| With the further development of the trend of economic globalization,multinational enterprises and group companies are expanding in the world and their branches are all over the world.Whether these branches can operate efficiently has become the focus of enterprises.Financial sharing service originated in the 1980 s.It is a new financial management model.It relies on the network information technology,realizes the internal repeated integration and decentralization of financial business processes through process restructuring,reduces costs and improves efficiency.Qingdao haier relatively early to establish financial sharing service model and development is good.The home appliance industry has the characteristics of high homogeneity and fast product updating.In order to grab more market share,Qingdao haier decided to introduce the financial sharing mode.Qingdao haier began to implement the financial sharing service in 2007,and the financial sharing center was set up.By 2011,the financial sharing center was initially built,through which financial work and sharing could be combined to achieve the transformation of financial work.By 2013,Qingdao haier’s financial sharing service has been established and improved,and the large-scale operation has begun.According to the characteristics of the enterprise,it caters to the strategic transformation of the enterprise,improves the quality of financial process,realizes the rapid flow of capital and the real-time sharing of information,and improves the efficiency of working capital management obviously.This paper takes Qingdao haier as the case study object and divides Qingdao haier’s financial sharing into three stages,namely the initial stage(2007-2010),the development stage(2011-2012)and the mature stage(2013-present).This paper analyzes the working capital management performance of Qingdao haier in three stages of financial sharing mode from three perspectives of structure,channel and elements.The first part briefly introduces the research background,significance and related literature.The second part briefly introduces the theories and concepts involved in the paper.The third part is about the basic situation of Qingdao haier company,the necessity of financial sharing,and the division of the initial,development and maturity stages of financial sharing.The fourth part makes a horizontal and vertical comparative analysis of haier’s operation management mode and performance in the three stages of financial sharing mode.The fifth part of the financial sharing under the current working capital management is still perfect the corresponding countermeasures and inspiration to other companies.The seventh part is the summary of this paper and the shortcomings of the research.This paper focuses on the working capital performance of Qingdao sea financial Shared service model in the initial stage,development stage and maturity stage,and dynamically shows the different performance of the working capital management model and performance of Qingdao haier in different stages of implementing the financial Shared service model.Through the analysis,it is concluded that the implementation of financial sharing service mode can improve the performance of working capital management,and because the development progress and emphasis of financial sharing mode are different in each stage of the implementation of financial sharing mode,the improvement effect of working capital management performance is also different.Finally,it is hoped that this paper can shed some light on the working capital management of Chinese enterprises and provide some references for the financial reform of other enterprises. |
