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Research On The Construction Of Poly Development's Financial Shared Service Center From The Perspective Of Business And Finance Integratio

Posted on:2023-04-29Degree:MasterType:Thesis
Country:ChinaCandidate:Z E GuoFull Text:PDF
GTID:2569306833456754Subject:Accounting
Abstract/Summary:PDF Full Text Request
Financial shared service is a new financial model based on information systems.Since it can centralize and unify repetitive and tedious operations in order to improve the efficiency of enterprise management.Therefore,it is regarded as an inevitable trend for future financial development.As a result,it has been recognized by many large enterprises at home and abroad.In recent years,the concept of financial integration requires that the financial function should not be limited to accounting and supervision,but should also include advance forecasting to strengthen the role of financial information in supporting decision-making.Therefore,how to build a financial shared service center from the perspective of financial integration has become a hot research topic.Poly Development Holdings Group Co.,LTD(hereinafter referred to as Poly Development)is a listed real estate company,ranked among the Top 500 companies in China.However,as it continues to expand the scope of its projects,it has experienced problems such as too much fragmentation in financial management,which is not conductive to further development,and the old financial model has been difficult to meet the needs of Poly’s Development.The construction of a financial shared service center based on the perspective of industry and finance integration can provide new inspiration to solve Poly’s financial problems.First of all,this paper compiles the relevant literature on industry and finance integration,financial shared services and the comprehensive research between them in China and abroad,and analyses the relationship between them.Thus,a framework of a new financial shared service center based on the perspective of industry and finance integration is sorted out,which means a new financial shared service center that a fusion of accounting,management accounting,and fund management.Secondly,the feasibility of this framework is tested by means of investigation and case analysis,and Poly Development is taken as the research object to analyze its financial management status and summarize its existing financial problems.Finally,based on the investigation,a specific plan designed for Poly to build a scheme of financial shared service center from the perspective of industry and finance integration,which was designed in four aspects,including strategic positioning,organizational personnel planning,information system construction and process optimization and reengineering,to ensure the smooth implementation of the scheme.By building a Poly financial shared service center based on the perspective of fiscal integration,this paper expects to help Poly’s managers at all levels to realize efficient accounting and business-financial integration,thus improving the efficiency of the finance department and promoting the transformation of the group’s finance from financial accounting to management accounting.This will help Poly and the real estate industry in China to establish and improve the financial shared service center.At the same time,it is also hoped that the research results of this paper can enrich the research perspective of enterprise financial integration and provide new inspiration for Chinese enterprises to strengthen the construction of financial shared service center.
Keywords/Search Tags:Integration of industry and finance, Financial shared services, Financial transformation, Real estate enterprises
PDF Full Text Request
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