On The Application Of Erp In China's Enterprise Financial Management

With the development of information technology, ERP plays a more and more important role in business management. The application of ERP realizes a scientific and effective management, provides objective data for policy-making, and optimizes the management mode. ERP changes financial management thoroughly. It builds up one management platform, where finance department and other departments can share the resources in and out of the enterprises. By sophisticated storage management, budget management and cost management, the enterprises can get more profits with lower cost and furthermore allot the resources more reasonably. However, due to poor business management in many domestic enterprises, the application of ERP faces up with great obstacles.The paper compares the application of ERP in the enterprises home and abroad, focusing on financial management in domestic business. By contemplating on the application of ERP in domestic enterprises and studying the relevant material and data, the writer elaborates how the company she works in improves the efficiency of financial management by applying ERP. In addition, by using case study and statistic analysis the writer summarizes the common problems in carrying out ERP in domestic business and explores how to achieve financial informationization, hoping to offer valuable suggestions to the executive faculty.