Digital tools for managing business financial risks in martial law

Abstract

The article aims to study the possibilities of using digital tools to manage the financial risks of business in the conditions of a state of war characterized by increased economic and political instability. Changes in the financial environment caused by military actions create significant challenges for enterprises, which require the development of new approaches to risk management, including currency, credit, liquidity, and inflation risks. In conditions of high uncertainty, there is a need to use modern digital technologies that allow you to adapt management strategies to the dynamics of external factors quickly.

The research uses a comprehensive approach, including general scientific methods, such as analysis, synthesis, systematization, and comparison, as well as specialized methods of financial risk assessment. Special attention is paid to the analysis of ways to neutralize risks, which consider new challenges, particularly the instability of the exchange rate and the increase in the share of non-performing loans in the banking sector. A systematic analysis of the possibilities of applying digital risk management technologies such as artificial intelligence, big data, blockchain, cloud computing, and robotic process automation was conducted. Using these tools allows not only monitoring risks promptly but also predicting their occurrence, which ensures effective management of financial threats in conditions of increased instability, flexibility, and reliability of financial risk management. This helps maintain business stability and minimize financial losses.

The research findings confirm that digital technologies are an important tool for improving business financial risk management effectiveness during martial law. Implementing digital tools in risk management allows enterprises to quickly respond to changes, adapt to new challenges, and maintain financial stability in an unstable environment. This study expands the scientific understanding of the role of digital technologies in risk management, offering practical recommendations for increasing business resilience in crisis environments.