Research On Risk Management Of XY Company Financial Sharing Center

A new age of financial sharing center expansion has been ushered in by the emergence of big data,AI,mobile Internet,cloud computing,the Internet of things,and other information technology.As a result of this information-driven strategy,financial sharing has become increasingly favored by both multinationals and domestic large-scale businesses.To combat redundancy,information obstacles and inefficiency in financial management organizations,numerous large enterprises in various areas and sectors have opted to introduce financial sharing services in order to bolster financial control and cut down on management expenses.Establishing financial sharing services is not a simple task;rather,it is a lengthy and intricate transformation that necessitates the restructuring and alteration of enterprise organization,personnel,procedure,taxation,system,etc.,there are many risks involved.The superposition effect may hinder the efficient implementation of financial sharing service,lead to the failure of internal governance reform,and then affect the development of enterprises.This requires the company to adopt more advanced technology,better support the company’s growth.If the company’s internal management reform can not bring the expected results,it will seriously hinder the development of the company.To avoid this situation,the company should carefully investigate and take appropriate risk management measures,foresee the possible risks,and ultimately achieve cost reduction and efficiency.This paper applies literature analysis and field investigation to examine the chosen subjects,utilizing the concepts of risk identification,assessment,and response.To begin,the related ideas of financial sharingcenter and risk management are summarized.Secondly,this paper reviews the implementation process of XY Company’s financial sharing service,and uses Delphi method to accurately identify five types of risks.A comprehensive risk assessment of XY Company’s financial sharing service implementation,along with a thorough examination of potential risk factors,is presented in this paper through questionnaire survey and principal component analysis.Formulating targeted risk management measures and recommendations to improve the efficiency of financial sharing services XY company,enhance enterprise management,and provide reference for other peers,a risk assessment was conducted at last.According to the research results,XY company may encounter many risks when implementing financial sharing,such as organizational change,personnel adjustment,business process change,tax regulation change and system construction,etc.,this will lead to a series of adverse effects.This paper suggests countermeasures,such as psychological readying for long-term construction,the implementation of a successful feedback system,and the establishment of a standard tax risk management organization,in consideration of the five types of risks mentioned.It is my wish that XY Company’s financial sharing service will be efficiently operated,and that the flourishing of its financial sharing center will serve as a beneficial promoter.Additionally,I am hopeful that the research findings of this paper have been applied to the financial sharing of businesses to serve as a benchmark.