Research On Optimization Of Huaxin Cement's Comprehensive Budget Management Based On Shared Services

Economic globalization and the continuous development of multinational companies have promoted the continuous expansion of the company's scale,which has brought huge challenges to the traditional financial management of enterprises.In addition,the rise of international trade protectionism and the impact of economic downward trends have forced companies to focus on external markets.While cultivating,it constantly adopts various means including shared services and comprehensive budget management to improve the internal management level and enhance its own competitiveness.The use of shared services by enterprises can not only bring about scale effects and save costs,but also ensure the coordinated operation of related functions and improve work efficiency.After years of practice and development,comprehensive budget management has been proven to improve the level of business management of enterprises,which has been widely recognized by enterprises and consciously used in business management.In order to further promote the efficient implementation of comprehensive budget management,we can explore the introduction of shared services into comprehensive budget management,use the efficient information technology provided by shared services to provide data and information support for the entire comprehensive budget management process,improve budget execution efficiency,and stabilize the development of enterprises Provide a guarantee.However,at present,there are few relevant studies on this model in my country,and the specific practice is also lacking.In this paper,based on the existing research results of shared services and comprehensive budget management,combined with economies of scale theory,process reengineering theory and comprehensive budget management theory,through literature research,field investigation and case analysis,etc.,the comprehensive budget management status of Huaxin Cement is carried out.The analysis found that there were problems such as weak budget management awareness,low budget preparation efficiency,high preparation cost,cost budget execution out of budget constraints,poor information transfer in the budget adjustment process,incomplete budget evaluation reference data,and incomplete index setting and evaluation system..Based on this,this article attempts to introduce shared services into the comprehensive budget management of Huaxin Cement,redesigns and adjusts the organizational structure of comprehensive budget management,and optimizes and reforms the business processes of the four processes of budget preparation,execution,adjustment and evaluation to optimize the entire The company's overall budget management.However,due to factors such as the uncertainty of economic activities and the instability of the system,it may adversely affect the optimization of the overall budget management based on shared services.In this regard,this article also puts forward some guarantee measures for the optimization of comprehensive budget management based on shared services,including strengthening budget training and accelerating system integration;enhancing budget management and control,smooth information exchange;comprehensive reference ofdata,scientific setting of indicators and so on.