Research On Financial Transformation Of M Group From The Perspective Of Business And Financial Integration

With the rapid development of economy and the increasing progress of science,it is obviously important of financial management for business management.In the rapidly changing market environment,rapidly expanding enterprises will face various problems: complex organizational structure,disconnection between business and financial work,lag in information construction,and low management efficiency.In the past,the financial management model was simple and scattered,not large enough to match the current market demand,and even more difficult to meet the needs of enterprise expansion.Enterprises respond to fierce market competition through strategic transformation,adjustment of organizational structure,mergers and acquisitions,and resource integration.Correspondingly,financial management,as an important component of enterprise management,needs to keep up with the pace of enterprise reform,adjust financial functions,and realize enterprise economic benefits.Maximize and enhance corporate value creation capabilities.Therefore,the financial transformation under the "business-finance integration" model has become the only way.This paper makes M Group the research object.In the dairy industry,it is the pioneer of financial transformation under the integration of industry and finance.M Group combines the integration of industry and finance with the improvement of food safety capabilities,adjusts its business philosophy,strengthens the theme of corporate safety responsibility,enhances the awareness of integrity,and strives to improve product quality to improve corporate credibility.Up to now,the financial shared service center has been implemented for a period of time,and some problems have occurred.Therefore,this paper studies financial transformation from the perspective of business-financial integration,and provides a model for domestic enterprises implementing financial transformation.Firstly,the background and significance of the integration of industry and finance are introduced,and the content and methods of the research are proposed.Next,I will introduce the general situation of M Group,including the general situation of M Group and the transformation process of its financial system,elicit the implementation of financial management transformation under the integration of business and finance and its effectiveness,and point out the problems existing in the implementation of financial transformation at this stage,and put forward corresponding opinions on the problems.Through the research on the financial transformation of M Group from the perspective of business and financial integration,this paper hopes to promote the further development of financial shared services in the direction of business and financial integration,so as to promote financial transformation,and enrich the academic research on business and financial integration.The practice of corporate financial management in our country provides a new way forward.I hope the following analysis can provide new ideas for companies that want to try.