Research On The Construction Of X Group Financial Sharing Center Mode

With the deepening of economic globalization and the continuous expansion and development of enterprises,in order to reduce corporate financial costs and improve corporate competitiveness,the concept of financial shared service came into being.In order to gain a place in the fiercely competitive environment of economic globalization,Chinese companies have to start to consider how to reduce costs,improve efficiency and improve quality from the corporate management level.As the core department of the enterprise,the finance department must improve the department structure,stand on the overall situation,and provide decision-making services for the production and operation mode of the enterprise.This prompts the financial department of each enterprise to actively change the nature of the department,from the basic accounting mode to the strategy.The management mode has formed a new management mode—Financial Shared Service center.X Group is a provincial state-owned capital operating company,and has put forward higher requirements on financial accounting and statement consolidation,budget and capital control,and financial risk prevention.X Group plans to realize the centralization of various businesses of the enterprise by building a financial sharing center,with the financial sharing information platform as the main body,reengineering business processes,in order to achieve the management goal of the integration of budgeting,accounting,capital,value analysis,and risk management.This article uses the methods of theoretical analysis,comparative analysis,and case analysis to construct the X group financial sharing center model as the research object.First of all,in view of the difficulties in financial management and control of X Group,insufficient management and control,and low work efficiency,the feasibility and necessity of establishing a financial sharing center in X Group were systematically analyzed,and a financial sharing center plan was formulated,starting from the principles of financial sharing center.Detailed overall planning is carried out on the six dimensions of,architecture,goals,construction,blueprint,and strategic function positioning.The model construction of the financial sharing center mainly starts from four directions: location selection,organizational structure,business process design,and system standardization.Finally,the analysis of the expected operating effects of the X Group Financial Sharing Center shows that the establishment of a sharing center can reduce labor costs,strengthen financial management and control,and promote standardization of business processes.It also puts forward relevant safeguard measures and suggestions from establishing a database of policies and regulations,building a talent team,and improving service quality.By exploring how to establish a financial sharing center in X Group,it will help X Group to establish a sharing center in the future,and it will also have a certain reference significance for other companies establishing a financial sharing center in the future.