DIGITALIZATION IN THE MANAGEMENT OF BUDGET AND FINANCIAL SYSTEMS AT PT KERETA INDONESIA OPERATING AREA 5

Abstract

Digitalization of financial management has emerged as a pivotal advancement in enhancing efficiency and transparency within corporate budgeting processes. This study investigates the implementation of digital systems in budget management at PT Kereta Api Indonesia (Persero) Operating Region 5 Purwokerto. The internship was conducted within the finance unit, concentrating on the preparation and review of budget plans utilizing digital systems. The research employs a qualitative approach, grounded in field observations and documentation analysis. The findings indicate that digitalization significantly improves the accuracy of financial data and minimizes human errors. Nonetheless, certain challenges persist, including employee adaptation to new systems, reliance on manual verification processes, and integration issues with other departments. To address these challenges, it is recommended to establish structured training programs, automated verification systems, and integration of financial systems with operational and marketing units. The implementation of digital budgeting holds substantial potential for optimizing financial management, thereby facilitating enhanced decision-making and financial accountability.