What is financial service?

Financial * * * service refers to a distributed management mode that provides specialized production services to internal and external customers from the perspective of the market, relying on information technology and based on financial business process processing, with the aim of improving process efficiency, optimizing organizational structure, standardizing processes, reducing operating costs and creating value. The financial service center is customer-oriented, and its operation management and internal staff must satisfy customers.

Financial * * * Motivation to enjoy services:

1. Support the development strategy of enterprise groups. The financial * * * shared service mode extracts the same business scattered in different branches (subsidiaries) and puts it in the financial * * * shared service center for work (registration of general ledger, etc.). ) by hundreds of people from different branches (subsidiaries), only one * * * shared service can be completed, which improves the efficiency of financial accounting.

2. Strengthen financial control. Because the financial accounting and financial treatment of different branches are inconsistent, it is difficult for group managers to monitor the financial status and operating results of grass-roots business units and branches, which leads to the inefficiency of the whole group and the difficulty in coordinating resource allocation. Under the financial service mode, the service center generates the financial information of each branch in real time by formulating unified financial accounting standards and accounting processes, and provides support for the management and monitoring of each branch and group headquarters through the network.

3. Reduce the cost of financial management. A survey of 50 Fortune 500 companies by Deloitte Consulting and International Data Corporation shows that the average return on investment in financial services is 27%, and the number of employees can be reduced by 26%.