The Research Of Comprehensive Budget Management In A Group Co.,Ltd

The comprehensive budget management is an very important method which can improve its internal management level, complete the internal control and enhance the overall management level. As China economy is rapidly developing in recent years, it appears many massive enterprise groups who have strong core-competitive abilities; Hence, how to improve the ability of control, to update the internal management level and to promote the business performance have already become the same pursuit to these enterprises, all kinds of scientific managing tools are also be used. The comprehensive budget management who plays major role in securing strategic performance, combining internal resources and improving management level, is also be accepted and studied by more and more Chinese enterprises and groups. It proposed and popularized by western developed countries, but refining and expanding by us.When A group Co., Ltd was established, it was facing series of troubles such as large management radius, no effective management tools, no objective KPI measurements, no distinct management system and no efficient business performance, so the A group Co., Ltd introduced a comprehensive budget management system to solve all the problems, and it achieved good results. This essay analyzed clearly the process of how the A group Co., Ltd.’s process pursuing the comprehensive budget management by introducing its content such as the position, the structure, the establishment and the monitoring of comprehensive budget management, and it also introduced the achievement of pursuing this method that A group Co., Ltd obtains. Based on the comprehensive budget management analyzing situation of A group Co., Ltd, this essay also organized the experience and advantages and discovered shortage and weaknesses, and dig up the problems who A group Co., Ltd, still has, such as lack knowledgeable of the method functions, low efficient ERP system, single KPI system, dysfunctional budget adjustment and defective evaluation system; meanwhile, it gives advancing suggestions such as to improve the coordination of business and finance, to update the info-management of overall business chain, to set multi-angle KPI by introducing the balance scorecard(BSC) system, to optimize the budget adjustment and to exert the functions of internal audit. In the end, according to analyze and conclude of the A group Co., Ltd.’s comprehensive budget management method, it explains that the A group Co., Ltd.’s method is now reasonable, and it benefits the business performance and internal management completion. Hopefully, this essay will lead our national enterprises and groups to find a suitable and efficient managing tool by giving the A group Co., Ltd.’s example.