Digital transformation of financial management in service-oriented enterprises
Yao Wu

University of Shanghai for Science and Technology, Shanghai, 200093；

Abstract: This paper focuses on the reform and transformation of corporate financial management in the digital intelligence wave, aiming to explore the adaptation path and practical value of financial management digitalization. It first analyzes digital intelligence’s reshaping effect on financial management and traditional models’ shortcomings to clarify the necessity of digital transformation. Then, it sorts out literature, summarizes findings in fields like the adaptation of financial management models to digitalization and digitalization’s advantages, and points out current research’s limitation of focusing on internal corporate perspectives while neglecting external environments. Subsequently, taking Alibaba Group as a case, it dissects the background of its "New Finance" transformation and elaborates on three key technical models: digital intelligence-driven efficient management, group-based vertical collaboration, and global remote linkage. Finally, it proposes intelligent finance development strategies from government, enterprise, and information levels—including the government strengthening top-level design, enterprises centering on needs to consolidate foundations, and building an internal-external linked information system. The research shows enterprises must balance the times’ trend and internal driving forces, and realize high-quality financial management upgrading through technological iteration, talent cultivation, and safety control, providing reference for similar enterprises’ digital transformation.

Key words：Digitalization; Financial Management; Financial Management Model

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