Studies Of ERP System In The Financial Managementt Of Luoyang Fower Supplx Company

With the economy’s development, enhancing management has become a key method which can improve the competitiveness of enterprises. After WTO, the domestic enterprise management needs more standardization and modernization, and much enterprise’s original management system has been difficult to adapt to the new economic era of rapid development. Because the fierce competition, the monopoly mechanism of electric power industry was gradually broken, and the pressure enhances unceasingly in order to meet the customers’ demand. The problem to be solved is how to success in the fast changing competitive environment. Management Information System (MIS) becomes the focus and its core is ERP. As a modern management ways and means, ERP has imported many advanced management concept. It can capture the latest market change information to improve the enterprise market response sensitivity, and it will establish a uniform platform, the integration of the business process optimization which will make the business more Standard and scientific. The establish of the ERP is the key of MIS, and it will become the goal of the development of modern management.Based on the ERP, Project management theory and financial management theory, this article analyzes the ERP system in Luoyang Power Supply Company in the financial management specific implementation process from the project time management, cost management and quality management. It also introduced the general ledger accounts receivable meet module fixed assets module and budget the composition and function of the module and expounds the importance of the Data conversion and simulation on-line. At the end, this paper has summed up project implementation the critical success factors and the problems in the process of implementation, and puts forward the specific measures to solve proved, by implementing ERP, luoyang power supply company has altered the old financial management mode, set up a more suitable for modern enterprise competition need financial management system to promote the rationalization of the main traffic flows and standardized, strengthening the financial control efficiency, improve economic efficiency, whether to company or social competition ability, has a positive realistic significance.