Accounting decentralization

1. Q: What is blockchain technology? A: Blockchain technology can be understood as a public accounting mechanism. It is a technical solution rather than a specific proct. The basic idea is to establish a set of public account books on the Internet, in which all users in the network keep accounts and check accounts together, so as to ensure the authenticity and non tamperability of information. The reason why it is called "blockchain" is that the structure of blockchain storage data is composed of a chain of "storage blocks" on the network. Each block contains all the information exchange data in the network within a certain period of time, and the chain continues to grow over time. Q: What is the relationship between blockchain and bitcoin? A: Bitcoin used to be one of the most successful applications of blockchain technology. Specifically, the blockchain is a series of data blocks generated by the use of cryptography Association, and each data block contains the information of effective confirmation of multiple bitcoin network transactions. It can be said that bitcoin is a "killer application" of blockchain idea. Blockchain is the underlying technology of bitcoin, but its role is not limited to bitcoin. Q: What are the technical features of blockchain? A: Based on open source software and peer-to-peer network, blockchain can bring more advantages than traditional network in currency related fields such as transaction payment. These advantages include: decentralization, no need to trust the system, disintermediation, tamper proof, encryption security. Q: How does blockchain technology improve the authenticity and non tamperability of data? A: The newly added data blocks are linearly added to the end of the original block in chronological order, which constitutes the blockchain. In this process, the data is distributed in each computer. This decentralized storage method improves the authenticity and non tamperability of the data. When a transaction occurs, users all over the world can act as regulators. If we do not recognize the legitimacy of the transaction, the transaction cannot be concluded, and the data on the blockchain is maintained by us collectively. Q: Is there any potential defect in such a brain burning "blockchain"? A: Blockchain also has some defects to be solved, such as security risks, work efficiency and resource consumption. Since the supervision of blockchain depends on all nodes in the network, theoretically speaking, if you master more than 50% of the computing power of the whole network, you will be able to successfully tamper with and forge blockchain data. Secondly, e to the distributed storage, each node in the blockchain needs to keep a database, and any transaction in the network needs to be authenticated and recorded by other nodes, so the efficiency of the system is low. Finally, because the operation of the blockchain relies on the computing power contributed by the network nodes, these computing power do not proce actual social value, so it is generally considered that these computing power resources are "wasted". Application of blockchain in various fields when blockchain technology is published, many people think it is possible to realize DAC. DAC (full name) can be translated into distributed autonomous system, which refers to an organization system that runs autonomously without intervention and management through a series of open and fair rules. DAC has many forms. It may be a digital currency, a system or an entity, or even a driverless car. This kind of organization system can provide valuable services for customers in the form of currency transfer (such as bitcoin), asset transaction, domain name service, or any other business model. Therefore, through the idea of information sharing, blockchain technology is likely to bring profound changes in cost rection and security improvement to various instries. Application scenarios that existing blockchain technology can achieve: proof of existence can be used to confirm rights in the field of Internet finance, that is, blockchain can really realize "proving your mother is your mother". The smart contract guarantees the validity of the contract, such as the generation required by the electronic signature law; Reliability of methods for storing or transmitting data messages; The reliability of the method of maintaining content integrity; The reliability of the method used to identify the sender. The blockchain of the Internet of things can solve the problem of the coding standard interaction interface of the Internet of things. When an e-signature is signed by identity verification, the signature data is only under the exclusive control of the signer. Any changes to the e-signature after signing can be found, and any changes to the content and form of the data message after signing can also be found. The market forecasting community, August, is an example. Anyone can access and use August anywhere in the world, which may bring unprecedented liquidity and trading volume to the market. Asset trading NASDAQ OMX Group Inc is testing blockchain technology, which NASDAQ believes has the opportunity to transform traditional financial trading methods into bitcoin