Research On The Construction And Practice Of Financial Shared Service Center In Group A

With the highly integrated development of the global economy,the competition among enterprises is intensifying.The diversification of industrial structure not only brings new development direction to enterprises,but also puts forward new challenges to enterprise financial control.Traditional financial management is difficult to meet the needs of modern enterprise management.Therefore,many enterprises began to explore the transformation and upgrading of financial management.Based on the rapid development of information means,the Internet has penetrated into all walks of life.A large number of domestic group enterprises began to learn from the successful experience of foreign large enterprises in establishing financial shared service centers,and began to explore the construction mode of financial shared service centers in line with their own needs and China’s national conditions.By establishing a Financial Shared Service Center,we can break the space boundary that is difficult to cross.Based on the theory of process reengineering,the Financial Shared Service Center combs the business of the enterprise again with standardized and intensive financial means,so as to realize the resource integration and redistribution of the enterprise,release the basic accounting manpower under the traditional financial management mode,promote the transformation of traditional financial personnel into comprehensive management talents,improve the quality of enterprise operation and management,reduce the cost of enterprise management and control,improve the efficiency of enterprise management Strengthen group level control,reduce the level by level distortion of financial data,and provide high-quality decision-making financial information.Based on the research of domestic and foreign scholars on Financial Shared Service Center,this paper combs and integrates the relevant theories of Financial Shared Service Center,and studies the construction and practice of Establishing Financial Shared Service Center in group A.Firstly,this paper analyzes the four major problems and their main causes under the original traditional financial management mode of group A,which are difficult to improve the management efficiency,difficult to reduce the labor cost,low accuracy of financial data,insufficient support for enterprise decision-making,lengthy business process,low processing efficiency and difficult to improve the risk control ability of the group.It also makes a feasibility analysis on the establishment of Financial Shared Service Center in group A,and then introduces the four stages of the construction of Financial Shared Service Center in group A: the establishment of construction objectives,the top-level design and planning stage,the specific implementation and deployment stage,and the construction of core information system.Finally,around the problems existing in the traditional financial management mode of group A: low management efficiency and difficult to reduce labor cost;Low accuracy of financial data and insufficient support for enterprise decision-making;The business process is lengthy;Four major problems that make it difficult to improve the risk control ability evaluate the construction effect of the Financial Shared Service Center,and believe that the current financial shared service center of group A has advantages in four aspects: organizational structure reform,financial accounting refinement,business process optimization and risk control ability improvement.At the same time,it is found that there are still some problems in the current financial shared service center,such as insufficient integration of business and financial level information system,full business coverage has not been realized,support for core business needs to be improved,and optimization suggestions and lessons learned are put forward;Finally,this paper summarizes and prospects.