Research On Financial Sharing Services Of Enterprise Groups

Since the American Ford Group established the world's first financial sharing center in the early 1980s,financial sharing services have experienced more than 30 years of development.During this period,many scholars and several generations of financial people continuously explored the innovative changes in the financial management model.Financial sharing has made significant progress both theoretically and practically.Moreover,the implementation of financial sharing services has become a financial issue for group companies.An important way to manage change,in China,ZTE Corporation,Ping An Group,and China Mobile have joined the ranks of financial sharing services.Sharing services improves efficiency,reduces costs,and creates superior value that makes entrepreneurs aware.It has reached its potential for development and therefore has great significance for the study of financial sharing services.This paper consists of six parts:The first part introduces the research background,significance,research status at home and abroad,and the content of this paper,the research methods adopted,innovation and deficiencies;the second part mainly introduces the related financial services.Theory,including the concept of shared services,the connotation and tasks of financial sharing,elaborated on the three theoretical foundations of financial sharing:the principle of specialization,the theory of process reengineering,and the theory of economies of scale.The third part introduces the case selected by this article-the overview of Y Group's implementation of financial sharing.Taking the management profile of Y Group as a starting point,it analyzes the conditions for the implementation of financial sharing services,and then introduces Y from strategic positioning,process design,and information systems.Group's financial sharing services,and summarizing the implementation of its financial sharing.The fourth part is the analysis and research of the problems encountered by Y Group in the process of implementing financial sharing services.The fifth part is to address the problems and propose optimization suggestions.The sixth part is the conclusions and inspirations of the study and the future The research of financial sharing service put forward the research prospect.This paper takes Y Group as a case study and discusses its construction process of financial sharing services.It discusses the practical effects of the implementation of financial sharing services on large-scale groups and finds that financial sharing can not only help the Group to unify financial work standards,but also to carry out large-scale operations.The Group's headquarters has improved the management and control of various branches,improved the real-time transmission of financial data,achieved a change in the financial management model,and reduced the risk of financial operations.This paper also summarizes the problems encountered by Y Group in the implementation of financial sharing,and puts forward optimization proposals for it,with a view to providing reference suggestions for large-scale domestic groups to implement financial sharing services.