Study On Benefit And Risk Of Financial Sharing Model

In today's society,the rapid economic development,globalization,and increasingly cruel market competition have prompted companies to continue to expand their scale and seize the market.However,frequent mergers,reorganizations,and expansion activities have led to a series of problems such as departmental redundancy,overlapping and overlapping work of branch offices,disunity of financial standards,lack of understanding of financial status of subsidiaries,and inability of effective resource allocation.In order to solve the real problems,enterprises began to seek transformation,in which the financial transformation is an important part.In continuous practice,companies are trying to find an intensive financial management model to help companies to carry out financial transformation.Subsequently,the financial sharing model came into being.As an innovative financial management model,the company concentrated its business functions of the same type on the unified management of the shared center,optimized business processes,built a powerful information system,and transformed organizational structure.Realize the Group's financial sharing.The financial sharing model brings benefits such as cost reduction and efficiency enhancement to enterprise risk management and control,and also brings new risks.This paper takes the financial intensive management theory,the theory of economies of scale,the theory of business process reengineering,and the theory of financial sharing services as the theoretical basis.Taking H Group as an example,it studies and analyzes the benefits and risks of the financial sharing model through H Group's financial affairs.Horizontal and vertical comparative analysis of status indicators to demonstrate that the financial sharing model has effectively accelerated the operating efficiency of enterprises,effectively reduced the cost of financial processing,enhanced the ability to manage and control corporate risks,and provided more effective support for enterprises to make strategic decisions.The benefits brought by the financial sharing model are intuitively and objectively reflected from the data analysis;in addition,research and summary of risks that may be brought about in the implementation and operation of the financial sharing model are conducted,and targeted prevention and control measures are provided to try to help enterprises.A more objective understanding of the financial sharing model will help the group companies that are implementing the financial sharing model now or in the future to better avoid and prevent risks,smoothly achieve the expectations of implementing the financial sharing model,promote the successful transformation of enterprises,and achieve sustainable development.