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Analysis on the Operational Effect of Management Mode of Financial Shared Service Center of Large and Medium-sized Enterprises in China

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DOI: 10.25236/ecomhs.2018.049

Author(s)

Honggang Tian

Corresponding Author

Honggang Tian

Abstract

With the rapid development of economic globalization and modern network technology, the competitive pressure between enterprises has become more intense. In China's large and medium-sized enterprises, the application of the management mode of financial shared service centers has been promoted. This is the financial management of modern large and medium-sized enterprises in China. Running the financial sharing service center management can effectively reduce the economic cost and human resources of the enterprise, and quickly do a good job in fund management and financial decision-making with the help of modern technology, improve the efficiency of the financial management, obtain the maximum economic profit and at the same time strive for more perseverance for the enterprise. However, there are operational problems in the management mode of financial shared service centers in large and medium-sized enterprises in China. In the context of the widespread industry, there are still deficiencies that need to be improved. This paper focuses on the operational difficulties of the financial shared service center management model, analyzes the object and makes suggestions for improvement.

Keywords

Large and Medium-Sized Enterprises, Financial Management, Financial Shared Service Center, Operational Effects, Countermeasures