Research On The Construction Of Financial Sharing Service Of Foxconn Technology Group

In the era of new economy in the new century,the global economic structure has evolved.Globalization has become the social norm,but there is growing trend,resulting in global resource allocation and flows,transnational corporations have sprung up like mushrooms,effective financial management and fund operation is urgently required during transnational and cross-regional business operations.Globalization has brought a series of changes in a whole world of patterns,acceleration of product life cycle and circulation of capital,at the same time,management also needs to be suitable for the present age.Standing as the key of a company's operation,a modern pattern is also required for companies' finance.The following article first describes the financial sharing services,financial sharing services model relies on modern technology and sophisticated technology,to finance related business logic and processes as the fundamental,in order to optimize the organization structure?standard business processes create value and reduce enterprise operating as for the purpose of market-oriented distributed management to provide professional services to internal and external units.Financial sharing services application in financial management,the purpose of which is to build an effective mode of operation,to address the financial management process human again and again into disadvantages and hopelessly inefficient.Therefore,the construction of financial shared service system is our top priority.Then analyzes the history and current status of Foxconn Technology Group by introducing the financial operation status of subsidiaries to group.For groups across the country,across the plant expansion,and limitations of the current situation of financial services,raised the status of existing defects and areas for improvement,and to comply with the Group's development needs and the difficulties of building a financial services group sharing system and solutions;and share them on the Group's financial services system theory,methods and implementation are introduced.Highlights group financial sharing services system business modules,and modules for analysis and planning,and work out corresponding solutions.Finally,by investigation on the adoption of Finance Sharing System by Foxconn Technology Group,a suggestion is raised with introduction of both advantages and disadvantages of Finance Sharing System in operation practices.