DIGITAL CONTROLLING AND PLANNING: TRANSFORMING THE ENTERPRISE FINANCIAL SECURITY SYSTEM

Вікорія Анатоліївна Фурсова, Денис Григорович Зінченко, Костянтин Геннадійович Кузнецов

Abstract


Problem Statement. The modern turbulent environment is characterized by high dynamics, uncertainty, and increasing risks, rendering traditional enterprise financial security systems – oriented towards retrospective analysis and manual procedures –ineffective. Their reactive nature leads to significant delays in identifying liquidity and solvency threats, which is critically dangerous under martial law, cyber threats, and global supply chains. The purpose of the article is to develop a conceptual framework for building a transformed enterprise financial security system based on the principles of digital controlling and continuous dynamic planning. Methods used in the study: theoretical and methodological analysis, synthesis of scientific approaches, comparative analysis, and systems modeling. The hypothesis of the study was the assumption that the deep integration of strategic digital controlling tools, advanced analytical technologies (AI/ML, Big Data), and dynamic planning into a single information-analytical loop enables a transition from a reactive to a proactive model of financial security, enhancing its adaptability and antifragility. Summary of the main material. The evolution of financial control from elementary supervision to strategic digital controlling is explored. A three-level system architecture is substantiated, including: 1) the data and integration level (forming a single source of truth); 2) the analytics and modeling level (diagnostics, prediction, prescription); 3) the decision-making and automation level (KRI, automated actions). It is demonstrated how integration with the dynamic planning process forms mechanisms for anticipatory response. Comparative tables illustrate the transformation of information-analytical support characteristics and the positive impact of the proposed system on key financial security parameters. Conclusions. The transformation of the financial security system based on digital controlling is a strategic imperative. It transforms the financial function from an administrative-accounting unit into a strategic partner capable of proactive risk management. The proposed model ensures a transition from response to prevention, forming enterprise resilience and viability. The main implementation challenges are investments in IT infrastructure, development of digital competencies, and ensuring cybersecurity. Further research should be directed towards: 1) developing more complex autonomous AI algorithms for risk management; 2) researching the integration of blockchain technologies to enhance transparency and audit efficiency; 3) developing industry standards and framework models for digital financial security.

Keywords


financial security, digital transformation, controlling, dynamic planning, predictive analytics

References


Metelenko, N., Silina, I., Popova, A., Afonov, R. (2024). Optimization of the financial security of industrial enterprises in the era of digitalization using information-analytic tools. Humanities Studies, 18(95), 163–175. https://doi.org/10.32782/hst-2024-18-95-17.

Shkarlet, S.M., Sadchykovа, I.V. (2019). Transformation of the system of financial and economic security of the enterprise in the conditions of the digital economy. Problems and Prospects of Economics and Management, 3(19), 264–276.

Osokina, A., Khvastunov, N., Vostriakov, I. (2024). The system of strategic controlling in the conditions of digitalization. Economy and Society, (67). https://doi.org/10.32782/2524-0072/2024-67-95.

Rane, N., Choudhary, S., Rane, J. (2024). Artificial Intelligence-Driven Corporate Finance: Enhancing Efficiency and Decision-Making Through Machine Learning, Natural Language Processing, and Robotic Process Automation in Corporate Governance and Sustainability. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.4720591.

Warren, J.D., Moffitt, K.C., Byrnes, P. (2015). How Big Data Will Change Accounting. Accounting Horizons, 29(2), 397–407. https://doi.org/10.2308/acch-51069.

Kotarba, M. (2018). Digital Transformation of Business Models. Foundations of Management, 10(1), 123–142. https://doi.org/10.2478/fman-2018-0011.

Hoidash, Yu., Teterin, O., Protsak, K. (2025). Digital technologies to improve communication and interaction in hybrid and remote teams. Economy and Society, (73). https://doi.org/10.32782/2-0072/2025-73-55.

Hrishchenko, I.V., Hrynchuk, T.P. (2020). Main aspects of financial planning in the system of financial security of the enterprise. Economy and Society, (22). https://doi.org/10.32782/2524-0072/2020-22-14.

Chernova, V. V., & Ter Velde, R. V. (2024). Digitalization of controlling: modern solutions for effective enterprise management. Scientific Bulletin of Odesa National Economic University, (12(325)), 108–114.

Onesko, S. V., Khomiak, N. L., Tomilova-Yaremchuk, N. O., & Kobets, D. O. (2022). Development of digital tools for accounting (financial) reporting and its role in ensuring the financial security of an economic entity. Academic Visions, (10–11), 9–37. https://doi.org/10.32782/2524-0072/2020-22-14.

Brynjolfsson, E., McAfee, A. (2017). Machine, Platform, Crowd: Harnessing Our Digital Future. New York: W. W. Norton & Company.




DOI: https://doi.org/10.32620/cher.2025.4.08

Refbacks

  • There are currently no refbacks.