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Academic Journal of Business & Management, 2025, 7(12); doi: 10.25236/AJBM.2025.071210.

Financial Digital Transformation and Exploratory Practice of Mengniu Group

Author(s)

Mengyao Shi1, Qing Yang1, Liping Jiang2

Corresponding Author:
Liping Jiang
Affiliation(s)

1School of Management, Beijing Union University, Beijing, China

2College of Biochemical Engineering, Beijing Union University, Beijing, China

Abstract

With the rapid development of the digital economy and the continuous innovation and widespread popularization of science and technology, enterprises are facing an urgent need for transformation and upgrading. As one of the core functions of an enterprise, financial management, its digital transformation is crucial. As a leading enterprise in China's dairy industry, Mengniu Group has actively adapted to market changes and leveraged financial digital transformation to improve management efficiency, optimize decision-making processes, and enhance competitiveness. Mengniu has continuously explored the application of digital technologies, striving to achieve intelligence, automation, and data-driven financial management, and has achieved certain results. However, the transformation process has also encountered many challenges, such as pressure from system integration and technology iteration, data security and compliance issues, and talent adaptation difficulties. Studying Mengniu Group's financial digital transformation practice can summarize its successful experience, provide valuable references for other enterprises, and promote the digitalization process of the entire industry.

Keywords

Mengniu Group; Financial Digitalization; ERP System; Financial Shared Service Center

Cite This Paper

Mengyao Shi, Qing Yang, Liping Jiang. Financial Digital Transformation and Exploratory Practice of Mengniu Group. Academic Journal of Business & Management (2025), Vol. 7, Issue 12: 74-81. https://doi.org/10.25236/AJBM.2025.071210.

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