An Exploration of Enterprise Budget Management Strategies from the Perspective of Digital Transformation
DOI:
https://doi.org/10.70088/dvd3zw47Keywords:
digital transformation, budget management, business-finance integration, dynamic budgeting, enterprise controlAbstract
The rapid expansion of the digital economy is driving profound structural transformations in corporate governance paradigms worldwide. Traditional budget management frameworks, which predominantly rely on hierarchical planning mechanisms and maintain separate accounting systems for operational and financial functions, increasingly find it difficult to satisfy the dynamic resource allocation demands imposed by volatile and uncertain market conditions. Drawing upon micro-panel data from China A-share listed companies spanning the period from 2022 to 2025, this study empirically investigates the influence of digital transformation on both the operational efficiency and measurement accuracy of corporate budget management practices. The analysis systematically elucidates the underlying mechanisms through which digital transformation exerts its effects, specifically examining data transmission pathways, process reengineering initiatives, and organizational synergy dynamics. The empirical findings reveal a statistically significant negative correlation between corporate digital capital investment and budget execution deviation rates, indicating that greater digital investment is associated with more precise budget outcomes. Furthermore, the deep integration of operational and financial data is shown to enhance budget dynamic response efficiency by approximately 58.7 percent. In addressing prevalent governance challenges encountered in contemporary digital budgeting initiatives, including data silos, model mismatches, and organizational decoupling, this paper proposes comprehensive optimization pathways centered on data governance frameworks, process restructuring strategies, and organizational empowerment mechanisms. The study ultimately provides robust empirical evidence and actionable governance recommendations for enterprises seeking to advance their digital budgeting initiatives and strengthen overall financial control capabilities.References
M. Y. Bahtiar, H. R. Iswari, and A. Fairuzabadi, “Transforming Budgeting Practices in the Digital Economy: A Systematic Review of Technological Advances and Digital Literacy,” in *International Conference on Digital Business Innovation and Technology Management (ICONBIT)*, vol. 1, no. 2, Aug. 2025.
P. Celestin, “The future of public sector budgeting: How digital transformation and blockchain are improving transparency and reducing corruption,” 2025.
O. S. Ebhota, Y. Hongxing, and A. K. Sampene, “Investigating the influence of digital transformation, budgeting and budgetary control on the financial performance of SMEs,” Scientific African, vol. 26, p. e02429, 2024.
S. Salahudin, I. T. Sihidi, K. Karida, and M. Firdaus, “Digital budgeting transformation and future challenges: A bibliometric analysis,” Journal of Governance and Public Policy, vol. 11, no. 3, pp. 257–270, 2024.
M. Ylinen, M. Järvenpää, and M. Ranta, “The Digital Shift in Budgeting During Times of Crisis,” SSRN, 2024. [Online]. Available: https://ssrn.com/abstract=5047134
S. Petrukha, N. Petrukha, M. Mykolaichuk, L. Yefimenko, K. Bortniak, and I. Kononenko, “Digital transformation of the budget process in public administration system: global trends and national priorities,” Aposta: Revista de ciencias sociales, vol. 24, no. 113, p. 20, 2026.
E. Fedchenko, A. Lysenko, I. Vankovich, N. Savina, A. Zueva, and A. Nikiforov, “Impact of smart control models on financial and budgetary management in terms of digital transformation,” Journal on Innovation and Sustainability RISUS, vol. 16, no. 3, pp. 186–200, 2025.
A. Usman, M. Mediaty, A. D. Anggraeni, G. T. Nusa, and N. D. Anugrah, “The Role of Digital Technology in Integrating Strategic Planning and Budgeting: A Literature Review,” Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE), vol. 9, no. 1, pp. 8442–8451, 2026.
Y. Gaur, “Strategic Budgeting in the Digital Era: A Governance and Agility Framework,” International Journal of Business and Management, vol. 21, no. 4, 2026.
M. Pruteanu, “Financial risk management mechanisms in the field of budgetary and fiscal relations in the context of digital transformations of the budgetary process,” in Modern finance from the perspective of sustainability, 2025, pp. 253–262.
J. C. Albrecht, A. L. R. Müller, and F. Rüttger, “Dealing with uncertainty regarding the initialization and budgeting of digital transformation projects,” Procedia Computer Science, vol. 256, pp. 1575–1582, 2025.
N. G. Vovchenko, O. B. Ivanova, E. D. Kostoglodova, Y. V. Nerovnya, and S. N. Rykina, “Digital transformation of the system of public finances management,” in Institute of Scientific Communications Conference, pp. 940–949, Apr. 2019.
I. H. Sinulingga, F. N. Nasution, and E. P. Sinulingga, “Improving Accuracy and Integration of Budgeting Process with the E-Budget Application,” in Talenta Conference Series: Local Wisdom, Social, and Arts (LWSA), vol. 9, no. 2, pp. 593–599, May 2026.
E. Voloshina, M. Namkhanova, N. Alesina, and N. Miloshenko, “Aspects of digital transformation of construction of socially significant objects financed by budget funds,” in AIP Conference Proceedings, vol. 3276, no. 1, p. 020029, Jun. 2025.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Yingyu Zhou (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
