Selection of Intelligent Financial Management Models for Chinese Enterprises Towards An Operational Framework

Abstract

This paper presents a general framework of intelligent financial management models under the background of big data, Through a literature review on financial management and intelligent finance and accounting, a logical deductive normative method is used to derive the overall framework of the intelligent financial management models, including a theoretical framework, operating mechanisms, and key technologies. Business processes, management tools and information systems are brought together to form a structure for the design and selection of intelligent financial management models. Key technologies in business processes are identified to form an iterative closed loop of an financial management model. The framework proposed here is helpful for improving the efficiency of financial management at multiple levels: national, departmental, corporate and personal finance.