Application Research On Financial Shared Services Of X Group

Nowadays, many small and medium-sized enterprise in our country expands unceasingly. Many group restructuring, mergers and acquisitions.The group’s branches is growing. Traditional financial management mode of diversification has not adapt to the strategic development. In the era of big data, With the development of information technology, financial Shared services model become the trend of financial development in the future. Through to change the function centralized processing business, organization, remodeling business process, construction of information platform, integrating resources, it can effectively reduce operating costs, improve efficiency, increase the value of the business value chain. Financial Shared services center is the way of changing financial management which has great significance to the change of financial function, financial Shared services model can promote the group enterprise financial intensive management, realize enterprise group strategy, strengthen risk control.Financial Shared services model is to the innovation of the enterprise financial management mode, it is a transition from decentralization to intensive.But in the operation of the financial Shared services model,inevitably, there are many risks and disadvantages that need be continuous optimizationed. This paper analyse elevator industry enterprise group, the necessity of building financial sharing center X, build, operation process, and explore the key points of financial Shared services center building. This paper analyzes the Shared service center of X group,analyze the organization structure, business process change in construction, information platform construction, etc.,probe into financial sharing center benefits in financial centralized management, improve efficiency, reduce the cost.This paper analyze the problems and risks at the same time, the improvement of the corresponding measures are put forward at the same time, in order to strengthen the financial sharing center of internal control,achieve the strategic objective of group financial sharing, really lift efficiency of strong management cost reduction. This article put X group as a case, the enterprise’s financial sharing center construction and operation to provide reference.