An Intelligent Classification Method of Multisource Enterprise Financial Data Based on SAS Model

Abstract

An enterprise is often faced with a large amount of financial information and data information. It is inefficient to rely solely on manual work, and the accuracy is difficult to guarantee. For the multisource data of corporate finance, it is more difficult for financial personnel to accurately analyze the connections between the data. For the multisource financial data of enterprise, this is also a time-consuming and laborious task for financial personnel. At the same time, it is difficult to find the correlation between multiple sources of data and then formulate financial data that guides the development of the enterprise. With the advancement of intelligent algorithms, an intelligent classification algorithm similar to the SAS model has emerged, which can realize the intelligent classification of enterprise financial multisource data and accurately predict the future development trend, which is extremely beneficial to the development and performance of the enterprise. This article mainly combines the financial intelligence classification model SAS with clustering and decision tree methods to classify the financial multisource information and uses the neural network method to carry out the future development trend of corporate finance. The research results show that the maximum error of enterprise financial classification after using the intelligent classification method is only 3.71% and that the forecast error of the future development trend of enterprise finance is only 1.77%. This is an acceptable error range, and this intelligent classification method is also greatly improving the efficiency of corporate financial management.

Business intelligence tools in finance: A review of trends in the USA and Africa

“…Studying BI tools in finance holds significant implications for enhancing operational efficiency, risk management, and strategic planning within financial institutions. The utilization of intelligent finance and BI tools has the potential to optimize processes, improve decision-making, and drive innovation in financial services (Xu, 2022). Furthermore, understanding the impact of BI tools on financial performance and market competitiveness is crucial for staying abreast of industry advancements and leveraging technological innovations effectively (Kurdi et al, 2022).…”