Application Research On Financial Shared Services In CITS

With the development of economic globalization,corporate group-type organizational structure has gradually become the mainstream trend in the transformation of large-scale enterprise organizational structure.Enterprise group organization scale expands unceasingly,rising operating costs,low efficiency of business processing more and more serious,bloated organization structure of enterprise flexibility,response to the changing market has slowed.Based on this situation,business groups urgently need to innovate in business methods and management methods.Today's world has entered the “Internet +” era.Cloud computing,big data and other modern information technologies have a major impact on accounting and financial management.Traditional accounting methods cannot solve the complex but inefficient problem of human resources.For this reason,many companies are undergoing financial management transformation,and career development of accounting personnel is also facing huge challenges.Especially for enterprise groups,financial management is the top priority of group management,and the level of financial management directly affects the realization of corporate strategic goals.The construction of a financial sharing service center can concentrate the accounting work of a subsidiary into a financial sharing center,allowing the company to focus more on business operations and promote better development of the company.China national travel company(stock code: 601888,hereinafter referred to as: CITS),as a leader in the field of tourism and duty free,molecular company and numerous stores,adopts a variety of business and financial systems,which will hinder the communication of financial data and cause problems such as low efficiency and difficult management.In order to solve the above problems,CITS began to build a financial sharing service center in 2015.The construction was completed in 2016,and all the molecular companies and stores were officially launched and successfully operated.This article takes the CITS Financial Shared Service Center as an example to develop a case study.Firstly,it introduced the background of CITS's establishment of a financial sharing center and the necessity and goal of CITS's implementation of financial sharing.Then it focused on the analysis of the process,organizational structure,and businessprocesses of CITS financial sharing service center,and the implementation of financial sharing by China's CITS.After achieving the effect and experience gained.Finally,the experience and inspiration of China national brigade construction financial sharing center is put forward.It is hoped that the tourism industry will have certain reference significance for the establishment or the establishment of a financial sharing center.Through research on China's national travel,the following conclusions have been drawn:The construction of CITS financial sharing service has its foundation and necessity.The existing industry finance system and the organizational structure of the enterprise provide the foundation for the implementation of financial sharing.The overall effect of financial sharing by CITS is good.CITS Shared financial center in online after the operation,business and financial efficiency,reduce the system operation maintenance cost and manpower cost,improves the quality of financial information and financial management level,promote the transformation of financial management.