Study On The Financial Shared Service Of SG Group

With the rapid development of economic globalization and the continuous rise and development of multinational companies,traditional financial models have shown greater limitations,and many enterprise groups have begun to seek reforms in new financial management models.Financial shared services began to be applied and promoted by large domestic and foreign enterprise groups as a new financial management model,which achieved the purpose of standardizing business processes,improving work efficiency,and enhancing management and control capabilities.How to continuously improve and optimize the application of the financial shared service model to make it operate more efficiently is a common concern of enterprise groups and scholars.Therefore,the application and optimization of the financial shared service model of enterprise groups have important theoretical and practical significance.This article takes the multinational group SG Group as the research object.Firstly,it sorts out and reviews domestic and foreign literature on the related concepts of shared services,financial shared services related concepts,key implementation factors,and implementation advantages,and draws on related concepts and financial services of financial shared services.The classification and scope of application of shared service models,as well as the application status and future development trends of financial shared services,combined with related theories to carry out theoretical analysis and research on the financial shared service model.Secondly,taking the SG Group Financial Shared Service Center as an example,it analyzes and discusses the development history,operation status and mechanism,operation effect,and existing issues of the Group Financial Shared Service Center;and on this basis,more in-depth adoption Multinational project Thailand project to summarize the shortcomings of the group’s financial shared service center in business process,personnel management,risk management and control,and put forward corresponding optimization suggestions..It is hoped that the research on the application and optimization of the financial shared service model of multinational groups through this article can effectively help enterprises improve the application of the financial shared service model,better enhance their competitiveness,and promote their growth.