Two core concepts of intelligent cost control 4.0
1. Deepen the scene fusion and realize the whole chain cost control.
The industry's first open supply chain platform
Industry-leading one-stop full-scene consumption integration
Industry Minimum Granularity Same Screen Aggregation Price Comparison Purchase
The most complete cost control process in the industry.
The most flexible platform operation mode in the industry
2. Strengthen people's experience and promote total cost control.
Line-by-line business classification lowers professional threshold.
One person, one thing, one standard, breaking the rigid mechanism
AI+RPA technology blessing simplifies employee operation.
Innovative consumption experience mode, landing humanistic care
Mobile multi-portal integration, benchmarking C-side operating experience
Intelligent cost control 4.0 Hu 2 core concept
Extension:
Ingeniously create a new era of intelligent fee control 4.0
Centralized polishing and four iterative upgrades have been practiced and demonstrated in more than 100 head enterprises.
Yi Sheng Science and Technology has been deeply involved in enterprise expense management for nearly 20 years, from consumer expense management consultation, expense control platform construction to product supply chain and operation service, providing enterprises with a full-product, full-function, full-process, omni-channel and one-stop comprehensive expense control management solution. It is a leading expert in enterprise consumption and cost control. The concept of Intelligent Expense Control 4.0 is an epoch-making enterprise expense management solution put forward by Yi Sheng Science and Technology based on years of practical experience and professional innovation. Adhering to the development concept of "step by step over time, it will eventually become a success", Yi Sheng Science and Technology has been constantly polished and improved with the concentration of masterpieces, from travel collection to travel expense control, from travel expense control to comprehensive expense control, and then upgraded to intelligent expense control. After four iterations and upgrades of the model, it has been demonstrated in more than 30 industries and 100 head enterprises, and the concept of intelligent cost control 4.0 has successfully landed.
Ingeniously create a new era of intelligent fee control 4.0
From financial reimbursement to enterprise cost control
From the perspective of occupancy management, intelligent cost control 4.0 has established a large and comprehensive cost management pattern from top to bottom.
Unlike the reimbursement system, which pays attention to the innovation of reimbursement tools, the improvement of reimbursement efficiency and the upgrading of reimbursement experience, Intelligent Expense Control 4.0 is no longer limited to a single scene and a single link of reimbursement upgrading, but starts from the overall management thinking of enterprises, strengthens the dominance and comprehensiveness of enterprise expense management, and establishes a large and comprehensive expense management pattern from top to bottom: 1) Large group structure, and promotes finance with expense management. 2) the whole process of the whole scene, from the expense consumption scene to the control, the whole process of a platform before, during and after the event is closed; 3) all categories, one platform covers the management of all unproductive expenses of enterprises; 4) Full-post and role-based post empowerment to stimulate the participation and enthusiasm of employees responsible for the first cost control; 5) The whole ecology, including suppliers, service providers, platform technology manufacturers and other partners, * * * builds a cost control ecology.
From financial reimbursement to enterprise cost control
From unified standards to individual management
Inheriting the idea of enterprise personality management, intelligent fee control 4.0 provides a "thousand enterprises and thousands of faces" fee control solution.
From the perspective of cost compliance, enterprises all follow the unified accounting standards and tax laws and regulations of the country, and there are unified standards for financial process links such as invoice, entry, allocation, input tax deduction and archives to cope with national statistics and supervision. Ai Media Consulting analysts believe that enterprises have their own personality, not only the personal ideas of the founders, but also the shaping of long-term management principles and culture.
The data shows that organizational climate depends on management style 70% and organizational performance 30%. The management style of the leader will have 2 1% impact on the final profit of the enterprise. The research results show that the traditional expense control reimbursement software is more significant as a financial processing tool, while the intelligent expense control 4.0 is more focused on becoming an enterprise expense management tool. This is a bold exploration and change. Based on the flexible configuration of cost control engine, it inherits the personalized management idea of enterprises, and then provides a "thousand enterprises and thousands of faces" cost solution.
From unified standards to individual management
Connotation of Intelligent Fee Control 4.0 Mode
Create an open supply chain, enterprises independently expand consumption scenarios and regain management autonomy.
The value subject of cost management is the enterprise itself. Compared with the integration and optimization of production supply chain, enterprises in the unproductive consumption supply chain still stay at the simple level of transaction relationship management, which is very easy to be bound and constrained by the substantive monopoly formed by a single supply channel, thus losing the management initiative.