like ones. The bitcoin mode of e-commerce can be applied directly. Is it possible for e-commerce to become a "harmonious" market without supervision? Social news magmavc has invested $400000 in getgems (formerly known as gems), a start-up project for decentralized social communications applications. File storage directly impacts and even subverts the traditional cloud computing architecture. Chain, a data API blockchain API service provider, has received a $9.5 million investment led by Khosla ventures. Wall Street's financial companies are investing in blockchain and seizing the beach. Visa, NASDAQ and Citigroup also invested in chain, an old Jinshan blockchain start-up, with a financing amount of US $30 million. In the financial field, what can blockchain do? Specifically, in the financial field, in addition to providing a trading platform for bitcoin, Jiuding investment believes that blockchain technology can also greatly improve various asset trading systems other than the existing digital currency. For example, it plays an important role in the post transaction market proceres such as the liquidation and settlement of financial derivatives, foreign exchange, private equity, energy credit linked investment procts and other assets. In terms of speed, the time required for settlement audit in the U.S. securities market is 2 to 3 days. The application of blockchain technology is expected to rece the settlement audit time from hour level to minute level or even second level, thus recing the settlement risk by 99%, and recing the capital cost and system risk. In the blockchain, transaction confirmation and settlement are carried out at the same time. After the node transaction is confirmed by the system, it is automatically written into the distributed ledger, and the corresponding distributed ledgers of all other nodes are updated at the same time. The automatic operation mechanism can greatly shorten the settlement cycle. In terms of expenses, under the current settlement mechanism, in order to achieve a shorter settlement cycle, it is necessary to increase the settlement cost and initial investment expenses significantly. The emergence of blockchain technology makes it possible to rece the settlement cycle more efficiently and quickly, and rece the transaction intermediate proceres, so as to save a lot of money, which is the market space of the related blockchain instry. In terms of security, the integration of blockchain technology into smart contract technology can process complex derivatives transactions programmatically, making clearing more standardized and automated. The time linear stacking feature of the block itself can help the regulators identify and discover illegal operations. At the same time, the smart contract can change the compliance inspection into automation and minimize the possibility of violation from the beginning of liquidation. The 24-hour uninterrupted operation of blockchain technology can also make the data exchange processing of Pan state exchange more stable and reliable. In addition to securities transaction settlement, blockchain can also be used to register and issue digital asset ownership. Blockchain technology can greatly enhance program automation, while smart contract can write many complex derivatives trading terms into the registration and issuance program supported by blockchain technology. When a transaction occurs, blockchain network can quickly and correctly execute. In November 2015, LINQ, a new blockchain technology project cooperated by Nasdaq and chain, has completed the first private equity transaction using the blockchain based issuance and trading platform. The application prospect of blockchain in the field of accounting has also attracted the attention of a large number of people in the instry. Accounting, auditing and compilation cost a lot for global enterprises and the four accounting firms. Automatic accounting based on blockchain technology can greatly rece the relevant costs. The company does not need to recruit special auditors to audit the account book, and all transactions can be stored in the internal blockchain. Due to the irreversibility and time stamp function of the blockchain, the external auditors and regulators of the four major accounting firms can monitor the company's account books in real time by tracking these blockchains. At the same time, the institutions can greatly rece the dependence on the auditors to audit financial transactions and make the audit business more efficient. With the increasing maturity and application expansion of blockchain technology, blockchain start-ups in developed countries have sprung up. At present, the world's leading blockchain companies generally focus on transaction, payment, clearing, Internet of things and other pain point businesses. Some companies have achieved a certain scale, and have developed a relatively clear business model. At the same time, many companies have extended their business in the blockchain instrial chain, covering payment, transaction, risk control, etc., making full use of the multi-point coordination effect. At present, Jiuding investment is also focusing on the projects and applications of various blockchain technologies.

