The Designation And Implementation Of F Group's Financial System Based On ERP

With the leaps and bounds development of China's market economy and deepening of reform and opening-up, in order to conform the integration of the world economy and domestic economic globalization trend, towards diversified, and regional development, companies are required to have modern enterprise management concepts and patterns to change, also as well as positive changes on the management means and tools. Therefore, through the computer technology, network technology development, the implementation of each enterprise management information system is getting more and more attention. Information system is becoming the important means of modernized enterprise management.From F group's diversity, cross regional and gradual development, we can see the financial characteristics in F Group, multi-level legal ties, various levels of diversification, organization, multi-function, trans-regional and multinational management. These financial characters decide the complexity of internal financial resources and financial management also determines the complexity of F Group's designation and implementation of the financial system based on ERP.Therefore, before the full implementation of building F Group's financial management control system, comprehensive project planning and research needs to be done to find a scheme that suits the construction of F Group's financial system, the formation of scientific management and control of the project, which ensures the success of the project.This essay goes through theoretical research, practical work, and the clear analysis of the needs, develops a project plan. Then use the project management, BPR management theory and method, combining ERP, network and computer technology. Based on financial management process analysis and recycling of F Group's subsidiary-IT Services Group to establish F Group's financial management system. Based on this trial, comprehensive mapping out, explore and summarize, extract F Group's company financial system construction scheme, methods, strategies, planning and key elements of the management control. Against the expected effect of project, implement scientific research and planning system, in order to form of project scientific management and control. In the mean time of achieving the overall financial management and effective control, make the associated business process execution in the system smoothly, thus finally achieve F Group's sub-groups and a number of subsidiaries can efficiently operated in a unified and advanced financial management platform.This paper firstly analyze from the development characteristic of F Group's, F Group's financial management information system, and analyze the status quo of the financial characteristics is group F, multi-level legal ties, various levels of diversification, organization, multi-function, trans-regional and multinational management. These financial characteristics decide the complexity of internal financial resources, also determines the complexity of financial management group. In addition, explains different degrees of use and promotion of F Group subsidiary companies, financial management skills are also identical, as well as it is difficult to have a unified financial management control for F Group subsidiary company, etc. The proposed project background and the problems they faced, and analyze, summarize and extract the key requirement of financial system construction project: build a unity platform for group financial management and control, form a robust and efficient financial accounting system; Meet the multi-dimensional financial accounting requirements; Meet the financial management and control needs of multi-organizational group, Adaptive organizational structure and management mode of gradual change.The second chapter, based on the summary of function and technical characteristics of ERP system, financial management subsystem functions is introduced. Summarized in detail based on the five key characteristics of ERP financial system and significance of financial management in the group, advanced financial business integration management mode makes the financial control effectively outspread to the business marketing, timely access to information; The design of finance+business+ external affairs and enterprise information system architecture development process are matched, system construction may start from financial and business system combined with the core gradually expand; The integrative management system is focused in the field of management; In the field of financial business, integration of data and business process are high, integration of non-real cash flow type of transactions are low, reflected in limitations of diverse enterprise applications; System module can be implemented in phases, the function of the module can be applied in phases as well, enhance the needs of management level progressive; System controls authority and level of stratification, matches the business control demand. Multi-organization structure, dynamic combination design, provides effective technology foundation to achieve efficient financial accounting in diversified firms.Against the mentioned significance of the financial management, according to the characteristics of F Group development, F Group financial management and control's main requirement, design a implementation scheme based on ERP financial system program for F Group:follow the ERP system architecture planning, and gradually application system, finance first then business, core first then outer, according to the integrated finance and business'management mode and technique, and through the third party integration or local personalized development way, avoid the limitations of diversified management in ERP system, utilizing the data in ERP system and process integration advantage, financial systems and related around the core business module, according to different enterprises have strategy, stages, step-by-step together within the scope of subsidiaries. During implementation process, setting, control and applications of multi organizational structure and dynamic course structure need to be fully grasped, so as to establish a highly efficient, flexible and variable financial control platform.The third chapter, IT Services Group is a newly established sub-Group of F Group, the company located in China and Japan, China has four legal entities that located in six offices. There are two institutions in Japan. Business is spreading from purely development services into the integrated project development and project development of composite business model, therefore, the typical Mini characteristics group becomes into a trial of F Financial Group ERP System based on pilot. Through the use of project management methodology, process reengineering methodology, IT services group is building the financial system, while closely related with the financial analysis of recycling processes:According to the management of material and statement, re-divide the financial, operational and business responsibilities, add new project contracts administrator, and store manager positions etc. Adjustments are made for the Finance Department staff, changing the project as the unit's compound division into a newly system based on project, so everyone works simple, which made it easy to achieve professional result; in Operating Department, IT services becomes to a shared procurement service platform within the group. Financial staffs escaped from a lot of accounting work, financial analysis and financial management of the deepening of the work are getting possible. The implementation of the project plan has been fully verified in this sub-group.In the fourth chapter, a pilot project as the starting point, through analysis and discussion of theory with practice, extract and summaried succss factors of financial management and control system within F group, Clear the objective relationship between Group and subordinate companies Financial System, two complements help each other as well as mutual differences; Carefully analysis research business, differentiate the simultaneous implementation of core elements or docking, Core business is a guarantee of accurate control module and promote control module; personnel quality of Project team is an important guarantee of the level of implementation of the implementation team and key users of the service quality system; F Group and affiliated groups, the relevant leaders at all levels of the attention is an important guarantee overcome difficulties. The group set up by the system to achieve a unified financial management and control purposes:A system, a set of subjects and courses section of the value of the table structure, subject set the unified management of multi-language description of a subject. Excluding inter-company transactions to achieve the fare increase, the sub-group inter-company accounting and pre-project actual comparison. Also enhanced at the same time, expressions as the following:Cut from the integration project to help establish an integrated financial and operational accounting and operational control system; starting from the product categories to help finance the multi-dimensional accounting of its business and lay the foundation for the future in-depth management; Assist in financial and operational planning to establish a product concept and system; Project from the project and share control methods and establish a unified budget for the unity of the whole group project management and control mechanisms.In summary, this report starts from F group financial management and control requirements and ERP financial management system based on the advantage of the characteristics to find out the anatomizes of two affairs. Summarized and identified the implementation of programs. And under the guidance of this program, the use of project management and IT process reengineering methodology in the subordinate group pilot applications, through the pilot application analysis, application theory, practice summary used to study the application program to determine the project, means, strategies, scope, Construction of the system summarized the key points and success factors. Meanwhile, compared and analyzed the problems after putting in practice, clarify the application of the system construction and system controls are the system's two major elements, to achieve the project's scientific management and pre-control, to ensure the success of the project design and implementation.