Research On The Critical Processes Optimization Of GLFD Group's Financial And Business Integration

Nowadays,enterprises are facing many problems at the same time of rapid expansion,such as the decline of centralized management and control capabilities of enterprises,and waste of resource allocation.Enterprises need to carry out reforms and innovations to strengthen their core competitiveness.With the support of information technology,financial transformation is used to support the realization of corporate strategy.Change the state of financial and business separation in the past,and integrate them in depth to realize the integration of business and finance,thus achieving the refined management of enterprises.Under such a background,this paper selects GLFD Group as a case to conduct research on key business processes under the integration of GLFD Group's business and finance.The GLFD Group is a leading company in the manufacture of auto parts in China.As the Group develops rapidly,the problems brought about by decentralized management are gradually emerging.Managers are aware of the importance of building industry finance integration.After experiencing the pilot construction phase and the centralized promotion phase,the group entered a full implementation phase.Through combing and summarizing the practice of GLFD Group's financial integration,it is found that some key processes need to be further optimized and optimized in terms of design,quality,information system,etc.,and analyze the three key businesses of expense reimbursement,accounts receivable and accounts payable.The status quo of the process implementation and the problems that arise during the implementation process,combined with the theoretical basis of process reengineering and information systems,propose corresponding countermeasures for the problems that arise and propose process optimization guarantee measures.The research in this paper is divided into five parts.The first part is the introduction.This paper introduces the research background and research significance of this paper,combines and integrates the research theories of industry and financial integration and process optimization at home and abroad,and clarifies the research content and methods of the article and the main innovations of this paper.The second part is an overview of relevant theories.It introduces the concept and theoretical basis of the integration of industry and finance,as well as the characteristics and objectives of the implementation of industrial and financial integration.The third part is the analysis of the status quo of GLFD Group's financial integration.It mainly introduces the company profile of GLFD Group.On the basis of information technology,it analyzes the application status of the financial integration in the group from the perspective of process and the results,and puts forward the existence of the key process in the implementation of GLFD Group problem.The fourth part is the key process optimization strategy for GLFD Group's financial integration.Explain the principles and procedures for key process optimization for the specific business processes of the GLFD Group,and propose specific optimization strategies and safeguards for the problems in the process.This paper hopes to provide some reference for other companies.The fifth part is the conclusion and outlook of the research.The article is summarized,and the key content and suggestions for future research are proposed.The innovation of this paper lies in the combination of the theory of integration of business and finance and the theory of process optimization.Based on the perspective of process optimization,the deficiencies in the integration model of enter:prise wealth are improved,the management and control capabilities of the group are improved,and the operational efficiency of enterprises is improved.In summary,this paper makes an in-depth analysis of the problems,proposes optimization ideas to promote the realization of business and financial integration,and has a better reference for other enterprises.