With the increasing proportion of the digital economy in the national economy, the demand for digital transformation, especially financial digitization transformation, is growing in enterprises. Wenzhou SMEs face increasingly severe pressure for digital transformation due to economic and technological limitations. The financial department, as the traditional data core, is facing the challenge of digital transformation. This paper aims to study the problems existing in the financial digitization transformation process of Wenzhou SMEs and the correlation between these problems and the financial data platform. As the cornerstone of enterprise digital transformation, the data platform plays an important role in connecting, integrating, and utilizing data. Therefore, this study aims to explore how the financial department of Wenzhou SMEs can break through traditional frameworks, build a financial data platform, and assist in achieving digital transformation driven by data in Wenzhou SMEs. Finally, it proposes a detailed plan to assist Wenzhou SMEs in achieving financial digitization transformation based on the financial data platform.

Ruihong Dai. Research on Financial Digitization Transformation of Wenzhou SMEs—Based the Perspective of Financial Data Platform. Academic Journal of Business & Management (2023) Vol. 5, Issue 15: 155-164. https://doi.org/10.25236/AJBM.2023.051524.

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