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A Case Study Of Centralized Financial Control And Implementation Of Transnational Groups Based On Informatization Aspect

Posted on:2019-05-07Degree:MasterType:Thesis
Country:ChinaCandidate:W B ShiFull Text:PDF
GTID:2429330548451389Subject:International business
Abstract/Summary:PDF Full Text Request
In recent years,with the rapid advancement of people's living standards,pharma-ceutical companies have also entered a new era of expansion.Mergers and acquisitions in the medical circle,especially cross-border mergers and acquisitions,have continued to emerge with the deepening of global economic integration,and how they can turn into mergers and acquisitions.The ultimate goal of realizing corporate benefits is an imminent problem for transnational corporations.At the same time,in the current high-speed iteration of computer software systems,the Enterprise Resource Planning(ERP)system,the enterprise resource planning system,has gradually entered many domestic multinational companies.The use of ERP system not only enables the limited resources within the enterprise to be integrated and used,but also promotes the cooperation be-tween internal departments of the company,the financial management and control of the enterprise to achieve cost optimization and efficiency improvement,and provides managers with management basis and decision-making reference.It is precisely be-cause of the innovation in science and technology information technology that cross-country and cross-regional communication and management have become possible;the advanced and convenient information management system has been applied by multi-national companies,especially a group of companies that try to "go global" from do-mestic countries.A decisive role was reached,and the overall position of financial con-trol in the management and control of the entire multinational corporation was gradu-ally established.In order to fully explore the application of financial information management and control theory in certain transnational and cross-regional operating groups,and to make recommendations for multinational corporations to implement financial control in an internationalized environment,this paper mainly explores multinational corporations,especially for initial deployments.The cross-border strategy,which is currently focused on domestic companies,is to implement a framewoRK for the implementation of a centralized and centralized management and control model for financial information across countries and regions.Comprehensive research at home and abroad found that the current research on management and control theory has ceased to be the focus of research.The guiding principles of financial management and control system design,specific control measures and methods are the new breakthrough points for research,or the initial at-tempt to "go out The multinational corporations have established their financial man-agement and control model.They can only re-integrate their combinatorial financial management and control models by combining existing businesses.Therefore,this ar-ticle selects RK Group as an example,based on its recent strategy of acquiring and reorganizing more than 100 companies nationwide,acquiring a number of pharmaceu-tical production companies and research laboratories worldwide,and focusing on cross-regional and regional large-scale pharmaceuticals.Operating logistics distribution group as the center,to explore the standard and standardized financial information man-agement and control system to build a multi-departmental,multi-departmental group financial management and control framewoRK,in-depth study,through the use of SAP(System application products)system platform,focusing on the centralized manage-ment of financial services under the group level as the main research content,using international standard ASAP(accelerated system application products)implementation methodology as the research method,and focusing on the study of domestic and foreign companies' financial control theory,focusing on Select the business process combing,framewoRK specification as the core,and constantly enrich the financial management and control theory.At the same time,by continuously promoting the centralized man-agement and control of corporate financial information within the company,it will pro-vide technical strategies and theoretical basis for the continuous improvement of cor-porate financial information resource management and the continuous development of domestic enterprises.
Keywords/Search Tags:Transnational, Interregional Group, Financial Informationization, Centralized Control, Implementation Strategy, Process Optimization
PDF Full Text Request
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