Intelligent financial decision support system based on big data
In the era of big data, data information has exploded, and all walks of life are impacted by big data. The arrival of big data provides the possibility for the realization of intelligent financial analysis of enterprises. At present, most enterprises’ financial analysis and decision-making based on...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
De Gruyter
2023-09-01
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| Series: | Journal of Intelligent Systems |
| Subjects: | |
| Online Access: | https://doi.org/10.1515/jisys-2022-0320 |
| _version_ | 1797674814109908992 |
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| author | Tong Danna Tian Guixian |
| author_facet | Tong Danna Tian Guixian |
| author_sort | Tong Danna |
| collection | DOAJ |
| description | In the era of big data, data information has exploded, and all walks of life are impacted by big data. The arrival of big data provides the possibility for the realization of intelligent financial analysis of enterprises. At present, most enterprises’ financial analysis and decision-making based on the analysis results are mainly based on human resources, with poor automation and obvious problems in efficiency and error. In order to help the senior management of enterprises to conduct scientific and effective management, the study uses big data web crawler technology and ETL technology to process data and build an intelligent financial decision support system integrating big data together with Internet plus platform. J Group in S Province is taken as an example to study the effect before and after the application of intelligent financial decision support system. The results show that the crawler technology can monitor the basic data and the big data in the industry in real time, and improve the accuracy of decision-making. Through the intelligent financial decision support system which integrates big data, the core indexes such as profit, net asset return, and accounts receivable of the enterprises can be clearly displayed. The system can query the causes of financial changes hidden behind the financial data. Through the intelligent financial decision support system, it is found that the asset liability ratio, current assets growth rate, operating income growth rate, and financial expenses of J Group are 55.27, 10.38, 20.28%, and 1,974 million RMB, respectively. The growth rate of real sales income of J Group is 0.63%, which is 31.27% less than the excellent value of the industry 31.90%. After adopting the intelligent financial decision support system, the monthly financial statements of the enterprises increase significantly, and the monthly report analysis time decreases. The maximum number of financial statements received by the Group per month is 332, and the processing time at this time is only 2 h. According to the results, it can be seen that the intelligent financial decision support system integrating big data as the research result can effectively improve the financial management level of enterprises, improve the usefulness of financial decision-making, and make practical contributions to the field of corporate financial decision-making. |
| first_indexed | 2024-03-11T22:05:32Z |
| format | Article |
| id | doaj.art-0e7fb3ff10d2494984dfc0161df441a6 |
| institution | Directory Open Access Journal |
| issn | 2191-026X |
| language | English |
| last_indexed | 2024-03-11T22:05:32Z |
| publishDate | 2023-09-01 |
| publisher | De Gruyter |
| record_format | Article |
| series | Journal of Intelligent Systems |
| spelling | doaj.art-0e7fb3ff10d2494984dfc0161df441a62023-09-25T06:05:59ZengDe GruyterJournal of Intelligent Systems2191-026X2023-09-013211496110.1515/jisys-2022-0320Intelligent financial decision support system based on big dataTong Danna0Tian Guixian1School of Finance and Tourism, Shanxi Polytechnic Institute, Xianyang712000, ChinaSchool of Business, Pingxiang University, Pingxiang337000, ChinaIn the era of big data, data information has exploded, and all walks of life are impacted by big data. The arrival of big data provides the possibility for the realization of intelligent financial analysis of enterprises. At present, most enterprises’ financial analysis and decision-making based on the analysis results are mainly based on human resources, with poor automation and obvious problems in efficiency and error. In order to help the senior management of enterprises to conduct scientific and effective management, the study uses big data web crawler technology and ETL technology to process data and build an intelligent financial decision support system integrating big data together with Internet plus platform. J Group in S Province is taken as an example to study the effect before and after the application of intelligent financial decision support system. The results show that the crawler technology can monitor the basic data and the big data in the industry in real time, and improve the accuracy of decision-making. Through the intelligent financial decision support system which integrates big data, the core indexes such as profit, net asset return, and accounts receivable of the enterprises can be clearly displayed. The system can query the causes of financial changes hidden behind the financial data. Through the intelligent financial decision support system, it is found that the asset liability ratio, current assets growth rate, operating income growth rate, and financial expenses of J Group are 55.27, 10.38, 20.28%, and 1,974 million RMB, respectively. The growth rate of real sales income of J Group is 0.63%, which is 31.27% less than the excellent value of the industry 31.90%. After adopting the intelligent financial decision support system, the monthly financial statements of the enterprises increase significantly, and the monthly report analysis time decreases. The maximum number of financial statements received by the Group per month is 332, and the processing time at this time is only 2 h. According to the results, it can be seen that the intelligent financial decision support system integrating big data as the research result can effectively improve the financial management level of enterprises, improve the usefulness of financial decision-making, and make practical contributions to the field of corporate financial decision-making.https://doi.org/10.1515/jisys-2022-0320big datacrawler technologyintelligent financedecision support |
| spellingShingle | Tong Danna Tian Guixian Intelligent financial decision support system based on big data Journal of Intelligent Systems big data crawler technology intelligent finance decision support |
| title | Intelligent financial decision support system based on big data |
| title_full | Intelligent financial decision support system based on big data |
| title_fullStr | Intelligent financial decision support system based on big data |
| title_full_unstemmed | Intelligent financial decision support system based on big data |
| title_short | Intelligent financial decision support system based on big data |
| title_sort | intelligent financial decision support system based on big data |
| topic | big data crawler technology intelligent finance decision support |
| url | https://doi.org/10.1515/jisys-2022-0320 |
| work_keys_str_mv | AT tongdanna intelligentfinancialdecisionsupportsystembasedonbigdata AT tianguixian intelligentfinancialdecisionsupportsystembasedonbigdata |