Research On The Establishment Of The Operation System Of Financial Sharing Service Center Of X Enterprise Group

With the rapid development of China's economy,Chinese enterprises are also maturing,not only gradually developing into cross-regional and diversified enterprise groups,but also gradually developing towards international enterprises.The grouping of enterprises has created more profits for enterprises,but at the same time it has produced new problems such as inefficient decision-making,increased financial risks,increased costs,and increased management difficulty.These problems have become increasingly prominent with the expansion of the group.As a result,some enterprises began to seek new management models to meet the management requirements of enterprise groups.Financial Shared Service Center emerged with the development of networks and ERP systems,and were quickly favored by many enterprises.China's external capital market started late and is still being improved.There are still many problems between external investors and enterprises,such as information asymmetry,market irregularity,and weak supervision.Therefore,enterprises have established internal capital markets.Making up for these shortcomings is an inevitable requirement for development.Compared with the external capital market,the internal capital market capital allocation is more diverse,avoiding the risks and problems in the external capital market.It is of extraordinary significance for the enterprise group to achieve the maximum return of the total capital under the limited capital.The construction process of the Financial Shared Service Center can be regarded as a process reengineering of the enterprise.It is a huge change for the enterprise group in terms of business process and management methods,and also affects the operation of the internal capital market of the group.Therefore,the research of the Financial Shared Service Center is of great significance to the enterprise group.The article attempts to build a financial shared service center system that meets the characteristics of H-type enterprise groups by studying the effectiveness of the financial shared service center in the operation of the internal capital market.While improving the efficiency of enterprise management,we should give full play to the positive role of the internal capital market in alleviating financing constraints,saving capital costs,optimizing resource allocation,and diversifying financial risks.This paper summarizes the epitome of most Chinese H-type organizational structure enterprise groups from case companies,in order to provide assistance for Chinese local enterprise groups to establish similar financial sharing service centers.