Research On Financial Shared Services Of Multinational Enterprise

With the sustainable development of the economic globalization, as a market leader, the pressure of the competition which the multinational companies face is also increasing. To hit the market competition, multinational corporations are expanding their scale to realize the strategic transformation. But this transformation leads to the increasing of the cost,and also leads to the more difficult to financial management. The multinational companies can enhance their competitiveness by increasing the scale, but also face a lot of operating risk. So a lot of multinational enterprises choose the financial Shared services——the new financial management mode to avoid the operation risk. Financial Shared Services is the transformation of traditional financial management. Different from the original mode of financial management, Financial Shared services can implement transnational type financial management of large enterprise groups, and the entire enterprise financial business can be focused on a unified management platform. It can’t only reduce the cost efficiency, but also help the company to centralized management of the multinational companies to implement the enterprise strategic transformation. Financial Shared services is established on the basis of network platform to realize the whole enterprise group financial business.It is also a product from the development of information.More and more multinational enterprises realize the advantage of this new financial management mode, Financial Shared services is the trend of the times.This article uses the way of combining the theory and example, through the analysis of D company which is a multinational company to carry out the study of Financial Shared services of the multinational companies.At first, this article starts from the basic theory of Financial Shared services of the multinational companies, introduces the theories of the multinational enterprises and Financial Shared services. And then expounds the Financial Shared services of the multinational companies in our country’s present situation. On the basis of the analysis of its situation of development, this article summarizes the shortcomings of Financial Shared services. And then in view of the defects on the theoretical analysis in the courtyard, combining with the running situation of Financial Shared services of the D company in China, this article analysis the solution of the working disadvantages of Financial Shared services.And this article puts forward some Suggestions to Financial Shared services of multinational enterprises and gives the improvement measures.