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Design Research of Enterprise Financial Management Information System under the Concept of Business and Finance Integration

Junyao Hu () and Zhou Shen
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Junyao Hu: University of Illinois Urbana-Champaign, Gies College of Business
Zhou Shen: University of Illinois Urbana-Champaign, Gies College of Business

A chapter in Proceedings of the 2023 International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2023), 2024, pp 157-167 from Springer

Abstract: Abstract With the rapid development of information technology, the informatization of enterprise financial management has been initially realized. The organic integration of financial information system and business information system can comprehensively improve the enterprise’s internal management ability. The article briefly expounds the concept of business and finance integration, and analyzes the internal relationship between business and finance integration and financial management information system. Under the concept of business and finance integration, enterprises put forward new functional requirements and performance requirements for financial management information system. The article gives the overall design of enterprise financial management information system under the concept of business and finance integration, which is divided into the strategic management module, comprehensive budget module, cost management module, investment and financing management module and risk management module, and the design of each module is described to provide reference for relevant researchers.

Keywords: Financial management information system; business and finance integration; business-finance integration (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-441-9_15

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DOI: 10.2991/978-94-6463-441-9_15

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