The Design And Implementation Of The Financial Control System Of The Agricultural Bank Of China

In order to control risks in financial spending, the Shandong Branch of Agriculture Bank of China (ABC) has developed the Financial Control System (FCS). This system manages all major risk area of financial management and expenses. The administration model of FCS includes system procedures and machine rules. FCS employs methods like budget control, authentication control, and expense control per-item. With the help of the FCS system, the financial expense procedure achieves strict regulation, authenticity, integrity with low financial risk. The FCS system employs advanced design concepts and implementation technology. It was designed to work with the internal network of ABC for personnel of various levels of bank branches. The FCS system provides an application system that conforms to the industry standards.This paper adopted the ABC plantix development platform in the development and implementation of the FCS system. It completed the requirement analysis and system design using the Unified Modeling Language (UML) as the analysis and design description language. It analyzed and designed the following core subsystems:the budget management subsystem, the receivable and payable management subsystem, leasing contract management subsystem, transaction clearing early warning subsystem, and system management subsystem. The system management subsystem mainly controls the construction and management of the FCS system, including system initialization and maintenance of parameters; the budget management subsystem mainly handles the operation of budget expenses, including application, approval, and cancellation; the receivable and payable management subsystem mainly provides the input, payment and collection, approval, account inquiry, and printing of receivables and payable; the leasing contract management subsystem includes the management of leasing income and early warning of processing; the transaction clearing early warning subsystem manages the settings of early warnings, risk point setup, and handling of early warnings. This paper also describes the background of financial control system development and the current state of the art in financial control management in banking industry. The system requirement model was constructed in this paper. The analysis of system requirements and design were described in detail. This paper explains the design and implementation of the budget management subsystem and the transaction clearing early warning subsystem in greater details. It describes the work-flow configuration and the detailed design of the rule-engine. The FCS system employs Object-Oriented Design and MVC architecture in its design and implementation. It separated the representations and procedures from the underlying transaction details. Various design models were used in different design levels. The development of FCS was completed on the Plantix platform of ABC.The FCS has finished testing and will be deployed soon. The testing has shown that the system followed the design goal, performed smoothly and stably. The feedback from operators were satisfying. After its deployment, the FCS system will work together with the FMIS system. The FCS system will provide fine grained management and control to the financial expense operations of the FMIS system. In addition, the FCS system will achieves strict regulation, authenticity, and integrity in the financial spending operations. Together with the FMIS system, the FCS system will provide a complete solution to the financial clearing and management operations, and enhance the overall competitive power of ABC.