Study On The Establishment Of Financial Integration System Of Large-sized Group Corporations

Nowadays, along with China's enterprise structural reform and the process of joining into global competition, especially with the state government's promoting big-sized group enterprise strategy, the trend of group-organised, operation-diversified corps is getting more and more popular day by day among Chinese enterprises, and businesses of multi-industry, multi-regional, multi-ownership structure are emerging abundantly, of which changes need to strengthen effective supervision objectively to financial operation of the whole group. Being propelled by the economic globalization and informationazition, the mode of financial management is heading towards integrated control, and finally appears the mode of financial integration system.Presently, the majority of domestic research on financial integration system concentrated on the necessity, feasibility and implementation procedure of financial integration. Which due to lack of integration and completeness, especially to the evaluation and study of the effect of financial integration system, cannot guide the practice efficiently Based on related research available, firstly, the article sums up the concept and connotation of financial integration for large-sized group corps. Then it analyzes the imperativeness of financial integration both on the macro stand and micro stand. This article emphasizes the advantages and limits for building up integrated financial system, on which it carries out valuable research at the same time.The analysis of this article indicates that the implementation of the integrated financial system can greatly improve the ability of enterprises' financial management, support financial decision-making, reduce financial management cost and enhance performance assessment and so on, where the system's advantages can be presented.The article anatomizes the system's limits based on the research to the running effect of it, clarifying framework problems and operating difficulties in theimplementing process. It also carried out sensible exploration mainly from the point of the weakness of international example, disjointedness in financial management and business development, the limit of financial staff quality, the difference of performance index, the vacancy of financial management main body etc. The conclusion is that it must be improved for enterprises to win value-added service from financial information support in competition, and be able to supervise the status of implementing cooperate strategy and progress of operation goal realization, sequentially, improve core competitiveness.Based on the above research, in order to promote integrated financial system operation to be more mature, combining with pragmatic experience and successful method, the author provides strong practical scientific reasonable solution, taking the relevant facts into consideration, and finds out ways and methods for effectively implementing integrated financial system establishment and solving pragmatic problems. The conclusion regarding to business and accounting system integration is long-term ideal status for financial integration system; this is an effective prescription for solving problems.