Design Of Financing Strategy Model of Financial Management Based on Data Mining Technology

Abstract

With the continued expansion of India's market economy, competition among firms is heating up. To effectively navigate this severe market rivalry, corporate managers are increasingly prioritizing internal management. In comparison to traditional financial analysis approaches, data mining technology provides for a more in-depth comprehension of the underlying information inside large amounts of financial data. It assists financial analysts, investors, and decision-makers in acquiring full insights into the company's financial status and making appropriate judgments on pertinent topics. Both financial and non-financial data produced by traditional accounting information systems frequently confront issues of excess data and insufficient information. When presented with an excess of structured or semi-structured data, adding data mining technologies to the system allows for a detailed and effective projection of the enterprise's future development trajectory.To succeed in this competitive market setting and achieve sustainable development, businesses must realize the critical role of financial management, finance, and data mining technologies. Fundraising management is an important component of financial management for the majority of businesses. On the one hand, finance management has a direct impact on the funding process for small and medium-sized businesses, ultimately defining the extent and pace of their financing initiatives. On the other hand, by prudently allocating and managing finances, businesses may assure the smooth functioning of diverse operations, providing a firm basis for debt payback financing. This article will go into the research and study of financial management and financing for businesses, exploiting the possibilities of data mining technologies.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 33 citations exist upstream.