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Evaluation On The Implementation Effect Of Sichuan Changhong's Financial Sharing Service

Posted on:2020-04-20Degree:MasterType:Thesis
Country:ChinaCandidate:J J LiFull Text:PDF
GTID:2439330578959878Subject:Accounting
Abstract/Summary:PDF Full Text Request
At the same time as the social economy continues to develop,the scale of China's enterprise groups is increasing,prompting them to set up branches throughout the country.However,with the gradual increase of corporate branches,financial management has new features across regions and industries.The financial management model used before can no longer meet the actual needs of the current financial management of enterprise groups,and financial transformation has become an inevitable trend.The financial sharing service center emerged in this context.It uses the process reengineering theory to concentrate the financial services that are highly repetitive and easy to standardize in different regions in the sharing center,and centrally and uniformly process them to form An operation and management unit that aims to reduce the operating costs of enterprises,improve operational efficiency,and promote financial transformation of the group companies.After the implementation of financial sharing,it is necessary to evaluate the effect of the implementation through a certain method to see whether the financial sharing has a positive impact on the enterprise and what influences it can be made in order to optimize and improve it.The process,organizational structure and information system are more perfect and better adapted and serve the development of the group.What kind of experience can be provided for financial sharing for other companies.The Financial Shared Service Center is constantly evolving in the process of evaluation and optimization.Taking Sichuan Changhong Group as an example,this paper evaluates the implementation status of its financial shared service center through the index analysis method,aiming to provide theoretical support and factual basis for its subsequent optimization.This paper firstly uses the literature research method to study a large number of relevant literatures,and elaborates on the relevant basic theories,laying a good foundation for the writing of the article.Then it introduces the general situation of Sichuan Changhong Financial Shared Service Center and the motivation and construction model of financial sharing,organizational structure,internal process,and the implementation goal of financial sharing service,and then selects 15 years of data to analyze financial sharing services vertically.Before and after the implementation,the impact on the cost efficiency,financial efficiency,and financial risk of the company,andselected Qingdao Haier and Sichuan Changhong for horizontal comparison analysis,in order to more comprehensively reflect the financial sharing implementation effect.Through the above series of comparative analysis,it is concluded that financial sharing has the effect of reducing enterprise cost,improving service efficiency and reducing financial risk,and the effect of financial sharing service has different lag periods for different enterprises.After that,based on the conclusions,the recommendations are given,hoping to implement a certain reference for financial sharing.
Keywords/Search Tags:Financial sharing, Evaluation, Process reengineering, SICHUAN CHANGHONG company
PDF Full Text Request
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