Create an open supply chain and break through the competition. Enterprises can independently expand their consumption scenarios according to their own needs, and introduce all kinds of high-quality supplier resources without the restrictions of platform service providers: 1) Multi-supplier aggregation lays the foundation for multi-supply price comparison of a product, and the purchase price can be continuously optimized; 2) The cost scenario can be increased at any time according to the needs of enterprises, reducing the cost of secondary development; 3) Meet the personalized demand of enterprises for supply chain to the greatest extent, and be completely independent; 4) In addition to the product reservation function, it also includes the whole supply chain management such as supplier access mechanism, bid entry, product shelving, customer service, settlement operation, supplier assessment, cancellation of orders and exchange of goods. To give enterprises complete supplier management tools and strengthen their supply chain management capabilities.
Create an open supply chain enterprise and independently expand the consumption scene.
Connotation of Intelligent Fee Control 4.0 Mode
Relying on centralized shopping malls, realize one-stop full-scene consumption integration, aggregate and reduce costs.
The research shows that the decentralized procurement of employees is the root of the difficulty in cost management. Head enterprises have long tried to cooperate with TMC to achieve unified and standardized centralized procurement within a limited scope. On the one hand, they can get more favorable centralized procurement prices, on the other hand, they also reduce the space for fraud to some extent. However, the complexity of consumer scenarios and consumer demand determines that it is difficult for one or two suppliers to cover all of them, and the switching of multiple systems brings bad experience to employee appointment, financial settlement and service support. Relying on the open supply chain platform, there has been a "centralized shopping mall" for enterprises, and the shift of consumption scenes has turned the scattered consumption of employees into centralized consumption, and private reimbursement into public payment. Employees in centralized shopping malls can not only conveniently complete business consumption in one stop, but also do not need to advance funds and manage invoices generated by consumption, thus greatly improving the reimbursement experience.
The survey shows that the emergence of enterprise centralized shopping malls has brought two major challenges: 1) The aggregation of shopping mall products is not just a simple quantity accumulation. For non-standard products such as hotels, to achieve standardized output and prevent Li Kui jy from becoming Gui Li, it is necessary to build accumulation from the underlying data; 2) Private reimbursement is transferred to company settlement. The wider the scene coverage, the more suppliers there are, and the settlement pressure will increase sharply, especially for group enterprises. With the increase of scenes, the background settlement will increase exponentially.
One-stop full-scene consumption integration, aggregation and cost reduction
Connotation of Intelligent Fee Control 4.0 Mode
Multi-product price comparison on the same screen is the new construction standard of the industry default fee control platform.
The survey shows that in the stage of employees' decentralized mining, the price comparison depends entirely on the private performance of employees; After cooperation with fixed service providers, the price is agreed by the contract, the price comparison becomes an internal display form, and even big data will be stifled; In the 3.0 fee-controlled jump mode, although the mobile reimbursement platform can connect multiple suppliers, the price comparison still requires employees to jump between different platforms, and the output standards of many non-standard products are inconsistent, and the price comparison is "unfounded".
Intelligent fee control 4.0 gives three meanings to price comparison: 1) On the same screen, employees only need to compare prices on the same screen without jumping from multiple platforms; 2) The price comparison between multiple suppliers of a product and different channels or suppliers of the same product, especially non-standard products, is a great challenge to the whole industry; 3) granularity, at the same latitude and under the same conditions, the smaller the granularity, the more transparent the price, and the more valuable the price comparison.
In addition, on the basis of comparing the prices of products from external suppliers, we should also control the price comparison of internal consumption. Control nodes such as financial budget and expense standard are extended forward. When employees book products, whether the ratio with the budget exceeds the budget or the ratio with the standard exceeds the standard directly restricts employees' purchasing behavior.
New standards for the construction of industry arrears management and control platform
Connotation of Intelligent Fee Control 4.0 Mode
Learn from the experience of other banks, break the tradition of integration of supply and service, and innovate the operation mode of separation of supply and service.
The research shows that the overall effect of enterprise cost control in China is not good. The reason is that it is easy to aggregate multiple suppliers through API interface, and it is not difficult to compare the prices of a product and multiple suppliers in coarse granularity. The real difficulty lies in the fact that the financial settlement pressure cannot be effectively released after private reimbursement is converted into corporate settlement. Consumption is only the starting point of cost control, and settlement is the way home. In the past, an accounting unit only needed to settle accounts with a fixed supplier, but now each accounting unit has to settle accounts with multiple suppliers. When the more consumption scenarios are covered, the more suppliers and independent accounting units the group enterprises belong to, and the human and financial resources invested will increase exponentially, which goes against the initial intention of the enterprise to control fees, and the fee control project will naturally come to an end.
