate competitiveness. This study aims to explore how financial informatisation can strengthen market competitiveness through optimising resource allocation, improving decision-making efficiency, and enhancing risk management capabilities. Through literature review, case analysis, and empirical research, this study reveals the positive impact of financial informatisation on cost control, quality management, innovation capability, service efficiency, and brand building of enterprises. The results indicate that financial informatisation not only improves operational efficiency but also promotes long-term sustainable development of enterprises. This study provides strategic recommendations for enterprises on how to effectively implement financial informatisation and offers references for academic research and practical applications in related fields.

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Published

2024-12-31

How to Cite

Yu Yi. (2024). Financial Informatisation: Strategic Role in Enhancing Corporate Competitiveness. ournal of orld conomy, 3(4), 119–129. etrieved from https://www.pioneerpublisher.com/jwe/article/view/1148

Issue

Section

Articles