The Study On The Postal Enterprise Financial Management Process Reengineering Based On The Value Chain Theory

As one of the basic industries of the national economy, the postal enterprise is a state-owned enterprise whose main business is delivering the actual goods and serving the public. With the separation of the government and enterprise, the postal enterprises are facing an increasingly fierce competition. In order to seek a long-term competitive advantage which is difficult to imitate, they began to take a look at the core elements, such as operating mechanism, business process and the structure of organization. The appearance of the "value chain management" theory undoubtedly made the eyes of the managers bright. The value chain management thinking not only can help the postal enterprises to optimize the integration of the internal aspects with the aim of looking for a competitive advantage, but also can expand the enterprise epitaxial. As part of the postal enterprise’s business processes, financial management process is an important factor in building their core competitiveness. The use of the value chain theory which enables us to make thorough, multi-angle and multi-level study into it can help postal enterprise to accelerate its financial processes. Consequently, the enterprise made itself better adopt to the fierce market competition.The article theoretically analyzes the nature and characteristics of the value chain theory. This will contribute to laying the theoretical foundation for the postal enterprise to rebuild its financial management processes. At the same time, it will update the old financial process from three factors including financial concept, financial information processing and financial organization by means of the knowledge and methods of Management, Accounting, Fuzzy Mathematics and other disciplines, such as the Value Chain Management theory and the BPR theory.After its reorganization, the financial management process firstly establishes a new financial outlook based on customer satisfaction and value creation; secondly it accomplishes the system collection method of financial data, event-driven method, financial information output way of real-time reporting in the financial information processes as far as the financial information processing concerned;thirdly it establishes a two—dimensional structure of process and function in financial organization. At last, it analyzed, reconstruct and evaluated the financial management processes of the Postal Company of Shandong Province. All above will offer a significant theoretical guidance and practical reference to the postal enterprises, and lay a solid foundation for the implementation of the financial management information for postal enterprises.