Research On Optimization Of Cash Pooling Management Based On Business And Financial Integration

With the development and expansion of enterprises,there are more and more diversified group enterprises,and large enterprise groups have more branches.Due to the unbalanced business development of companies within the group,the phenomenon of lax fund management system and inefficient use of funds is more serious.Therefore,many enterprises begin to adopt the way of centralized management of funds to strengthen control.In addition,the management model of modern enterprises is constantly innovating,and the development of information technology has increasingly increased the requirements for enterprise management systems.Explore how to achieve full sharing of the company’s financial system and business system,eliminate the problem of information island,further improve the company’s business and financial integration management,realize the communication and connection of business data and financial data,and improve the efficiency of enterprise information management,it has become an urgent problem for many enterprises.This article uses the literature research method and case analysis method to study the Y group.Y Group is a collective enterprise in Hubei Province of the State Grid,and it is state-owned.In accordance with the requirements of the policy and the needs of its own development,Y group joined the SG-NC collective enterprise application platform,which is the key to the business and financial integration.At first,only Y group’s financial department joined the platform for accounting processing.With the continuous improvement of SG-NC system,the business module was online,and the business department of Y group gradually carried out business processing in SG-NC system.In order to better implement the centralized management of funds,Y group also set up a "cash pooling" platform to incorporate all the molecular companies into the " cash pooling " and manage and monitor their funds uniformly.In this paper,SG-NC and " cash pooling " two systems of the operation status,the problems and difficulties in the docking process and how to optimize were studied.Through the study of Y group,it is found that because of its short start time of industry finance integration,its impact on centralized fund management is not obvious.SG-NC system and " cash pooling " system only achieve limited collaboration through manual operation.In this paper,we think that we can take the process of capital collection and payment as a breakthrough to realize the automatic docking of the two,which can not only improve the safety and efficiency of capital use,but also reduce the work burden of some financial personnel,so that their energy and time can be invested in more important work such as financial analysis,extending to the front of business,which in turn promotes the development of industry finance integration.This conclusion provides experience and constructive suggestions for the full connection between SG-NC system and " cash pooling " system.