Research On Financial Shared Service Of Sinopec Group

Shared Service of Finance and Accouting is a new Financial management model.Early implementation of the financial sharing of confirmed the benefits of sharing for the enterprise.In the era of big data,The application of modern information technology in business management has been more and more important.Network technology,electronic technology play a more and more powerful role on financial work.Shared Service of Finance and Accouting makes full use of information technology,pay attention to the organizational structure adjustment and process management,help enterprise integrate finance,business and strategy.In order to comply with the national financial information policy in the "Internet +" era,and to meet demand of cost reduction and strengthen on "L-type development" stage,Enterprises gradually turn their attention Shared Service of Finance and Accouting,helping Financial Accounting to Management Accounting,realizing the transition from financial accounting to management accounting.Sinopec Group as an example to study.First of all,to explain the reasons for the implementation of FSSC,showing the purpose and significance of this article.Secondly,it analyzes the characteristics and theoretical basis of FSSC.Then,analyze the situation of Sinopec FSSC and the company's previous situation.There are close relationship between the four key factors of FSSC system: strategic and organization management are closely integrated,organizational management takes process management as the core,Information technology to provide support platform.Finally,analyze the effect of FSSC and make recommendations based on the problem.The author hopes that through this rearch of financial sharing system that can provide reliable reference for the domestic large enterprises.And at the same time,let us wait for a new era comes.