Research On Outsourcing Risk Response Of Enterprise Finance

Since the21st century, the global economy gradually shows a trend of integration, and this trend is more and more obvious. In this situation, the domestic companies are facing increasingly fierce competition. Outsourcing as a new management mode, has been recognized and accepted by more and more enterprises. Many companies have made a big success in outsourcing. Financial outsourcing is a form of outsourcing of corporate services. Companies are more focused on the company’s core business development, give full play and build their own core through financial outsourcing. Some companies succeed in the financial outsourcing, some companies are faille. Not all businesses have a clear understanding of the planning, management, monitoring in the financial outsourcing. Enterprises may be facing a great problem in the financial outsourcing, or even outsourcing failure. Because there are different interests between enterprises and outsourcing service providers, the two sides agreed may understand bias in the contract, outsourcing implementation, outsourcing effect. Companies can not achieve the intended purpose of outsourcing. It bring some risks and challenges to the enterprise.Financial outsourcing can reduce the administrative burden of enterprises, help enterprises to reduce management costs, enterprises can pay more energy into the core business areas, fully tap the core competitiveness of enterprises. But there are also a lot of risks in financial outsourcing. If companies make a mistake in outsourcing. It not only help to improve the core competitiveness of enterprises, but will give enterprises with to a huge financial risk. Therefore the monitoring and analysis of enterprise outsourcing risk is very important. This has a very important significance for enterprise.The paper uses outsourcing and risk management theory to analysis the corporate finance outsourcing risk measurement, monitoring, and management and so on. This paper is divided into seven chapters. The content and viewpoint of the main chapters are as follows:Chapter1is Introduction. This chapter describes the purpose of this study, research methods and the research framework.The second chapter is the theory of corporate finance outsourcing analysis. This chapter analyzed the meaning of financial outsourcing, financial outsourcing advantages, disadvantages, and financial outsourcing risk management theory and methods.Chapter III Financial of outsourcing risk identification and measurement. This chapter describes the financial outsourcing risk identification principles, characteristics, and financial outsourcing risk identification system and identify methods of the financial outsourcing risk measurement method introduced.The forth Chapter is monitoring of financial outsourcing risk. This chapter first introduces the necessity of monitoring of financial outsourcing risk. Then it introduces the principles and the basis of the monitoring of the financial outsourcing risk. After that this chapter analysis of the content and measures of financial outsourcing risk monitoring.The fifth chapter is the financial risk of outsourcing strategies. There are some risks in financial outsourcing. So this chapter introduced and analyzed the risks in the financial outsourcing strategies. Then this chapter analyzes the strategies to reduce risk, the transfer risk strategy as well as retain the risk strategy.Chapter VI is a financial outsourcing case study. This chapter finds out the risks in financial outsourcing, then makes targeted gap circumvent.Chapter VII is Summary and Outlook.From the results, the intention of writing is fully realized. Based on existing research, the paper has following contribution:In the planning phase of the outsourcing of corporate finance, a variety of ways of combining should be used to find out the outsourcing risk. The risk identification is the first step in corporate financial outsourcing. Only complete identification of the risk of corporate financial outsourcing, it can be able to correct risk measurement and response.In financial outsourcing risk measurement, a combination of qualitative and quantitative analysis should be used. Qualitative analysis can determine the type of corporate financial outsourcing risk and the overall level of risk. Quantitative analysis can be more scientific and reasonable breakdown of financial outsourcing risk identification and sorting, for corporate decision-makers to provide more accurate information.The internal and external environment what enterprises faced is changing. The financial risk of outsourcing is changing too. It needs to monitor the risk when financial outsourcing is doing. In the monitoring process it needs to adjust according to the situation of the risk response strategies.Companies need to select the appropriate coping strategies according to their own circumstances, comprehensive use to reduce the risk of transfer of risk retention risk strategy. It can minimize the risk of corporate finance outsourcing. Of course this paper also has shortcomings, mainly in:Corporate financial outsourcing has many risks. This paper mainly based qualitative analysis in corporate finance outsourcing risk. Quantitative analysis of the corporate finance outsourcing risk is not enough.Corporate finance outsourcing risk involved in many aspects of business management. This paper researches from corporate financial management risk and management only, with a certain one-sidedness.