Research On The Construction And Optimization Of Financial Shared Center Of Multinational Corporations

With the valid development of information technology and the strengthening of the trend of economic globalization,the internationalization of the market has accelerated.More and more enterprises continue to expand their scale,go overseas through trade and investment,and become multinational companies.In the face of a more intensely competitive market and a more complex operating environment,multinational companies are faced with problems such as difficult management and control and high costs.In order to maintain an efficient and unified operation process and management mechanism in many countries and regions,and obtain more profits at a lower cost,these companies continue to seek new financial management models,and then start the exploration of financial sharing.Ford first attempted a financial sharing model in the late 20th century.As a new modern financial management model that provides professional services,financial sharing relies on advanced information technology,unifies processes,and standardizes systems,which can effectively reduce costs and increase efficiency,and strengthen management and control.Financial sharing has formed a relatively mature model abroad,while domestic related research started relatively late,and it is still worthy of our exploration and research in terms of overall planning,practical application,and continuous optimization.As the first company in my country to establish a financial sharing center,ZTE has accumulated countless rich experiences that other companies can learn from during its establishment.The enlightenment and key elements of implementation are worth imitating and learning by many companies in light of their own conditions.At the same time,it still faces some problems.Based on the theory of economies of scale,business process reengineering,flattening theory,etc.,this paper mainly adopts the method of case analysis,literature research,data analysis and comparative analysis.Summarized the driving factors for multinational companies to implement financial sharing;combined with PEST analysis method to analyze its feasibility;used the data collected by Guotai,the company’s official website,Baidu and other channels,used SPSS software,and adopted the Mann-Whitney test method to analyze the multinational companies.The effectiveness of corporate financial sharing is analyzed.Then,taking ZTE,the first company to establish a financial sharing center in my country as an example,on the basis of in-depth research on the process of establishing its financial sharing center,the key elements of the financial sharing center are extracted,and its financial sharing center is in the Analyze the effects achieved in reducing costs,improving work efficiency,strengthening capital management and control,strengthening risk prevention and control,and promoting transnational development.At the same time,it analyzes and researches the problems of data security,technical talents,capital management,flexible operation and tax management under ZTE’s financial sharing.For the problems existing in the financial sharing center,perfect countermeasures and suggestions are put forward.Finally,from the point to the face,it summarizes the enlightenment and thinking of multinational companies in the application and practice of financial sharing,in order to provide reference and reference for other enterprises.