Research On The Integrated Management Of Business And Finance Of Company A Based On ERP Syste

Under the background of a new round of global information technology revolution,the development of enterprises has ushered in new opportunities,how to better implement the integration of business and finance in enterprise management has always been the focus and hot spot of domestic and foreign academic and practical circles,from the traditional manual bookkeeping model to the strategic management accounting model is also the management goal that the enterprise community has been promoting governance.How to realize the integration of industry and finance has attracted great attention from enterprises in various industries.The most effective guarantee for the integration of industry and finance is information technology.With the continuous update and development of information technology,new means such as the Internet of Things,big data,and cloud computing have emerged one after another,helping enterprises enhance their own business financial data mining capabilities and build a seamless connection and close integration model between business finances.As a typical representative of information system,ERP system provides effective help for the collection,sorting and transmission of a large number of business financial data inside and outside the enterprise,which is a necessary guarantee for the survival and development of enterprises.By studying this aspect,this paper chooses to combine the ERP system with the construction of industryfinance integration.The research case in this paper is Company A,a chemical and chemical enterprise.Company A is a typical representative of most enterprises in China,facing common problems such as increasingly large internal organizational structure,more complex business processes,increasing management operating costs,and imperfect financial processes.Based on the theory of process reengineering,information management and resource allocation,this paper summarizes the concepts of ERP system and industryfinance integration,and makes corresponding literature reviews.Focus on the three aspects of inventory,purchase and payable,and sales receivables that most innovative enterprises are most concerned about.Through the field research method,the author visited the business and financial departments of Company A for investigation,and found that Company A greatly promoted the exchange of information between the company’s business and finance with the help of the ERP system,improved and optimized the original business and financial process,accelerated the pace of the construction of industry-finance integration,and achieved the expected results,and finally summarized the experience of Company A in the construction of industryfinance integration based on the ERP system and put forward several corresponding safeguard measures.This paper finds that the ERP system is of great benefit to the construction of enterprise business and financial integration,with the help of ERP system,company A’s inventory inventory,procurement and payable,sales receivables three aspects of business and financial processes have been optimized and improved accordingly,the pace of business and finance integration construction has taken a big step,ERP system is an effective means for enterprises to better carry out the construction of business and finance integration in the face of increasingly competitive market environment,and improve the management level and value of enterprises.The author hopes to strengthen the ability of Company A to integrate industry and finance through the research on the construction of industry-finance integration based on the ERP system,and also hopes to provide substantive experience and materials for other enterprises in the same industry in China to carry out industry-finance integration construction with the help of information systems in the future.