Design And Implementation Of SAP-based Centralized Fund Management System In Enterprise G

The current world economy is facing globalization,and the global information has been gradually emerged.Under this background,enterprises are facing growing pressures for survival and development from the constantly rising labor costs and fierce market competition.In the face of pressures and challenges,Chinese enterprises have no choice but to face them actively.The enterprises,on one hand,to focus on enhancing business competiveness through industrial structure upgrading and optimization;on the other hand,to determine a suitable information system based on its own development,and to explore the way for reforming the enterprise management.While enterprises work on expansions such as asset restructuring,industry association,and cross-industry mergers,they establish the internal fund settlement center to strengthen financial management,to fully revitalize internal funds,and to pursue the profit maximization.Experience has shown that the centralized management of funds is playing a major role in the development of enterprises.Firstly,the fund is changed from disperse operation into unify management;unified loans system also avoids the loopholes on decision-making and the waste of use.Secondly,by using the time difference holding companies' funds,reducing bank lending,to fully revitalize the capital of enterprises.Thirdly,through centralized settlement of funds,enterprises can supervise the flow of funds effectively,which can prevent funds from extracorporeal circulation,then achieve the target for funds management.The Enterprise G promotes its own change by choosing the application of information technology,and imports SAP system projects as an opportunity to achieve the integration of finance and business.This paper will introduce the SAP from the significance of the Centralized Fund Management System,the model,and the functionality,followed by a brief description of the SAP system,which includes its features and functionalities,as well as the analysis on the results and impacts on the enterprise' implementation of SAP system.Then this paper provides in-depth elaboration on the SAP related technologies,as well as the financial accounting,the fund management,and cash flow management under the SAP fund and finance management.Next this paper analyzes the constructing process,the management structure,the past and present developing progress of informatization,and find out the existing problems.Further more,analyzing the practical significance of applying the powerful SAP integration system into the area of finance management and centralized fund management,and explaining on how to configure the SAP system organization structure with the enterprise' organization structure.This paper also provides demand analysis on the deployment and implementation of SAP centralized fund management;and detailed explanation on the infrastructure design,functional modules design,and then proposes a solution on integrating the SAP system and Host-to-Host.Last but not the least,analyzing system realization and system deployment,as well as the key tasks and impacts involved in the system deployment.With the deployment of SAP system,the enterprise manages to achieve an effective integration of finance management and centralized fund management,which enables a further integration of business process,fund process and finance process,at the same time reducing the manual handling work and duplicated work.This reform takes the enterprise one step further to the convergence(“three-in-one”)of the logistics flow,the information flow and the fund flow.