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Financial Shared Services Model Research And Practice

Posted on:2016-02-29Degree:MasterType:Thesis
Country:ChinaCandidate:Y LiuFull Text:PDF
GTID:2309330467979652Subject:(professional degree in business administration)
Abstract/Summary:PDF Full Text Request
With the rapid development of global economy, more and more multinational group especially a group of the world’s top500multinational corporations lead to the highly expansion in the world. However, with the rapid expansion in the scale of companies, increasing product diversification, internationalization and a series of problems caused the expansion of the group operating costs, management efficiency continuously reduce so that many multinational companies want to find a new management mode to solve this problem. Through the practice of many years, financial shared services model has been recognized as a kind of new management mode which is the most effective, economical solutions for these problems.In China, ADM is in the development period of highly expansion through investment, acquisition and merger. In the meanwhile, ADM is restricted during the development of the group because of rapid increase of group operating costs and inefficiency operation. In order to further development in the China, ADM plans to transfer its financial management mode of the original traditional to new financial shared service management mode.Based on the research of principle share services and financial share services and combined with ADM development and management in China. I analyses the necessity and feasibility of establish financial shared services center in China especially focusing on the process of formation of ADM evaluation Financial Shared Services Center and its implementation, and points out the positive significance of this the change of management mode of ADM group.
Keywords/Search Tags:Shared services, Financial Shared Services Center, Process, MultinationalCompanies
PDF Full Text Request
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