What is the concept of financial sharing? There are four modes of financial sharing

Financial sharing is the financial business process based on information technology.

treatment based on the optimization of the organizational structure.

Standardize processes, improve process efficiency, and reduce operating costs.

or for the purpose of creating value, a distributed management model that provides professional production services for internal and external customers from a market perspective.

The deeper meaning of the definition of financial shared services:

1. Information technology as the foundation: The wide application of information technology has become the basis of modern financial shared services, financial shared service center.

Most of the information technology applications are ERP (enterprise resource planning system) financial modules, but there is a trend of transfer of ERP financial module, ERP non-financial module, and ERP peripheral auxiliary business system. Simultaneous workflows.

Information technology tools such as bill image and OCR recognition have been widely used;

3. Diversified implementation motivations: The establishment of an internal service-oriented financial shared service center may become an optimization of the entire financial organizational structure.

and on this basis, to achieve the purpose of standardizing the process, improving process efficiency, and reducing operating costs, in addition, enterprises strengthen internal control with the help of financial shared services.

behaviors are also more common. The service-oriented financial shared service center provides business process outsourcing services.

As the leading, the main purpose is to obtain profits. The industry presents diversified implementation motivations.

Financial sharing is the application of shared services in the financial field. Relying on information technology, based on financial business process processing, financial shared service is a distributed management model for the purpose of optimizing organizational structure, standardizing process, improving process efficiency, reducing operating costs or creating value, and providing professional production services for internal and external customers from a market perspective.

The Financial Sharing Center (FSSC) is essentially an information-based platform. Through the establishment and operation of the financial sharing platform, the financial organization and financial process can be reengineered, so that some simple, easy to process and standardized financial work, including accounting, cost control, payment, etc., are centralized on a unified information platform.

With the mature development of information technology such as big intelligent cloud things, more and more intelligent technologies are being introduced to the field of enterprise financial sharing services, such as image recognition technology can replace manual completion of invoice duplicate verification, mobile Internet technology can help financial personnel complete management work anytime and anywhere, financial robots can realize automatic operation of process activities, system integration technology can eliminate the information and management barriers formed between business, finance and taxation, etc. The development of a new generation of information technology, represented by artificial intelligence, has brought new development opportunities to financial shared services, and is transforming financial shared services from informatization to digitalization and intelligence.

The so-called digital intelligent financial sharing service is based on new technologies such as cloud computing, big data, artificial intelligence, etc., and combined with the practice of financial transformation and upgrading and innovation and development under the enterprise Internet model.

For large enterprises, the sharing center should focus on lean operation within the enterprise. For enterprises, shared construction is the only way to benchmark against the world's first-class, which will become a powerful starting point for enterprises to move towards high-quality development, through innovative models and leading technologies, supplemented by the long-term goal of operational excellence, it is bound to form the unique shared service value of Chinese enterprises.

The construction and operation of the financial sharing center is a challenge and an opportunity for large enterprises, and it is also to lock in the future in advance! Yonyou will continue to escort large enterprises, achieve symbiosis, co-creation and win-win, and open a new chapter of financial sharing in the era of digital intelligence together, benchmarking against the world's first-class!

1. Centralized mode.

This model can also be said to be the basic model of financial sharing services, and it is also the easiest model for most enterprises to adopt when carrying out financial sharing services. This model usually achieves the goals of large-scale processing and standardization, standardized management, and process optimization by consolidating and integrating the daily transactional work of finance.

2. Complete the full market-oriented model of Syna.

The Financial Shared Service Center at this time.

It has become an independent entity, facing the market and providing services to customers in the face of competition with the service organizations in the market. Under this model, the services and charges of the financial shared service center are completely market-oriented, and the original internal customer is only a long-term customer of the financial shared service center.

3. Internal market-oriented model.

Under this model, the service focus of the financial shared service center and the service object are still internal, but in terms of service methods and service charges, it adopts the form of simulated marketization, usually through the way of internal service charges to offset the daily operating costs.

At this point, the internal customer has the option to decide whether or not to accept these services through cost accounting.

4. External service mode.

This model has truly opened the first step towards the marketization of financial shared service centers. In this model, the financial shared service center ensures the internal information security of the enterprise.

and if you have spare power, you can provide relevant professional services to the outside world.

