Digital transformation of financial management at the enterprise

Abstract

The aim of the graduation work is to study theoretical knowledge in the field of corporate technologies in financial management of the enterprise; analyze the market of ERP systems; consider the necessary conditions for the implementation of the ERP system, as well as the difficulties that may arise when trying it. The object of the study - is information technology (IT) in the financial control system at the enterprise. The first section tells about the history of financial controlling, when it begun and how it was operating. Also, this part defines controlling tools and the place of controlling in the management system. The second section is about theory and practice of modern software in the field of financial management; analysis of the most popular ERP systems, their advantages and disadvantages and the efficiency of the investment budget in the implementation of IT, which is allocated for these purposes by enterprises. The third section analysis domestic and world experience in implementing ERP systems in financial management of the enterprise; defines alternative options of the ERP-system implementation at the enterprise on case study and shows economic efficiency of implantation of ERP-system, pros and cons of each project and also gives recommendations for improving information technology in financial management at the enterprise.