Research On Integration Of Business And Finance Of X Company Based On Emerging Information Technology

Under the background of the rapid development of modern information technology,the competitive environment faced by enterprises is changing rapidly,which puts forward higher requirements for the ability and level of enterprise management.In this process,the goal of financial management of an enterprise is also correspondingly changing to create business value.Financial needs to grasp the nature of business and put forward constructive suggestions for business process optimization.The relationship between finance and business is also changing from independence to integration.In the process of integration,the participation of emerging information technology is crucial and indispensable.The internet of things lays a scientific path for enterprises to collect basic data and original data;cloud computing provides enterprises with flexible and broad data storage and data analysis space;big data technology can deeply tap the value of enterprise business data and financial data,help analyze potential problems and provide solutions;mobile Internet provides enterprises with anytime and anywhere access to data.The goal of modern industry finance integration is to make good use of these information technologies,to build an intelligent overall system of business finance integration for enterprises to provide sufficient guarantee for the reduction of enterprise costs,the improvement of efficiency,the promotion of competitiveness and the further achievement of strategic objectives.The case X company selected in this paper adopts the traditional management mode at the initial stage of its establishment,business and finance are separated from each other,the grass-roots production does not use intelligent machinery and equipment,and the information transmission mainly relies on manual work.However,X company has a keen insight into the trend of the times since then,and began to build in-depth industrial and financial integration by using information technology in 2010,and finally formed an integrated structure composed of intelligent production equipment,big data analysis system,Financial Sharing Center,enterprise resource planning system and data monitoring center.Looking at the way of industry finance integration of company X,the company's business and finance are transforming and process reconstructing at the same time,finally breaking through the business finance barriers,and emerging technology accelerates the speed and depth of industry finance integration,contributing to the improvement of the company's yield and the reduction of cost.This paper will make a deep analysis based on the actual situation of X company and draw experience on how to make full use of the emerging information technology to help enterprises to achieve industry finance integration.