Research On The Application Of SAP In Enterprise Financial Management

With the development of the economy,the process of economic and information integration has gradually deepened.The management level of each company to the company has gradually deepened,and the first is the improvement of the economic management system.As a basic guarantee for the operation of a company,finance controls the flow of funds of the company and the integration of internal and external resources.The continuous development of the financial system is no longer limited to the basic accounting forms of financing,approval,distribution,etc.of regular flow funds.More financial departments need to communicate with other relevant departments to achieve information sharing.In order to achieve the goal of saving material resources,manpower and financial resources.With the acceleration of economic growth,economic activities,diversification of economic models,and information sharing are imperative,and an efficient and scientific financial management system is constantly being established.Continuous improvement of the accounting system aims to improve the core competitiveness of enterprises and avoid significant losses caused by mistakes in the financial system.This article will discuss in detail the use of the correct method to achieve financial and other departments to share information,the integration of financial management of other departments,to avoid the hidden dangers of intermediate links.The following is an analysis of the financial management of a large state-owned group company,H Group.According to the characteristics of H Group,a financial management system with company characteristics was developed to realize the integration of information sharing and finance.Through the adoption of the new SAP system,H Company realized the diversion management of the business,the verification management of the budget,the early warning of the flow of funds,and the integration of business and finance.