ZX Group's Fund Management Research Under The Financial Shared Service

Since ZTE first used note expense reimbursement system in 1999,the research and practice of Financial Sharing in Chinese enterprises has been more than 20 years.In 2013 and 2019,the Ministry of Finance issued several documents to require large enterprises to transform their financial work into informatization and digitalization,and establish a financial sharing center.How should enterprises adapt to the trend and make changes so as to meet the needs of financial share and meet complex and changeable business needs?How to get through all business processes,check and fill vacancy,how to professionally divide finances,centrally dispatch tasks,and how to deposit value data,do data analysis,decision and monitor,have become a very important task.ZX group is the world's largest manufacturer of monocrystalline silicon photovoltaic products,which was listed on the A-share main board in April 2012.The group has initially established the framework of financial sharing,but its fund management business operation and workflow are not connected to the framework of financial sharing,and the processing mode is relatively backward.Based on the research results of the theories of process reengineering and integration of industry and finance,this paper selects ZX group as the research object,with the methods of literature investigation and case analysis,and mainly explores two problems:(1)what problems exist in the fund management of ZX group before the implementation of financial sharing,and why;(2)how to optimize the original fund management of ZX group with the help of financial sharing according to its own situation Mode,implementation(or optimization)effect.By participating in the project on the spot,the author explores the methods of capital settlement on the line,using capital pool and bill pool,etc.,and makes quantitative analysis on the realized income through the methods of statistical sampling and model setting.Finally,the paper puts forward some suggestions for ZX group to further deepen financial sharing and optimize capital management business.Through summary and quantitative analysis,the paper believes that ZX group has optimized and transformed the capital system under the financial sharing mode,realized the centralized account management,online payment of monetary funds and the construction of Ping An Bank's bill pool,saved 25%of the manpower input on average every month,and increased the income of 2497657.59 yuan in the third quarter of 2019.The transformation basically meets the requirements of capital security,flow and income,and provides a feasible scheme for related enterprises to establish financial sharing and optimize capital management business.