Research On Building Financial Shared Service Mode Of H Group Corporation

In the tide of economic globalization and the development of information technology,in our country,the market entity are increasing,the scale of business is expanding,the degree of market is improving,and the competition is also becoming more and more fierce.In order to cope with the challenges,many enterprises adopt diversified development strategy and group business model,in order to diversify business risk and industrial layout,and more enterprises to participate in international division of labor.So how to reduce the operating costs,improve the internal management efficiency and enhance the core value have become an urgent problems in the fierce market competition.H grope,as a large scale diversification of company,which is also facing the same problem.Under the above background,Financial Sharing Services came into being.It is not only the innovation of financial management mode,but also an intensification of the scope of financial management.Essentially,with the help of network technology,it can achieve standardization and simplification of financial process by effectively integrating personnel,technology and process.The application of this model can effectively reduce the cost of H enterprise's financial operation,increase the efficiency of business process and control ability.At the same time,it can make more financial staff devote themselves into decision-making,which may further promote the development and strategic expansion of H group.In this paper,with the method of comparative analysis,case analysis,through the system combing literature both at domestic and abroad,expounding the concept,characteristics and relevant theoretical basis of financial shared services model.Then introduces its advantage and development situation in China.Next introduce the case of H group,illustrate the current situation and development of financial management model,find out the existing problems of H group's and analyze the causes of it.Finally,describes the implementation of the H group shared service model and puts forward the corresponding safeguard measures.Meanwhile,it also provides some guidance and reference for other domestic group companies which ready to transform the current financial management model.