Research On Enterprise Financial Outsourcing And Its Risk Prevention

Financial outsourcing is very popular in foreign countries,but in China,many domestic outsourcing companies are still in the growth stage due to the lack of maturity of domestic outsourcing companies and the lack of relevant legal system.Many large enterprises are usually unwilling to undertake financial outsourcing because of the confidentiality of internal information.In China,small and medium-sized enterprises often choose financial outsourcing.Therefore,through an enterprise of moderate scale in China,we deeply analyze the existing difficulties faced by the company and put forward the corresponding ideas and implementation modes of financial outsourcing,so as to conduct in-depth study of financial outsourcing.The conclusions of this paper can provide Suggestions and opinions for the financial management and outsourcing programs of enterprises that choose financial outsourcing in the future.This paper will put the theory into practice,hoping to provide new ideas and ideas for more small and medium-sized enterprises or even large foreign enterprises that choose financial outsourcing in the future,and study the process of carrying out outsourcing services,its existing risks and solutions.It is hoped that the study in this paper can provide some Suggestions for Chinese enterprises on how to choose financial outsourcing and how to identify and control related risks in the future,and play a certain reference role for improving the management level and risk control ability of enterprises.By analyzing the process of financial outsourcing,finance outsourcing risks and the results after financial outsourcing,we found that by selecting the appropriate and effective risk control management of outsourcing service providers,financial outsourcing can effectively save the enterprise the management cost,effectively improve the work efficiency of the finance department of the enterprise,and can bring economic benefits for enterprises.Based on the case study,this paper takes the Chinese subsidiary of a foreignfunded enterprise specializing in agricultural machinery manufacturing as a case to analyze the outsourcing process and subsequent risk control management.Based on principal-agent theory,core competition theory,life cycle theory and transaction cost theory,this paper analyzes the management status of DE company and the motivation of financial outsourcing,and analyzes the decision-making factors of financial outsourcing of DE company.Analyze DE company's choice of outsourcer,choice of financial outsourcing scope,communication strategy of financial outsourcing stakeholders and so on.According to the current business characteristics and development status of the company,this paper analyzes the problems and current situation of the company in financial management,and proposes the corresponding financial outsourcing strategies and plans to solve the company's financial management problems.At the same time,the corresponding risk control system is established,and the risks existing in DE financial outsourcing and relevant risk protection measures are discussed.By analyzing the process of financial outsourcing,finance outsourcing risks and the results after financial outsourcing,we found that by selecting the appropriate and effective risk control management of outsourcing service providers,financial outsourcing can effectively save the enterprise the management cost,effectively improve the work efficiency of the finance department of the enterprise,reduce the management burden of management,and through the outsourcer professional service can bring a lot of economic benefits for the enterprise.