o:7444 Impact of Digital Transformation on Financial Management of Small and Medium Enterprises en Abstract: This paper investigates the impact of digital transformation on managing finances in small and medium-sized enterprises (SMEs). The aim of the research is to examine how innovative technologies enabled by digital transformation can improve the efficiency and transparency of financial management. By analyzing literature sources key tools and technologies that SMEs can utilize have been identified. Particular focus is placed on artificial intelligence, machine learning, big data analytics, and automated reporting, which enable more accurate decision-making, cost reduction, and optimization of financial flows. The findings show that digital transformation can significantly improve the financial performance of companies, increase profitability, and reduce operational costs. The conclusion points out the importance of investing in digital technologies and continuous employee education to fully realize the benefits of digital transformation for SMEs. Further research is recommended to include larger samples and different industrial sectors to further validate these findings and explore the long-term effects of digital transformation on financial management. Keywords: Digital transformation; financial management; artificial intelligence; machine learning; big data analytics. 1552099 10.55817/RVEW4219 2025-04-09T11:29:07.051Z 44 yes 46 Vitomir Tafra Jelena Vapa Tankosić person 0000-0001-8062-1154 2025 application/pdf 409046 https://unilib.phaidrabg.rs/o:7444 no yes 16 70 1552253 2025 Journal of Agronomy, Technology and Engineering Management 8 1 1405 1410 2025