Design And Implementation Of Financial Management System For A Bank

With the full liberalization of China's financial sector, foreign banks and Chinese banks get the same treatment, the domestic market more competitive. Faced with the grim situation and challenges, "big development, fast development" has become an urgent task for the banking industry. The rapid development of information technology and applications, making IT technology has become the banking institutions to achieve business strategy and business operations of the base platform and an important means of financial innovation.Domestic commercial banks use IT technology to build core banking system, credit system, and financial management systems management platform, so as to adapt to the market development needs. Through information systems, the study and master the advanced international banking management experience, as to compete with foreign banks and provide the necessary tools and applications platform. Domestic banks, especially small and medium sized urban commercial banks and rural credit cooperatives in building information systems, requires the use of project management theory and method, the whole process of project management and control systems, improve project quality and management efficiency.Information technology project of bank implementation process must be in accordance with the project management methods and concepts, the current management model and process to reform and innovation. A bank through the financial management system of the project design and implementation of analysis and research, especially for the project quality factors affecting the deep analysis, including cultural differences of the impact of project planning and control, so that banks implement the project financial management system process in a scientific best to ensure project quality and project results on time and according to quality and quantity used in practice. High-quality information management systems, the domestic banks to improve their management level, to withstand the competitive pressures of foreign banks.This paper describes the construction of China's banking information systems background, through description and analysis of A Bank Financial Management System of the status quo and business management requirements, statement A bank's overall financial management system-building goals, hopes to build financial systems business, implementation the Bank accounting data and business information centralization, through the financial system accurately, real-time grasp of business results of operations; in the business needs, A bank wanted to build a financial system can meet the general ledger, accounts payable and asset business needs; technical requirements focused on system integration and scalability, and database security, etc.Chapter II, first introduced on the domestic market ERP products, and domestic banks choose Oracle ERP reasons. A bank again based on business requirements analysis, combined with the financial modules of Oracle ERP system functionality, detailed design for the A bank's general ledger management, payable management, and asset management business processes and solutions. Program design process, considering the A bank's information system status and financial management systems with existing business systems integration, to achieve the financial system and core system, 1104 reporting system data transmission and real-time interaction.Chapter III, the use of project management theory and methods, design A bank's financial management system, organizational structure and project management functions of the structure. Section II introduces A Bank Financial Management System project is implemented, the scope of the project management process management, schedule management and communication management, and through examples, tables and charts. Section III of the project change management. Section IV of this chapter on the local culture and business projects under the control of cultural differences on their views put forward, such as the use of the western city of project "into smaller, longer schedule," project management strategy, the project for the eastern coastal cities is the use of " fast-forward person, a short progress "strategy; in program design and system building process, combined with the western cultural characteristics, the system automatically use the program as a mechanism that is" automatic and manual system with "a combination to meet the customer's business needs. These conclusions can later issue a similar project in practice and verify again. Finally a brief description of the different enterprises, the project manager and project members to form the cultural differences and how to deal with in the project, ultimately to form a harmonious and efficient project teams to ensure successful implementation of the project.Chapter IV, on the A bank's financial management system project applied results of objective evaluation. Financial management system running on the line, completely changing the original bank A financial management model, to meet the head office and subordinate branches of the financial accounting and financial management needs, while strengthening the control of the head office of financial management and oversight functions through timely, accurate and complete financial data for the formation of the A banking business position and operating results of the scientific evaluation, in order to achieve the purpose of supporting decision-making and budget planning and control through the means of achieving lower costs and increase effectiveness. Project financial management system of integrated information systems, business processes, and social evaluation of sorting out and achieve the desired results, that is, A bank implementation of the project financial management system to achieve the desired project objectives. Of course, the project construction plans for the communication problems exist, project rigor of the program and other issues. Whether or should the successful experience of lessons learned are valuable to the project accumulating wealth, it is the future of financial management in the banking system construction project or similar projects, reference and application.In summary, this paper A Bank Financial Management System project as an entry point, through the A-bank financial management analysis, combined with Oracle ERP financial management system design and implementation of control, and evaluation of project applications, the entire project life cycle describe and record, and the use of project management of the ideas and concepts to guide the project practice, while lessons learned to create a more scientific and effective project management method and to look forward to the project through study obtained a suitable banking business financial management system project implementation methods and best practices.When bank build the financial management system, they need to use project management theory and method, the whole process of project management and control systems, improve project quality and management efficiency.In short, the introduction of advanced project management concepts and methods of financial management systems in banks A successful implementation of the project played an effective role.