Extended Materials. Financial shared services are financial business processes that rely on information technology.

treatment based on the optimization of the organizational structure.

For the purpose of standardizing the process, improving process efficiency, reducing operating costs, returning to the cluster or creating value, the distributed management model provides professional production services for internal and external customers from a market perspective.

A feasibility study is being carried out on the establishment of a financial shared service center.

This report of Polo combines the professional experience of shared service practitioners to point out common misunderstandings in the industry:

Myth 1: Any enterprise can standardize data with the help of a financial shared service center.

and process standardization.

Myth 2: The establishment of a financial shared service center will effectively reduce the financial cost of the enterprise.

Myth 3: The loss of financial personnel will be alleviated after the establishment of the financial shared service center.

The first is to centralize the establishment of a financial shared service center.

Pooling staff from different financial organizations in one specific location and establishing a shared service center is a common method of achieving shared services, and has been adopted by many multinational enterprises. This approach requires the concentration of relevant financial personnel in different locations within the enterprise into a single location, i.e., the concentration of financial personnel in a low-cost, tax-advantaged location. At the same time, in order to adapt to the operation of the shared service center and improve its operational efficiency, enterprises often reorganize and re-engineer their processes.

In addition, in the process of establishing a shared service center, enterprises are often required to implement a new unified system to replace the original number of scattered and traditional systems in the enterprise, which brings to the enterprise a reduction in personnel costs, fixed asset costs and information system costs. Under this model, the front-line business personnel who were originally responsible for accounting operations in the enterprise will become the staff of the financial shared service center, which is still part of the enterprise with only considerable autonomy, and its costs are generally allocated back to the internal departments of the enterprise that use its services.

The second is to build a new financial shared service center.

The establishment of a new Shared Late Access Service Center will lead to a major organizational restructuring, requiring a new location, new staff, new information systems, and new processes that will create sufficient conditions for the independent operation of the Shared Service Center.

Due to the need for a completely new factor for the entire shared service center, the disadvantages were obvious: it was costly, slow to set up, and could not respond to the huge and urgent financial sharing needs of the entire group.

The third type is the virtual financial shared service center.

The virtual financial shared service center does not need to gather people in a unified location, but uses systems and other technologies to connect employees in different geographical locations, and the biggest disadvantage of this model is that due to the lack of regular face-to-face communication, it will lead to difficulties in cooperation between employees in different locations. Moreover, some organizations also find that in the existing technical level conditions, the establishment of virtual shared service centers required by the enterprise intranet, conference and other facilities often do not meet the needs of enterprises. Still, a virtual shared service center is an effective alternative when organizations are unable to achieve the staffing and geographic configuration needed to establish a shared service center surface.

Financial shared service is a distributed management model that relies on information technology to provide professional production services for internal and external customers from a market perspective based on financial business process processing, with the purpose of optimizing organizational structure, standardizing processes, improving process efficiency, reducing operating costs or creating value.

1. Information technology as the basis: the wide application of information technology has become the basis of modern financial shared services, and the information technology application of financial shared service center is mostly ERP (enterprise resource planning system) financial module, but it presents the transfer trend of ERP financial module, ERP non-financial module, ERP peripheral auxiliary business system. At the same time, information technology tools such as workflow, bill imaging, and OCR recognition have been widely used.

3. Diversified implementation motivations: The establishment of internal service-oriented financial shared service centers may become an opportunity to optimize the entire financial organizational structure, and on this basis, to achieve the purpose of standardizing the process, improving process efficiency, and reducing operating costs.

The service-oriented financial shared service center is dominated by business process outsourcing services, and the main purpose is to obtain Libi Yerun. The industry presents diversified implementation motivations.

4. Market-oriented perspective: Regardless of internal service or service-oriented financial shared service center, it should maintain a market-oriented perspective, and under this connotation, the financial shared service center should attach importance to customers, provide customers with satisfactory services, and reflect other operational motives in the service process.

5. Production-oriented service: regard financial service as production and operation, pay attention to production efficiency and production quality, and establish a sound on-site performance evaluation system and production quality control system.

6. Distributed service: Regard the financial shared service center as the server and the commercial unit as the client, and provide distributed business support based on the customer service model.

7. Financial shared service is a management model, which is a comprehensive spine combination of various management means including information technology, organizational management, service management, quality management, performance management, etc., and cannot be narrowly understood as one of them.