M Power Company's ERP-based Financial Process Improvement Study

Recently, the informatization of enterprise has been getting more and more attention and recognition. As an important pillar of the national economy, State Grid Corporation plays an important role in national economic development. With the reform and market competition intensifies, there comes the problem "How to improve the enterprise's internal management and the core competitiveness", which is urgently to be solved. As an advanced management tool, ERP system can provide a new platform for many power enterprises. It is a system of information technology and advanced management ideas. By integrating and optimizing the enterprise's resources, ERP can help the enterprise realize the accurate production, accelerate the capital turnover, reduce costs and improve the management efficiency. The effective implementation of the ERP system will promote the reform of financial management ideas and methods, promote the financial operation mode revolution in electric power enterprises, maximize the creation of social wealth and become the basis of the survival and development of the electric power enterprise in information age.First, the essay introduces the background and significance of ERP financial management research, research status, then it introduces the ERP's theories and financial management theory, a comprehensive analysis of the power of ERP financial management features and enhance the role of financial management level, points out the necessity of electric power enterprises implement ERP system. At the same time analyzing the present situation and problems of financial management process based on the current budget management, accounting management, capital management, and other aspects the problems existing in the study, points out the existing problems. Finally, combined again M Power enterprises ERP financial management process implementation, research and corporate financial management process reengineering related improvement proposal, explained the benefits and necessity in the whole process of financial management through the ERP system, we want to raise the overall level of electric power enterprise financial management to provide a reference and reference.