2. Blockchain is a technical solution to collectively maintain a reliable database through centralization and distrust. This technical solution allows any number of nodes in the participating system to calculate and record all the information exchange data in the system in a period of time to a data block through cryptography algorithm, and generate the fingerprint of the data block for linking the next data block and checking. All participating nodes in the system jointly determine whether the record is true
blockchain can improve the way of data recording in audit. In the current network audit, although there is an early warning mechanism, it still needs auditors to judge and handle the abnormal records manually; Blockchain can automatically process the abnormal records through whether each node verifies and approves the block and the transaction information in it, whether the network node is attacked, and whether the account book of each node is complete, so as to make real-time audit possible. Auditors can directly access and query the effective information on the blockchain, judge whether the processing is reasonable and make corrections. In the blockchain, timestamps are used to record various transactions and operations, which can achieve historical traceability and tracking, and greatly improve the quality and efficiency of audit
blockchain can change the storage mode of audit data. In traditional audit, data are stored in an audit center server, which not only has the problems of high load and slow running speed, but also is vulnerable to attack; The blockchain audit system is a typical distributed storage, each node has the same backup, which can not only save the high cost and maintenance costs of the server, but also ensure the integrity of the data
semi public private chain can be used for audit. Blockchain can be divided into three forms: public chain, semi open private chain and full private chain. Considering the characteristics of audit instry, it is appropriate to adopt semi open private chain mode. For the audited units and enterprises, some trade secret information is not disclosed, but the pre selected nodes within the group decide the generation of the block. External suppliers can participate in the transaction but not the accounting process. Externally, it provides a third-party query node to query through the open API. In this way, it can not only ensure the internal privacy of the enterprise, but also enable the external auditors to implement real-time audit query.

3. Instry application of Newton
1) Chain retail: under the corporate organizational structure, capital gains have far exceeded labor gains. With the development of computer and Internet, a new generation of giant retail institutions accelerate the accumulation of wealth to capital. Chain business is the basic business model of human-computer community, and any behavior that has a positive contribution to human-computer community will be encouraged. The application of chain business model in the retail instry is concive to recing transaction costs, protecting consumer privacy and promoting intelligent cooperation
newmall: in the online mall of newmall, because there is no profitable commercial intermediary, the transaction cost of the seller will be greatly reced, and consumers, service providers and other participants can get the incentive of Newton's pass according to the contribution value (newforce)
new digital asset management: as a new digital asset of users, consumption data can be managed through tools such as newpay. Users really own the data, carry out authorization control, pricing and charging, and eliminate the data disclosure without knowledge
targeted advertising: users can set whether to accept marketing, as well as the required information type and price range through newpay and other tools. Advertisers set marketing plans through various marketing smart contract templates built into the system, including target users, incentive mode, settlement method, dynamic price adjustment rules, etc. Advertisers can accurately put in advertisements, make point-to-point settlement with users, and eliminate advertising fraud< br />2 Payment: the current payment cost is high, the efficiency is low, and the flexibility is poor. Through blockchain and other technologies, we can build a new generation of transaction and payment system. Internet of things devices based on newiot technology can access newchain at a very low cost. Smart contracts can be established between devices to realize automatic settlement and payment, meeting the high-frequency requirements in this scenario
Global Payment: through the global distribution of newchain infrastructure and newpay payment tools, cross-border transactions are simple and convenient, and the cost is extremely low
3) supply chain: goods are usually delivered to consumers through logistics, warehousing, customs clearance, sales and many other links. When there is after-sales service, there will be a corresponding reverse process. The current supply chain is basically opaque, and it is difficult for consumers to confirm the origin and circulation information of goods. For some instries, such as food, medicine and luxury goods, this is a big problem. Therefore, a transparent and credible supply chain system for all stakeholders is very important
through the combination of atomic hash, newiot, newchain and other technologies, the supply chain system will be credible, open and transparent, and generate more business innovation
4) self financing: the traditional financial service system has the characteristics of heavy workload, long cycle, high cost and poor flexibility, which is usually difficult to serve small and medium-sized enterprises and indivials. Through digital identity and credit, a new self financing system can be established