Intelligent fee control 4.0 draws lessons from the experience of "contracting for work but not materials" in decoration industry, and puts forward the separation mode of supply and service on the basis of the traditional integration of supply and service: 1) Supply and service are separated, suppliers focus on product and price optimization, service providers focus on service, enterprises pay according to their needs, and employees do not need to pay service fees for their own consumption behavior, which greatly reduces service fees; 2) Service providers are responsible for capital, reconciliation, settlement and other operations. Independent accounting units still face only one service provider as in the past, while multi-supplier docking is completed by service providers, which enables enterprises to successfully and continuously operate the multi-supplier price comparison procurement model.
Break the tradition of integration of supply and service and innovate the operation mode of separation of supply and service.
Connotation of Intelligent Fee Control 4.0 Mode
Complement the control before and during the event, and establish an integrated cost control system from budget to filing.
The research results show that the traditional enterprise cost control is centered on the circulation of bills and money. In the 3.0 fee control jump mode, the pre-control of budget, application and approval is strengthened, such as full-link budget control such as budget allocation, freezing and deduction, but the jump to the third-party consumption scenario interrupts the fee control process.
Based on scene fusion, Intelligent Expense Control 4.0 integrates consumption scenes with expense control platform, and realizes fine control of expense standards and supervision and record of consumption process in the process. The whole process of employees' business consumption is transparent and traceable, and all behaviors are carried out in the sun in accordance with the embedded expense management system. Finance is no longer informed afterwards, and it takes time and effort to trace and verify. Instead, it has participated in supporting business in the budget link, and the compliance of employee consumption, the rationality of expenses and the authenticity of business are completely synchronized. When cost control is presented in every link, when all risks have been predicted, the time and space barriers and professional barriers faced by traditional financial reimbursement will be easily broken.
Establish an integrated cost control organization from budget to filing.
Connotation of Intelligent Fee Control 4.0 Mode
Based on RPA and other intelligent technologies, digital employees and intelligent assistants are pushed to the front desk.
In the past, the focus of financial treatment of expenses began with the receipt of employee reimbursement application forms, mainly including checking the correctness of procedures, checking the correctness of face value, checking the logical rationality of expenses and checking the posting standards of documents in appearance. After several rounds of checking, enter it manually, and then check the consistency of documents, amount, account classification and expense allocation again. Such a large amount of repetitive, clearly defined and logically fixed work often consumes a lot of financial time and energy, which is inefficient and prone to human error.
RPA is robot process automation. As a pioneer application of AI technology in the financial field, RPA robot has been widely recognized by enterprises for its light weight, high efficiency, high speed and low cost. But RPA is not an advanced model of "smart finance". Based on RPA, the intelligent fee control 4.0 model further releases the potential and value of automation through NLP (natural language learning), OCR (optical character recognition), ML (machine learning) and other auxiliary technologies, and introduces IPA (intelligent process automation) in customer service, pre-audit of reimbursement forms, invoice identification and receipt comparison, payment, bookkeeping and filing.
Based on RPA and other intelligent technologies
Summary: The intelligent fee control 4.0 mode focuses more on becoming an enterprise's fee management tool, which is a bold exploration and change. Although all industries and enterprises are the same in the compliance of expense management, the demands and solutions of different enterprises for expense control are still full of "variables" because of the differences in business and the diversification of scenarios. The fee control platform needs to deepen the segmentation of industries and multi-consumption scenarios, explore differentiated solutions, and quickly iterate according to the real-time needs of enterprises. For example, the fast-moving consumer goods industry, intellectual manufacturing industry, financial industry and energy industry listed in the white paper have different needs and pain points for cost control scenarios, and the matching solutions of smart fee control 4.0 are also different.
References:
1. Pulse intelligent fee control 4.0 solution enables enterprises to reduce costs and increase efficiency.
2. Yi Sheng Science and Technology? Yi Sheng Science and Technology X Ai Media Consulting | White Paper on the Development of Enterprise Expense Management in China in 2022
The 4.0 mode of 300 # intelligent fee control management platform is an opportunity for the intelligent upgrading of state-owned enterprises' finance.