How FinTech Innovations Are Transforming Corporate Financial Management Across Industries

This systematic review synthesizes empirical evidence from ۱۲ peer-reviewed studies (۲۰۱۸–۲۰۲۵) to examine how specific FinTech innovations affect corporate financial management practices across industries. FinTech tools including blockchain, artificial intelligence, robotic process automation, big data analytics, and IoT consistently deliver efficiency gains, cost reductions (۱۰–۳۵%), improved accuracy, real-time decision-making, and enhanced risk mitigation. However, the primary functions transformed differ markedly by sector: financial services and banking benefit most from real-time fraud detection, credit risk scoring, and customer-facing analytics; manufacturing and energy sectors achieve the largest gains in treasury management, financial reporting, working capital optimization, and Days Sales Outstanding reduction through blockchain-enabled machine-to-machine payments and smart contracts; retail and healthcare primarily leverage RPA and big data for accounting automation, regulatory compliance, and supply-chain financing. Common implementation barriers include regulatory uncertainty, legacy system interoperability, scalability limitations, and digital skill gaps. Successful adoption requires industry-tailored strategies, supportive regulatory sandboxes, CFO digital competencies, and collaborative ecosystems, and change-management programs. The findings underline the need for context-specific deployment while confirming cross-industry benefits in automation and data-driven finance.

Keywords:

FinTech , Corporate financial management , Artificial intelligence , Blockchain , Real-time analytics