Study on the Application of Data Mining Method in Enterprise Financial Management

Abstract

By using such methods as data cleansing, transformation and mining implementation process, etc. related to data mining technique, enterprise financial activities and administrative affairs may be effectively allocated, organized, coordinated and controlled, and accordingly financial allocation process may be effectively optimized and economic benefits of enterprises may be steadily and rapidly enhanced. However by now, due to the improper use of the method, most enterprises in China may not reach this point, and therefore their economic benefits are difficult to be improved dramatically. For this reason, based on the overview of related theories on data mining methods, this Paper specifically analyzes the status quo and countermeasures of the application of data mining method in corporate fiscal management.