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Hendra Saragih
Universitas Pasir Pangairan

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Digital Economy and Business Transformation in Indonesia: An Exploration of Opportunities and Challenges Fauziah Alfie Faj’ri; Muhammad Amsal Sahban; Hendra Saragih; Patricia Jeaneth Cyntia Kojongian
Nomico Vol. 1 No. 7 (2024): Nomico-August
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/xer5f812

Abstract

This research explores the impact of the digital economy on key sectors such as e-commerce and fintech and identifies the challenges companies face in the adoption of digital technologies. In the context of e-commerce, this research assesses how digitalization has changed the way businesses operate, including changes in business models, payment methods, and customer experience, as well as how technology has enabled market expansion and improved operational efficiency. Using a qualitative approach and literature review, the research leveraged data from annual reports of government agencies, international organizations, industry reports of market research firms, and academic journal articles on digital transformation. The results reveal that, while digitalization offers significant opportunities for market expansion, innovation, and increased financial inclusion, there are serious challenges that include infrastructure limitations, digital skills gaps, and regulatory uncertainty. The implications of these findings point to the need for inclusive infrastructure development strategies, comprehensive skills training programs, and adaptive regulatory policies. Such measures are expected to address existing gaps and maximize the benefits of the digital economy for business growth as well as the national economy.
The Effect of Accounting Digitalization on Operational Efficiency and Decision Making in Companies Sapinah Sapinah; Eko Cahyo M; Hendra Saragih; Sri Imaningati
Nomico Vol. 1 No. 10 (2024): Nomico-November
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/hzcje007

Abstract

Accounting digitalization has become a trend that is increasingly adopted by companies as part of a broader digital transformation. This change is believed to improve operational efficiency and support faster and more accurate decision making. The purpose of this study is to analyze the effect of accounting digitalization on operational efficiency and corporate decision making. The method used in this research is a qualitative approach with in-depth interview and survey techniques in several companies in the trade, service and manufacturing sectors. The results showed that accounting digitalization has a significant positive impact on operational efficiency through process automation, reduction of human error, and more efficient document management. In addition, digitization also improves data access speed and accuracy of financial reports, which in turn supports more timely and data-driven decision-making. However, challenges in implementation, such as initial costs and employee resistance, are still obstacles that need to be overcome. The implications of this study suggest that companies should conduct careful planning and employee training to ensure a successful transition to a digital accounting system. This research also contributes to the literature in the field of accounting digitalization and provides insights for policies that support digital transformation in the business sector.