REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Annotated catalogue (2025)

Thematic sections of the journal

Proceedings of scientific conferences

Formation of an Efficient Mechanism for Digital Transformation of Business Processes in the Development Strategy of Financial Companies
Trusova N. V., Chkan I. O.

Trusova, Natalia V., and Chkan, Iryna O. (2025) “Formation of an Efficient Mechanism for Digital Transformation of Business Processes in the Development Strategy of Financial Companies.” Business Inform 7:448–454.
https://doi.org/10.32983/2222-4459-2025-7-448-454

Section: Finance, Money Circulation and Credit

UDC 334.02:004

Abstract:
Flexible, innovative, and comprehensive approaches to applying digital tools and integrating them into the business processes of financial companies are essential for ensuring their competitiveness. The aim of this article is to establish the theoretical and methodological foundations for an efficient mechanism of digital transformation of business processes within the development strategy of financial companies. By systematizing scientific papers and research, the authors concluded that the main reasons for insufficient digital transformation are the lack of a clear strategy for the financial company and a shortage of managerial competencies. Therefore, developing a company’s development strategy is a mandatory component of the business process, which includes defining short-term (budgeting and forecasting, cash flow management, cost minimization) and long-term (risk management, growth investments) goals, assessing financial resources, analyzing risks, and determining the optimal ways to achieve these goals. The results of the study made it possible to develop a platform-oriented model of the digital transformation mechanism of business processes within the development strategy of financial companies, which includes means of implementation (current business model, organizational structure and HR policy, readiness for innovation, etc.), implementation tools (artificial intelligence, CRM systems, cloud technologies, blockchain, etc.), and corresponding implementation stages (ranging from data collection, processing, and analysis to evaluating results and identifying potential risks). In the context of this platform-oriented digital transformation mechanism, the means, tools, and implementation stages vary depending on the focus of the financial companies’ activities, societal roles, workforce composition, organizational and informational support, and so on. Therefore, future research prospects in this area include substantiating and presenting a digital strategy model in the context of the development strategy of financial companies.

Keywords: digitization, digital transformation, development strategy, efficiency, business processes.

Fig.: 2. Bibl.: 9.

Trusova Natalia V. – Doctor of Sciences (Economics), Professor, Professor, Department of Finance, Accounting and Taxation, Dmytro Motornyi Tavria State Agrotechnological University (66 Zhukovskoho Str., Zaporizhzhia, 69600, Ukraine)
Email: [email protected]
Chkan Iryna O. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance, Accounting and Taxation, Dmytro Motornyi Tavria State Agrotechnological University (66 Zhukovskoho Str., Zaporizhzhia, 69600, Ukraine)
Email: [email protected]

List of references in article

Blakyta, H. V., Bahatska, K. V., and Susidenko, V. T. “Tsyfrovizatsiia yak draiver stiikosti pidpryiemstv v yevropeiskomu vektori“ [Digitalization as a Driver of Enterprise Resilience in the European Vector]. Biznes Inform, no. 2 (2025): 135-142. DOI: https://doi.org/10.32983/2222-4459-2025-2-135-142
Kostynets, Yu., and Sakovets, A. “Tsyfrovizatsiia yak osnova rozvytku biznesu v IT-sferi“ [Digitalization as the Basis of Business Development in the IT Sphere]. Aktualni problemy ekonomiky, no. 2 (2025): 261-267. DOI: https://doi.org/10.32752/1993-6788-2025-1-284-261-267
Ladchenko, S. O., Shumilo, O. S., and Zaika, O. V. “Zastosuvannia informatsiinykh tekhnolohii v antykryzovomu menedzhmenti pidpryiemstva“ [Application of Information Technologies in Enterprise Crisis Management]. Biznes Inform, no. 4 (2025): 476-481. DOI: https://doi.org/10.32983/2222-4459-2025-4-476-481
Mosumova, A. K., Seleznyova, H. O., and Haharinov, O. V. “Tsyfrovizatsiia biznesu: mizhnarodnyi dosvid“ [Business Digitalization: International Experience]. Ukrainskyi zhurnal prykladnoi ekonomiky ta tekhniky, vol. 9, no. 2 (2024): 323-328. DOI: https://doi.org/10.36887/2415-8453-2024-2-55
“Cloud computing - statistics on the use by enterprises“. Eurostat. https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Cloud_computing_-_statistics_on_the_use_by_enterprises
Panchenko, O. O. “Hlobalna konkurentospromozhnist u konteksti tsyfrovoi transformatsii“ [Global Competitiveness in the Context of Digital Transformation]. Biznes Inform, no. 4 (2025): 114-119. DOI: https://doi.org/10.32983/2222-4459-2025-4-114-119
Smoliak, Yu. Yu., and Kholodnytska, A. V. “Shtuchnyi intelekt v upravlinni pidpryiemstvom: transformatsiia roli menedzhera v Industrii 4.0“ [Artificial Intelligence in Enterprise Management: Transformation of the Role of the Manager in Industry 4.0]. Problemy suchasnykh transformatsii. Seriia «Ekonomika ta upravlinnia», no. 11 (2024). DOI: https://doi.org/10.54929/2786-5738-2024-11-04-12
Zhytar, M. O. “Stratehiia upravlinnia finansovoiu diialnistiu pidpryiemstva v umovakh didzhitalizatsii biznes-protsesiv“ [The Strategy of Financial Management of an Enterprise in the Context of Business Process Digitalization]. Ekonomika ta suspilstvo, no. 67 (2024). DOI: https://doi.org/10.32782/2524-0072/2024-67-9
Zhytar, M. O. “Vplyv tsyfrovoi transformatsii na ekonomichnyi mekhanizm pidpryiemstv ta yikh komunikatsiini stratehii yak nevidiemnoi skladovoi suchasnoi finansovoi arkhitektury“ [The Impact of Digital Transformation on the Economic Mechanism of Enterprises and Their Communication Strategies as an Integral Component of Modern Financial Architecture]. Ekonomika ta suspilstvo, no. 74 (2025). DOI: https://doi.org/10.32782/2524-0072/2025-74-84

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences

 OUR PARTNERS

Journal «The Problems of Economy»