enterprise and indivial credit: enterprises and indivials establish a consistent credit system based on newid. Only after authorization, can a third party obtain credit records
Asset Securitization: through the smart contract template, financial organizations can create financial procts without human participation. Through the relevant token tools based on newchain, all kinds of assets can be easily valued or transformed into token on the chain
5) gaming: by combining with blockchain technology, a new game experience can be created: users are both players and rule participants, and virtual game assets are owned by users
automatic transaction of virtual game assets: through the cross chain and Oracle technology provided by newchain, the virtual items in various games can be easily recorded on the blockchain, and the automatic transaction can be realized
game with transparent rules: game developers can easily establish algorithm transparent game logic through newchain related smart contract tools to improve the fairness and transparency of the game
6) agriculture: Currently, there are many problems in agriculture, such as incomplete data and low degree of automation. Block chain combined with Internet of things technology can automatically collect, store and analyze proction data, save the high maintenance cost of centralized management system, rece the later maintenance cost, and help to improve the intelligent and large-scale level of agriculture
traceability of agricultural procts: by introcing the Internet of things equipment compatible with newiot standard into the process of agricultural means circulation, agricultural proction and agricultural procts sales, the safety and efficiency of the whole process of agricultural proction can be improved. Due to the non tampering characteristics of proction data, it can be widely used in scientific research and anti-counterfeiting purposes
intelligent planting: through the Internet of things sensor compatible with newiot standard, it can realize the all-weather monitoring of the planting environment and crop growth. Combined with newai, it can make intelligent decisions on the monitoring results, and build a complete set of intelligent planting system, which can discover risks in time, stabilize proction and increase income
7) public welfare: with its characteristics of decentralization, high transparency and tamper proof information, blockchain technology naturally meets the needs of the public welfare field. Public welfare organizations can store the whole process information from fund-raising, project progress, use of donation and feedback from recipients on newchain for the convenience of donors and the public< Public welfare audit: public welfare activities need public welfare audit to improve efficiency and maintain trust. Through newchain, newid and other technologies and agreements, every donation will be traceable. Public welfare institutions can track the later situation of the relief objects through relevant tools, which helps to enhance the fairness and transparency of public welfare
wildlife protection: using newiot technology, the data of rare wildlife resources can be recorded on newchain, so as to track the location, body index, etc. of each specific animal, providing key information help for migration scientific research tracking, combating poaching and trafficking.

4. 1. Blockchain in the field of payment: the cost of reconciliation, clearing and settlement between financial institutions, especially cross-border financial institutions, is high, and many manual processes are involved; The application of blockchain technology can rece the cost of reconciliation and dispute resolution between financial institutions, significantly improve the efficiency of the payment field, and make it easier for financial institutions to handle small cross-border payment business, which is concive to the realization of inclusive financial business. 2. In the field of clearing and settlement: different financial institutions have different infrastructure structures and business processes, involving many manual processes, which greatly increases business costs and is prone to errors. The application of blockchain technology, combined with the assets on the chain mentioned in the second point, can complete the point-to-point real-time clearing and settlement, so as to rece the cost of value transfer, shorten the time, improve efficiency, and both sides of the transaction can obtain good privacy protection. 3. Asset management: equity, bonds, bills and other assets are entrusted by different intermediaries, which increases the transaction cost of assets and brings the problem of forged vouchers. With the application of blockchain technology, this kind of assets can be digitized into digital assets on the chain. With the characteristics of irreversibility, non tampering and openness of blockchain, the efficiency of asset transaction can be improved and the cost of asset management can be reced. Because the characteristics of blockchain are irreversible and tamperable, the information is confidential and secure, the point-to-point transaction transmission is decentralized, and the information can be traced reliably; In order to rece intermediate costs and improve efficiency, it is not only used in accounting and auditing, but also can be applied to all walks of life. Now we can see the mode of blockchain cooperation operation from behind the operation of all walks of life. Therefore, blockchain will widely and profoundly change the way of human life, so the whole life service will enter the era of blockchain. In the process of Internet development, blockchain + physical instry, blockchain e-commerce and blockchain community operation can be applied to blockchain technology.

