The Research On Influencing Factor Of Financial Shared Services' Value In Business Group

In the modern society with rapid economic development,the pace of enterprises' internationalization continues to accelerate,causing the unstopable establishment of branches in various regions and the growing competition among various enterprises.Meanwhile,companies are also faced with increasing problems,such as mounting costs,risks of management,financial risks,which,to some degree,hinder the future development of enterprise groups.Faced with these problems,some companies pay more attention to the cultivation of core competence.vigorously promoting the financial restructuring and integrating the business support services by the use of information systems.Those companies have achieved the standardization,centralization and flow of operation of service,besides,the introduction of market competition mechanism has formed shared services model,which has been widely used in domestic and foreign business groups.Firstly,this paper reviewed a large number of relevant literature to summarize the related concepts of financial shared services model.Second,after reviewing the literature of the key factors of Financial Shared Services Value,this paper analysized and elaborated the impact of a customer value,information systems,personnel management,performance appraisal on the shared service value of financial based on the perspective of core competence respectively.Afterwards,having staff from the companies that have implemented financial shared services as the subjects to collect data through questionnaires.The auther used multiple regression analysis to verify the relationship among customer value,information systems,personnel management,performance assessment and financial shared service one by one,and reached the conclusion that there is a positive correlation between customer value,information systems,personnel management,performance appraisal and the value of financial shared services.Finally,the key issues that should be noticed when implementing the financial shared services were proposed to allow practitioners focus on key matters,clarify the relationship and thoughts,so as to better predict the future development trend of financial shared services model.