Application of Digital Transformation in Financial Management —A Case study on Gree Electric Appliance Co.
DOI:
https://doi.org/10.71204/rn780983Keywords:
Digital Transformation, Financial Management, Gree Electric ApplianceAbstract
With the rapid development of information technology, the digital economy has become a new engine of global economic growth, and traditional financial management faces many challenges, while digital transformation provides new ideas and tools. Gree Electric, as a leading global home appliance manufacturer, has actively promoted digital transformation in recent years and carried out many explorations and practices in the field of financial management. By analyzing the case of Gree Electric, the study builds a model for the application of digital transformation in financial management, discusses its role in improving efficiency, optimizing decision support and risk control, and points out the challenges faced in the transformation process, such as the complexity of technology and business integration, organizational and talent bottlenecks, and data security risks. The study aims to provide experiences and references on digital transformation for other enterprises and to promote the innovation and development of financial management models.
References
Al-Okaily, M., Al-Kofahi, M., Shiyyab, F. S., & Al-Okaily, A. (2025). Determinants of user satisfaction with financial information systems in the digital transformation era: Insights from emerging markets. Global Knowledge, Memory and Communication, 74(3–4), 1171–1190.
Baldassarre, S., Cavola, M., Palescandolo, P., Piccolo, C., & Pipicelli, E. (2025). Driving digital transformation to promote efficiency in a sustainable perspective: Evidence from a shipbuilding company. Measuring Business Excellence, 29(1), 137–149.
Bocean, C. G., & Vărzaru, A. A. (2025). Health status in the era of digital transformation and sustainable economic development. BMC Health Services Research, 25(1), 343.
Cao, H. (2024). Digital economy empowers new quality productivity: Research on financial risks of digital transformation in power grid enterprises. Financial Supervision, (20), 99–104.
Dai, J. (2024). Impact and practice of financial management digital transformation on high-quality enterprise development. Today’s Fortune, (36), 71–73.
Deng, W. J. (2024). Research on optimization of financial management processes in commercial banks under digital transformation. Shanghai Commerce, (11), 53–55.
Feng, Z. Z. (2024). Analysis on optimizing financial shared management under digital transformation in state-owned enterprises. Today’s Fortune, (11), 98–100.
Han, Y. (2024). Research on strategies to improve enterprise financial management efficiency under digital transformation. Time-honored Brand Marketing, (14), 75–77.
He, Y. G. (2024). Research on the impact of financial digital transformation on risk management. Modern Business Research, (4), 35–37.
Jiang, F. Y. (2024). Reflections on the application of digital technology in financial management of manufacturing enterprises. Accounting Learning, (5), 37–39.
Jiang, M., & Zhai, Y. (2022). Digital literacy among citizens in the context of digital transformation: Framework, challenges, and response strategies. E-Government, (01), 54–65.
Jin, P. (2024). Future finance perspective: Innovative trends and technological implementation of financial informatization. Time-honored Brand Marketing, (23), 49–51.
Khan, M. K., Hussain, P., Hussain, M. J., & Michael, K. (2025). Innovation at the nexus of technology and sustainability: CEO leadership and digital transformation in China. Sustainable Futures, 9, 100494.
Kong, N. (2024). Research on innovative approaches to enterprise financial management under digital transformation. Modernization of Shopping Malls, (13), 177–179.
Li, D. (2024). Strategic analysis of strengthening enterprise financial management in the new era. China Collective Economy, (28), 161–164.
Li, J. (2024). Improvement paths for financial management in public institutions under digital transformation. Tax Payment, 18(14), 73–75.
Liu, Y. (2024). Digital transformation drives enterprise financial management efficiency to new heights. Chinese Businessman, (12), 204–205.
Liu, Y. Z. (2025). Implementation path of digital transformation in enterprise financial management in the digital economy era. China Collective Economy, (1), 173–176.
Moak, J., & Zamanzada, T. (2022). The connective tissue: Digital process automation and DoD financial management. The Armed Forces Comptroller, 67(1), 14–17.
Pu, T. (2024). Do financing constraints moderate the effect of digital transformation on corporate cash holdings? Evidence from China. Journal of Corporate Finance Research, 18(3), 49–61.
Shen, X. H. (2025). Research on enterprise financial informatization construction and digital transformation under big data. Investment and Cooperation, (1), 79–81.
Suo, D. (2024). Application and effectiveness evaluation of financial digital transformation in enterprise cash flow management. Today’s Fortune, (36), 80–82.
Wang, Y. (2024). Exploration of enterprise financial informatization paths under digital transformation. Accountant, (12), 44–46.
Xiao, L. (2024). Impact and practice of financial management digital transformation on enterprise high-quality development. Financial Management, (5), 40–41, 46.
Yan, J. (2024). Innovation and challenges of enterprise financial management models under digital transformation. Time-honored Brand Marketing, (20), 83–85.
Zhan, H. R. (2024). Research on innovative strategies of enterprise financial management under digital transformation. Time-honored Brand Marketing, (19), 133–135.
Zhao, L. (2021). Empowering high-quality economic development through the digital economy: A theoretical review and research framework. China Business Review, (20), 190–192.
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Qinghua Huo (Author)

This work is licensed under a Creative Commons Attribution 4.0 International License.