Abstract
With the pace of economic globalization, financial Shared service has more and more widely used in enterprise groups and multinational companies and other large enterprises. The new financial management mode has become a “trend”. This paper discusses the mechanism of the transformation of the financial shared service mode of enterprise groups from service mode and control mode to value creation mode under the background of intelligence.
Highlights
Financial Shared service produced in the middle of the 19th century the western developed country, its initial application purpose is to reduce the cost and provide business service to enterprise group
The establishment of the financial Shared service center need to consider many factors, enterprises to choose what kind of path to establish Shared service center, and how to make the Shared service center really match the enterprise strategic goals, boost the realization of the strategic objectives, is an important problem should be considered in the early years of shared center set up, namely the pattern of financial Shared service center
Compared with the traditional financial business processing, the financial shared service mode realizes the deep integration of business and finance, while the application of collaborative office is an effective way to realize the integration of business and finance
Summary
Financial Shared service produced in the middle of the 19th century the western developed country, its initial application purpose is to reduce the cost and provide business service to enterprise group. Shared service is a collaborative strategy that centralizes a portion of existing business functions into a new semi-autonomous business unit with the aim of improving efficiency, creating value, saving costs and improving the quality of service to the parent company's internal customers[1]. It is an early concept of shared service. 30 years have passed since the birth of FSSC, and 90% of fortune 500 enterprises and over half of multinational companies have built or are building FSSC centers
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