Digital technologies in financial management

This review article examines scholarly opinions on the implementation of digital technologies in financial management. Various approaches and assessments are examined, and international experience is studied. It is noted that one of the key issues is the availability of basic capabilities for the digitalization of the economy. The introduction of digital technologies and modern innovations significantly impacts economic security and the emergence of new challenges and threats.

The author examines key aspects of digital technology implementation and the specifics of their application in financial management. Particular attention is given to blockchain technology, one of the most innovative and promising technologies. According to the author, the use of this technology improves the security of financial transactions.

The advantages and disadvantages of digital technologies in the economy are considered. Scholarly opinions on the possibility of transitioning to new technologies boil down to key challenges, such as the lack of IT infrastructure and IT specialists. The proposed solutions are aimed at improving the legislative framework to meet the challenges of digital transformation. 

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