Study On Financial Management Model With ERP In Company A

To those companies who plan to carry out ERP (Enterprise Resource Planning) project, a ERP solution can achieve integrated management to production, purchasing, selling and financing activities with advanced information and technique method, to meet the target of standardizing enterprise work process. Finance Management under ERP circumstances realizes deep congruity with other functions. ERP can support on enterprise's strategic decision and other functions. After ERP going lives, the Finance Management mode changes to managing work flow value chain and realizes the high effective integration among cash flow, logistic, and information flow.Firstly the article makes a general review and discussion to company finance management theory, EPR managing thought and development, and finance management mode transform under ERP circumstances; Secondly the article studies the current finance managing mode including long-term and short term asset, accounting, finance analysis and plan in A Company using case study method, expatiates on finance managing idea, method and process for traditional manual and simple electronic accounting, deeply analyzes finance managing functions, and indicates the issues and shortages. Thirdly, based on ERP thinking and real situation of A Company, the article studies the possibility and necessity to implement ERP system, how to re-engineer each financial managing function under ERP system, including process re-engineer design, method procedure and implementation etc. Last but not least, the article sums up ERP system's implementation program, influence to finance managing work, as well as some limitation and future development directions.