Research On Budget Management And Financial Shared Services Process Collaboration

Times are changing,computerization,ERP,the Internet,big data,cloud computing,artificial intelligence and other technology development,quietly changing the external environment of enterprises and enterprise management model.Businesses need to embrace changes in information technology and seek innovative ways to reduce operating costs and support business development and strategic decision making.Financial Sharing Service Center is a new type of organization management mode which is widely used by large domestic companies in recent years.Financial Sharing Service Center,relying on powerful information system,will optimize the business and financial process of the group company,which can help enterprises reduce operating costs,improve work efficiency and enhance core competitiveness.Similarly,the development of information technology provides technical guarantee for the application of budget management in the enterprise management,the status quo of China's enterprises have urgent requirements for the implementation of the budget management,the budget management of enterprise operation and management,control and evaluation and other aspects play an important guarantee for the enterprise stable operation and development in its orbit.In this paper,after the introduction of the research contents of domestic and foreign literature and basic theory related to the specific analysis of the financial shared service process and budget management process.Putting forward the feasibility of sharing budget management and financial services process collaboration integration based on the promotion of budget management effect.The proposal of this paper is through the sharing of information technology services in the improvement of the budget management work the efficiency and effectiveness of the use of financial.Not all budget functions into financial shared services system,Financial Shared Service Center to provide protection only for the implementation and control of budget,the rational allocation of budget index in sharing service flow,enhance internal control system.At the same time,Financial Shared Service Center in the final will be recorded as well as the integration of data transfer can feedback to the department budget management,budget preparation,analysis,adjustment and evaluation to provide more reliable data support.In this paper,the domestic famous enterprises as an example,combining the theory and the status of group company,completing the sharing part function into the integrated service of typical process of budget management and financial enterprise group.It will determine the budget implementation and control functions and financial shared services part of the integration process,thus greatly improve work efficiency,creating more value for the enterpris.