Corporate Financial Control Transformation in the Conditions of Digitalization

This article addresses issues related to the digitalization impact on the enterprises financial management process, in particular, such a stage of management as corporate financial control. The analysis of the dynamics of the information society development factors included in the "Monitoring of the Information Society Development in the Russian Federation" is presented and it is determined that the Russian business sector does not fully meet the expectations associated with the formation of a new economy of an innovative type and many modern technologies have not been adequately distributed among enterprises. The key factors of the corporate financial control effectiveness are considered and the need to take into account the influence of specific factors related to the business digital transformation on this process is determined. In particular, the necessity of investing in digital assets is disclosed, as they are able to create additional competitive advantages and, as a result, create a positive financial effect and affect the stability, efficiency and competitiveness of enterprises. In addition, due to the tendency to transform new business models in the direction of increasing customer centricity, the factor of human capital and its development level comes to the fore in corporate governance. It is ensuring an acceptable level of development of human capital and the enterprise innovative potential in the context of the knowledge economy formation in the Russian Federation that can give an incentive to development and quality improvement of corporate governance and, as a result, the enterprise effectiveness. The company management should improve the corporate financial control organization in the direction of increasing flexibility and reducing the inertia of the reaction to control influences.