Adidas Financial Sharing Center Process Reengineering

At present,with the development of the economy,the international companies play the main role in the world to develop the economy,the international companies became the main and activity part,compared with the traditional enterprises,capitalist companies dominated all over the world,However,at the same time,the international companies have realized that the internal management policy and organization structure are the key point,under the market competition challenge and cost pressure,every company has to build their own organization structure and policy to effectively and efficiently manage their subsidiary corporations and branch companies all over the world,but how can gain the completive advantage and keep profit in the world,it is still a hot topic has been mentioned by CEO and government officials.The Finance department will provide the Finance report and Finance date analyze to help the high-level managers to make strategy,thus the Finance share service center is the most popular Finance structure nowadays.As the new Finance manage method,the company can collect all the finance data efficiently and exactly from share service center.The share service center represents the centralized finance management method has been operated,through the simple method and standardization processes to control all the subsidiary companies,finally,the purpose is to deduct the company cost.Adidas AG is the Sport international company,catering the development of the Global situation and re-organized the finance structure and control the cost,set up the five successfully share-service center all over the world.The Adidas(Dalian)financial shared service center established in Dalian in January1 st 2012,the business partner is in the Asia-pacific region,including China,Hong Kong,Japan and South Korea,etc.,provided the Finance service and language support to the other business companies.The Adidas Financial shared service center is included AP team,T&E team,AR team and GL team to support another Asia business corporation,collect and analyze data to Adidas AG.How can you make a systematic and centralized management of group financial shared center? Good financial support and outsourcing organization operation can realize enterprise and social win-win strategy make the enterprise further financial cost control,centralized financial management,financial process standardization and transparency of the financial data,financial operation and programming.After 3 years of the start of the period,growth period,slowly to the mature and stable,but in such a fierce competitive environment,Financial sharing center is faced the development of resistance,the development strategy of how to perfect the financial center,formulate perfect process.In this paper,the writer will introduce the financial shared service center background,purpose and meaning for the Adidas sharing center to analyze the advantage and disadvantage and improve the finance processes.The Financial Shared service center will centralize management;standardize process and efficiency of operations to cost reduction.Secondly,to introduce the operation of AP team,T&E team,AR team and GL team and innovate the operation to standardize the process.At the last,the writer has confidence with this new financial management operation and look forward to the future.