5. Blockchain technology is to use computers to solve some propositions that can't be calculated by human brain. Generally, these propositions can't be judged by backstepping. They can only be tested one by one, so this is our legendary mining. So the stronger the computing power of the computer, the easier it is to try to get the right number, which means that we have succeeded in mining
this is totally different from the operations in accounting. Most of the operations in accounting are floating-point operations, which are totally different.

6. About the understanding of financial robots:
let's first talk about the financial robots of Deloitte's big four firms. It's very cool and sci-fi. The outside world thinks that financial robots will be replaced by financial robots. This kind of linear thinking can be understood by people who do not understand finance. Indeed, bookkeeping is a simple and standardized work“ The idea that finance is it is also widely accepted. But calm down and think about it, the functions of these financial robots are more cool than their real value. The financial robot is nothing more than to make the recording of value more efficient, and also to free the financial personnel from the bottom of the business to do more valuable business finance and Strategic Finance. This is worthy of affirmation. Then think about it. When we are in the transition from it (Information Technology) era to DT (data technology) era, it is not only enough to improve the efficiency of recording value. Saving low-end financial personnel is not the focus of enterprises, but how to integrate instry and finance and maximize data value is the focus of enterprises in DT era. While doing a good job in the integration of instry and finance, it is a natural thing to cut off the low-end financial personnel. Never put the cart before the horse
the real intention of the four robots lies in the full quantification rather than sampling of audit, so as to rece their audit cost for large enterprises and realize the value of data. Therefore, from the perspective of auditing, people cut in the things that enterprises can't do well or can't do from this simple point. But this position is still different. Enterprises still need to pay attention to their core problem, which is the accounting efficiency or the imperfect and inadequate integration of instry and finance. Please refer to the author's "core issues of financial work in the era of Intelligent Finance"
we are willing to do things that are easy to understand and can achieve immediate results, and such things generally only solve the appearance problems. Just like many SaaS software for reimbursement on the market, they don't know why there are reimbursement problems. They only improve the efficiency of post processing, and they don't de reimbursement, and they don't control the financial black hole of enterprises. The solutions are mere formality
about the understanding of Financial Sharing Center:
first of all, Financial Sharing Center is the proct of instrial era and PC era. At that time, centralization and intensification are the most suitable procts for the development of that era. Financial Sharing Center has also developed for more than 10 years in China, and few enterprises really do well in it. However, in the past 10 years, science and technology has been iterating for several rounds. It has transited from the PC era to the mobile Internet era. As soon as it enters the era of Internet of things or DT era, several inadaptable problems of Financial Sharing Center will be highlighted
1. The mismatch between centralized thinking and mobile Internet Era:
the symbol of mobile Internet era is sharing, win-win, decentralization and disintermediation. Note that the sharing here refers to the sharing of data and information, not the function sharing and business processing capacity sharing in the Financial Sharing Center. Decentralization is the change of organizational form. It needs to be cross functional and amoebic. Instead of meeting the requirements of new organizational form, centralized thinking has become a bottleneck. Decision making should be left to a team that can "hear the guns."
