Research On Evaluation Of Financial Shared Service Mode Of ZTE Corporation

In the 21st century, with the rapid development of Internet information technology, the whole society goes into the era of network economy, not only brought the global economy integration, also caused a dramatic change of the enterprise, such as enterprise mergers and acquisitions. As the development of international trade, expanding international market led to the financial management of trouble, and financial management reform was discussed in theory and practice. First of all,new financial management model must have a cost advantage, achieving economies of scale. Besides, the new financial management mode must be both efficiency and quality, so financial Shared services model arises at the historic moment. As a new financial management mode, it is able to effectively deal with a series of problems brought by group size, such as personnel focus effectively reduced operational costs of the group, standard the process of remodeling greatly improve the efficiency of financial work,control and supervision system improve the service quality. China’s enterprises are exploring the application of the financial Shared pattern, as one of the pioneers of financial share reform, the success of building process in zte has accumulated rich experience, also proved that the financial Shared mode is a highly efficient management methods. So in this paper, based on the theory of process engineering, we analyses the financial share reform’s effect, and summarizes the key of the success and implementation path, trying to provide guidance experience to Chinese group enterprise about the reform road of the financial Shared services.