Research On The Impact Of Digital Transformation On Enterprise Cost Management

In the era of digital economy,the continuous integration of new generation information technology with the real economy has brought new development momentum to various industries.China attaches great importance to the development of advanced technologies such as digital information,and has issued a series of policies in the field of technology to promote the Digital transformation of Chinese enterprises.As an important component of enterprise production and operation,cost management is an indispensable step in the business process.Through digital technology,enterprises can be promoted to better manage costs,thereby improving operational efficiency and achieving value creation.Therefore,Digital transformation is particularly important for enterprise cost management.Under the relevant policy and economic background,this paper takes the State Grid Corporation of China as an example to analyze and explore how the Digital transformation of the power industry affects the way and method of cost management.First,this paper analyzes and expounds the background and significance of Digital transformation.Secondly,on the basis of combing relevant theories and literature,it introduces the cost management overview of the State Grid in recent years,studies the motivation and process of the Digital transformation of the State Grid and the path of Digital transformation to cost management.Finally,through the analysis of financial indicators and non-financial indicators,this paper analyzes the impact of the Digital transformation of the State Grid on cost management,and puts forward relevant suggestions.The possible contribution of this thesis is that it enriches the research on Digital transformation and cost management of enterprises to a certain extent,and provides a new perspective and direction for future research.In addition,the State Grid is also a model of Digital transformation in the power industry.By analyzing its successful experience,it will provide useful reference for other enterprises to achieve better cost management through Digital transformation.