Research On The Application Of Industry-financial Integration In Enterprises

Modern enterprises have more specialized division of production and operation,more complex internal and external environment of operations and Competition,more sophisticated management and more diversified risks.Traditional business and financial problem-solving logic can not meet the requirements of enterprise development.The development of Internet+?big data and Artificial Intelligence brings great challenges to traditional business and financial management of enterprises.Therefore,the transformation of business and financial management is imperative whether based on the needs of their own development or in order to meet external challenges.As an important direction of modern business financial management transformation,Business and Financial Integration can effectively improve the level of enterprise management and risk response ability.As an effective way of financial transformation,Business and Financial Integration has been paid more and more attention,adopted and applied in China,especially in large enterprises.Through the establishment and improvement of the management system and mechanism of financial integration,the implementation of organizational change and process reengineering,the establishment of a unified responsibility system for financial posts and the promotion of information support level based on financial integration,we can effectively solve the shortcomings of traditional business financial management,and play a positive role in improving the operational efficiency and risk management level of enterprises.This paper expounds the basic concept of industry-finance integration,its role in business management practice and the problems that should be paid attention to in the process of implementation.Taking the application of D company's financial integration as an example,the implementation of financial integration is analyzed in the light of enterprise strategic management,organizational change,process reengineering,enterprise comprehensive budget and enterprise information construction.Summarize and put forward the conclusions and suggestions of the application of industry-finance integration in enterprises,and refine the system andmethods of the application of industry-finance integration in enterprises,and provide reliable basis for the transformation of business and financial management to industry-finance integration,so as to provide reference for enterprises in the same industry and other industries for reference and application.