Development of financial management in Russian companies in the context of digitalization of the economy

Abstract

The research is devoted to the study of trends and prospects for the development of digital financial management technologies in the business environment. The process of transition from the classical business system to the use of digital resources and the role of financial management in their effective formation is analyzed. The necessity of introducing digital technologies in the field of financial management is substantiated, their advantages are systematized, including a significant reduction in material, labor and financial costs. The problems of financial management development in the context of digital transformation of companies are formulated and recommendations for their solution are developed.

Keywords

• digital technologies
• pandemic
• financial resources
• retail
• digitalization of business