Research On SAP Application In Enterprise Financial Management

Recently,with the deepening of the information sharing and economic integration,the management level of enterprises gained rapid development.Meanwhile,the relevant financial management system is still evolving and improving.The enterprise has been aware of the important role of financial management and control in the entire enterprise's management and control.The traditional financial management work is generally restricted to manage the fund-raising,allocation of funds and the use of funds.As the complexity of the economic activities and relations,the traditional financial management function cannot meet the economic management needs.Financial management work needs to be linked to other aspects of business management,to design,manage,link up and coordinate to the business departments and financial department also.Through internal business integration and external resources integration,we can make an efficient and scientific financial management and control system,and save a lot of man-power,material and money for enterprise.Financial management and control is the core of an enterprise management.To choose a suitable financial management and control model is an important factor to influence the core competitiveness of enterprises.The construction of group financial management and control system is the important method to enhance the management level,strengthen the core competitiveness and speed up the development of the group enterprises.Taking an example of TW GROUP CO.,LTD,this paper focuses on the research of the construction of financial management and control system for the large state-owned group of logistics companies.Through the introduction of SAP system,the management and control of finance and business,the classification of the business,the unification of the financial accounting and the process reengineering of the typical business in order to realize the centralized financial management and control,we tailored a suitable financial management and control system for the TW GROUP CO.,LTD.Through the establishment of a unified information system platform,the group will achieve financial business integration centralized control.