2. Whether the unified and standardized financial data processing must be centralized:
in the instrial era and PC era, when the Internet technology and data automatic processing capacity are not as developed as they are now, the practice of Financial Sharing Center is in line with the technical environment and the needs of the times. Now the technology has been able to do the centralized processing of the financial sharing center according to the combination of scene and technology, intelligent real-time according to the preset rules, it does not seem to be integrated with the technology of the current era. At present, enterprises need to standardize and unify the financial accounting and processing. The focus is to sort out the rules and processes, and make the scene preset and judgment. Then the intelligent integrated system of instry and finance can automatically process and record according to the scene and preset rules. Then the above problems that the financial robot and the Financial Sharing Center want to solve are solved together. Instead, the solution of existing enterprises is estimated to be the last financial sharing center and financial robot. It looks very good and practical. After comparing the understanding of intelligent finance, we can have a clear judgment
about the understanding of Intelligent Finance:
the key element of intelligent finance is to combine the professional ability of management accounting with the big data and Internet technology in DT era, so as to help enterprise managers and financial workers realize the transformation from recording value to creating value in real time. Then the most critical step is to help enterprises achieve the integration of instry and finance. Without this foundation, the theory and method of management accounting still stay on the plan and paper
the successful operation and management of an enterprise must be from the beginning to the end, and from the beginning to the end; Intelligent finance is to realize the boundless definition of management accounting with the unlimited expansion of technology. Because there are many kinds of enterprise management problems, from cost to performance, from personnel to incentive, the final reflection of the final operation data is the financial data. The ex post value of financial data is far less than the planning value, prediction value and analysis value of process management
therefore, the focus of intelligent finance to solve the problem must be integrated with the business, and the risks that may need to be controlled and the financial support that need to be provided at the source of the business; The efficiency that needs to be improved, the data multi-dimensional labels that need to be left, and the scenarios that need to be set are planned and designed in advance, and then the technology can track, judge, control, analyze and record according to these plans. The advantage of this is that the original enterprise is floating with all kinds of superficial problems. Through the solution of intelligent finance, we can grasp the source and root, pull up the way to maximize the performance and efficiency of the enterprise. Please refer to the author's "how can en + Intelligent Finance improve the market value management level of listed enterprises"
finally, the iteration from intelligent finance to Intelligent Finance:
the development of artificial intelligence will make intelligent finance move towards intelligent finance. Wisdom covers data processing, natural semantic judgment, artificial intelligence thinking and scheme recommendation, but the ultimate goal is to provide valuable business decision support data for enterprises. Technology and the times are constantly changing, but the nature of finance has not changed
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- we are the only fintech (Financial Technology) Company in China with highly configurable and professional financial management solutions built with modeling thinking as the core
- we are a cross-border integration of professional financial management and Internet technology, through SaaS (software as a service) mode to enhance the profitability, internal control ability and financing ability of the company
this article is reproced by Zeng Liang

7. About the understanding of financial robots:
let's first talk about the financial robots of Deloitte's big four firms. It's very cool and sci-fi. The outside world thinks that financial robots will be replaced by financial robots. This kind of linear thinking can be understood by people who do not understand finance. Indeed, bookkeeping is a simple and standardized work“ The idea that finance is it is also widely accepted. But calm down and think about it, the functions of these financial robots are more cool than their real value. The financial robot is nothing more than to make the recording of value more efficient, and also to free the financial personnel from the bottom of the business to do more valuable business finance and Strategic Finance. This is worthy of affirmation. Then think about it. When we are in the transition from it (Information Technology) era to DT (data technology) era, it is not only enough to improve the efficiency of recording value. Saving low-end financial personnel is not the focus of enterprises, but how to integrate instry and finance and maximize data value is the focus of enterprises in DT era. While doing a good job in the integration of instry and finance, it is a natural thing to cut off the low-end financial personnel. Never put the cart before the horse
