On July 18, the 19th China CFO Conference—themed “AI + Finance: Driving Value Creation”—was successfully held in Beijing. The event was guided by the Ministry of Finance of the People’s Republic of China, hosted by New Financial Magazine, with special support from the People’s Government of Shijingshan District, and co-organized by Yonyou and other leading institutions.

The conference brought together renowned entrepreneurs, economists, and elite CFOs to witness one of the most prestigious gatherings in China’s financial management field. The highlight was the presentation of the “2024 China Best Practices in Enterprise Financial Management” awards.

AI + Finance Powers Digital Transformation: The Right Time for Full-Scale Adoption

Since the 2025 Spring Festival, the impressive debut of DeepSeek ignited a viral wave across social media, underscoring how AI innovation has progressed faster than market expectations. With next-gen technologies like big data and AI rapidly reshaping internal and external enterprise environments, digital intelligence transformation is now a strategic imperative for competitiveness.

As the core hub of business management, finance is being revolutionized by AI. No longer limited to transactional processing and retrospective accounting, finance is evolving into a forward-looking, decision-enabling value center—playing a crucial role in strategic planning and precise operational decisions.

Policy support is also accelerating this shift:

• The 2024 Government Work Report launched the “AI+” initiative.

• The State-Owned Assets Supervision and Administration Commission (SASAC) called on central SOEs to adopt AI for new productivity models.

• The revised Accounting Law supports informatization and smart finance.

• The Ministry of Finance has piloted data asset management programs.

• The 2025 Government Work Report re-emphasized advancing the “AI+” strategy.

According to Fu Jianhua, Vice President of Yonyou Network:

“AI is reshaping management software and the SaaS industry. By integrating NLP and intelligent assistants, we improve efficiency and drive enterprise-wide digital transformation. Business leaders should stay informed on advanced AI tools, including the use of large and small language models in accounting, fund analysis, and beyond. As AI matures, more applications will land in corporate finance, helping companies optimize costs and fuel innovation.”

At this year’s conference, industry experts from government, business, academia, and research shared keynote speeches, panel discussions, and case studies that decoded the path of financial digital transformation in the AI era. They outlined a comprehensive implementation framework based on four pillars: Technology, Policy, Talent, and Value Metrics, helping elevate finance from a supporting function to a strategic core—thus providing critical support for the national “AI+” agenda.

Celebrating Financial Excellence: Yonyou Supports High-Quality Enterprise Growth

Pioneering enterprises play a crucial role in driving financial digitalization forward. The “China Best Practices in Enterprise Financial Management” awards, approved by the Ministry of Finance and organized by New Financial Magazine, are considered the most authoritative in the field. An elite judging panel comprising MOF leaders, industry experts, and C-suite executives ensures the process is fair, professional, and credible.

Leveraging world-class digital technologies, Yonyou continues to support large enterprises in achieving financial transformation. This year, several of Yonyou’s clients won prestigious awards, recognizing their significant results in digital and intelligent finance.

Looking ahead, Yonyou will continue to work closely with enterprises, promoting leading practices and ideas to support China’s high-quality economic development.

Digital Intelligence & Value-Driven Finance: Yonyou BIP Powers Smart Enterprises

In 2025, Yonyou BIP Smart Finance continues to uphold its vision of “Digital-Intelligent Integration, Value-Driven Finance.” Through deep integration with domestic LLMs, Yonyou BIP Enterprise AI introduces an even richer set of innovative financial solutions—covering financial shared services, smart accounting, performance management, expense control, e-archiving, global treasury, tax cloud, contract cloud, and more.

These seamlessly connected products enable enterprises to build a unified, intelligent financial management system across business, finance, tax, treasury, and documentation. With increasingly mature and integrated solutions, Yonyou BIP helps businesses break through bottlenecks, enhance capabilities, and achieve higher value.

To date, Yonyou BIP Smart Finance has supported over 65,000 large and medium-sized enterprises, including nearly 70% of China’s central SOEs, across 100+ industries such as energy, telecom, finance, manufacturing, transportation, construction, tobacco, and metallurgy. Many well-known companies have partnered with Yonyou to implement leading financial practices that drive measurable results and sustainable growth.

According to Gartner®’s report “Market Share: Enterprise Software, Worldwide, 2024”:

  • Yonyou ranks 5th globally and 1st in Asia-Pacific in the financial cloud (FMS Components Cloud) market.
  • In the financial software (FMS Components Software) segment, Yonyou ranks 7th globally and 1st in APAC, making it the only Asia-Pacific vendor in the top 10 worldwide.
  • For 14 consecutive years, Yonyou has remained in the global top 10 for financial software by revenue market share—demonstrating its excellence and market leadership.

With 37 years of expertise in enterprise services, Yonyou’s “Enterprise AI” built on Yonyou BIP tightly integrates business processes, data, and AI applications. Moving forward, Yonyou will continue to promote BIP across enterprises of all sizes, helping organizations implement AI successfully and supporting global digital transformation with Chinese innovation and momentum.