The Role of Digital Technologies in Optimizing Corporate Financial Management
Kyrych Olga , Financial Manager, Woodway Company Ternopil, UkraineAbstract
This article explores the impact of modern digital tools on corporate financial management. It highlights the interplay between robotics, automation, big data, AI, and blockchain systems in optimizing financial processes and introduces new approaches aimed at enhancing transparency and reducing error rates. The study outlines methodologies that improve analytics and forecasting while identifying potential cybersecurity threats. The novelty of this research lies in its comprehensive review of digital solutions through the lens of FinTech adoption and migration to cloud platforms. Particular attention is given to the challenges of scaling technologies and enhancing resilience against cyberattacks. The objective is to formulate practical recommendations for improving financial decision-making and minimizing operational risk. To achieve this, the study employs comparative analysis, expert reviews, and empirical insights from recent literature. The final sections provide applied findings and guidance for professionals seeking to integrate innovation into corporate finance. This article is intended for financial analysts, CFOs, and managers aiming to enhance the effectiveness of financial operations.
Keywords
financial management, digital tools, blockchain, cloud platforms, artificial intelligence
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