The Application Of Erp In Daqing Oil Field Financial Research

Enterprise Resource Planning (ERP) is a management platform which is built on top of theinformation technology infrastructure and plays an irreplaceable role in the effective integrationof various resources and improving management efficiency and business benefits. With therapid development of information technology and economic globalization, oil companies arefaced the increasingly fierce competition, their internal management are more and morecomplex. It’s very difficult to achieve a modern scientific management if they don’t rely onmodern technology. As one of the core of enterprise management, financial managementinvolves a variety of tangible and intangible resources of companies. These resourcesarrangement is reasonable is the key to the entire resource management, for it is directly relatedto the enterprise fund smooth movement, the expectations of stakeholders and the enterpriseshort-term and long-term interests. Therefore, in the ERP system, financial managementsubsystem is a very important part.The paper first analyzes the process and the development status of financial informationtechnology in the oil industry’s, to reveal the financial advantage of the ERP system in the oilindustry applications; then it discusses the need for China National Petroleum Corporationsubsidiary---Daqing Oilfield Co., Ltd. introduced ERP financial system and implementationcapacity; thirdly, the article analyzes the Daqing Oilfield financial management ERP applicationsystem problem, such as: docking problems lie in information tools and existing informationsystems, the implementation of ERP financial system conflict with the existing financialmanagement system, oilfield management infrastructure work backward, etc., it puts forwardsolutions such as making a plan and program to integrate the old financial system with the newone, adopting "in charge" of engineering and project management system, carrying out thefinancial management system innovation and strengthen the financial management foundationwork, etc. At last, the paper shows the operational processes of the eight modules of ERPfinancial system Daqing Oilfield is complementing (ie, financial costs, project management,materials management, equipment management, sales and distribution, production planning,infrastructure projects, customers and suppliers of business) for similar enterprises or enterpriseto refer to.