Research On Financial Management Transformation Of L Company Under Financial Sharing Mode

Under the new trend of international development,more and more group companies set up branches across regions and industries,which makes the scale grow continuously.In order to generate higher value,a large number of corporate groups are building financial shared service centers.However,after the establishment of this innovative financial sharing service model,the financial management of enterprises will face severe challenges,while the traditional financial management model has many problems,such as low efficiency,lack of talents and so on.It can be seen that the transformation of financial management is imperative.Only by constructing scientific financial management can we improve the decision support ability and risk control ability of enterprise financial management,realize the integration of enterprise resources,deepen data supervision and promote the rapid development of enterprises.This paper focuses on the financial management transformation of L Company under the financial sharing mode.At first,on the basis of consulting relevant international and domestic works and papers,this paper comprehensively summarizes the meaning,characteristics and advantages of the financial shared service model,and analyzes the significance of financial management transformation under the Financial Shared Service Center.Secondly,it summarizes the basic situation of L company and the development process of Enterprise Financial Sharing Center,makes an in-depth analysis combined with the current situation and existing problems of L company’s financial management,and points out the feasible transformation path of financial management and corresponding safeguard measures to help the company’s managers make efficient decisions.Finally,under the exploration of the Financial Sharing Service Center,the prospect and suggestions for the future are given.The author hopes that the research results of this paper can provide typical case support for the follow-up research of China’s financial shared service theory,and provide reference for L company and other similar medium-sized enterprises to establish and improve financial shared services.