Academic Journal of Business & Management, 2024, 6(8); doi: 10.25236/AJBM.2024.060812.
Xiaoyong Yang
School of Business of Belarusian State University, Minsk City, Belarus
Financial decision support and data analysis can help business management quickly and accurately grasp the company's financial situation and identify potential risks and opportunities. Through in-depth analysis of large amounts of financial data, enterprises can optimize resource allocation, improve operational efficiency, and make more scientific and reasonable strategic decisions. This paper aims to explore the role and importance of financial decision support and data analysis in enterprises. Financial decision is the core of enterprise management, and data analysis provides scientific basis for it. Through data analysis, companies can more accurately assess their financial situation, predict future trends, and make more effective financial decisions. This paper will discuss the acquisition and processing of financial data, the application of data analysis technology, the design and implementation of decision support system, etc., and deeply analyze the specific application scenarios and the value of data analysis in enterprise financial decision making. Through the case study, this paper further elucidates the application effect of data analysis in the actual enterprise financial decision, and puts forward optimization suggestions.
Enterprise Finance, Decision Support, Data Analysis, Data Processing, Decision System
Xiaoyong Yang. Enterprise Financial Decision Support and Data Analysis. Academic Journal of Business & Management (2024) Vol. 6, Issue 8: 75-80. https://doi.org/10.25236/AJBM.2024.060812.
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