the real intention of the four robots lies in the full quantification rather than sampling of audit, so as to rece their audit cost for large enterprises and realize the value of data. Therefore, from the perspective of auditing, people cut in the things that enterprises can't do well or can't do from this simple point. But this position is still different. Enterprises still need to pay attention to their core problem, which is the accounting efficiency or the imperfect and inadequate integration of instry and finance. Please refer to the author's "core issues of financial work in the era of Intelligent Finance"
we are willing to do things that are easy to understand and can achieve immediate results, and such things generally only solve the appearance problems. Just like many SaaS software for reimbursement on the market, they don't know why there are reimbursement problems. They only improve the efficiency of post processing, and they don't de reimbursement, and they don't control the financial black hole of enterprises. The solutions are mere formality
about the understanding of Financial Sharing Center:
first of all, Financial Sharing Center is the proct of instrial era and PC era. At that time, centralization and intensification are the most suitable procts for the development of that era. Financial Sharing Center has also developed for more than 10 years in China, and few enterprises really do well in it. However, in the past 10 years, science and technology has been iterating for several rounds. It has transited from the PC era to the mobile Internet era. As soon as it enters the era of Internet of things or DT era, several inadaptable problems of Financial Sharing Center will be highlighted
1. The mismatch between centralized thinking and mobile Internet Era:
the symbol of mobile Internet era is sharing, win-win, decentralization and disintermediation. Note that the sharing here refers to the sharing of data and information, not the function sharing and business processing capacity sharing in the Financial Sharing Center. Decentralization is the change of organizational form. It needs to be cross functional and amoebic. Instead of meeting the requirements of new organizational form, centralized thinking has become a bottleneck. Decision making should be left to a team that can "hear the guns."
2. Whether the unified and standardized financial data processing must be centralized:
in the instrial era and PC era, when the Internet technology and data automatic processing capacity are not as developed as they are now, the practice of Financial Sharing Center is in line with the technical environment and the needs of the times. Now the technology has been able to do the centralized processing of the financial sharing center according to the combination of scene and technology, intelligent real-time according to the preset rules, it does not seem to be integrated with the technology of the current era. At present, enterprises need to standardize and unify the financial accounting and processing. The focus is to sort out the rules and processes, and make the scene preset and judgment. Then the intelligent integrated system of instry and finance can automatically process and record according to the scene and preset rules. Then the above problems that the financial robot and the Financial Sharing Center want to solve are solved together. Instead, the solution of existing enterprises is estimated to be the last financial sharing center and financial robot. It looks very good and practical. After comparing the understanding of intelligent finance, we can have a clear judgment
about the understanding of Intelligent Finance:
the key element of intelligent finance is to combine the professional ability of management accounting with the big data and Internet technology in DT era, so as to help enterprise managers and financial workers realize the transformation from recording value to creating value in real time. Then the most critical step is to help enterprises achieve the integration of instry and finance. Without this foundation, the theory and method of management accounting still stay on the plan and paper
the successful operation and management of an enterprise must be from the beginning to the end, and from the beginning to the end; Intelligent finance is to realize the boundless definition of management accounting with the unlimited expansion of technology. Because there are many kinds of enterprise management problems, from cost to performance, from personnel to incentive, the final reflection of the final operation data is the financial data. The ex post value of financial data is far less than the planning value, prediction value and analysis value of process management
therefore, the focus of intelligent finance to solve the problem must be integrated with the business, and the risks that may need to be controlled and the financial support that need to be provided at the source of the business; The efficiency that needs to be improved, the data multi-dimensional labels that need to be left, and the scenarios that need to be set are planned and designed in advance, and then the technology can track, judge, control, analyze and record according to these plans. The advantage of this is that the original enterprise is floating with all kinds of superficial problems. Through the solution of intelligent finance, we can grasp the source and root, pull up the way to maximize the performance and efficiency of the enterprise. Please refer to the author's "how can en + Intelligent Finance improve the market value management level of listed enterprises"
finally, the iteration from intelligent finance to Intelligent Finance:
the development of artificial intelligence will make intelligent finance move towards intelligent finance. Wisdom covers data processing, natural semantic judgment, artificial intelligence thinking and scheme recommendation, but the ultimate goal is to provide valuable business decision support data for enterprises. Technology and the times are constantly changing, but the nature of finance has not changed.