Abstract

Multinational companies and large enterprise groups in the economic globalization and information era have high financial costs, difficult management, and poor financial information quality. In the financial sharing service, it centralizes and centralizes the branch’s accounting, expense reimbursement, fund payment and other services, and uses cloud computing technology to effectively improve its data storage capacity and calculation and analysis capabilities, thereby effectively solving the company’s financial management problems. This paper focuses on the financial management problems of large multinational enterprises, studies cloud computing, financial sharing services and other related theories and technologies, and discusses in depth the advantages, construction principles and construction processes of financial sharing services in cloud computing environments. Reengineering, repayable process reengineering, and receivables process discussed the construction of a cloud-based financial shared service center to provide a reference for related companies to improve their financial management models and obtain good business results.

Highlights

  • Economic globalization has become an important development direction of the world economy

  • Cloud computing-based financial sharing service, the new financial management model, through the collection and integration of similar businesses in the enterprise, unified processing of the collected business, in order to improve the efficiency of the enterprise [3]

  • In order to better apply cloud computing technology in the financial sharing service model, this paper studies the construction of a financial sharing center based on cloud computing, with a view to forming scientific, objective, and certain application value achievements for the future construction of financial sharing service centers Certain reference [4]

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Summary

Introduction

Economic globalization has become an important development direction of the world economy. The continuous expansion of the enterprise scale has caused problems such as high financial costs, low efficiency, and poor information quality [2]. Cloud computing-based financial sharing service, the new financial management model, through the collection and integration of similar businesses in the enterprise, unified processing of the collected business, in order to improve the efficiency of the enterprise [3]. With the help of cloud computing technology, the financial sharing model in the new era greatly improves the data storage and computing capabilities of the financial sharing service center, effectively guarantees data security, and helps enterprise groups integrate financial resources, reengineer financial management processes, and improve the efficiency of financial business processing. In order to better apply cloud computing technology in the financial sharing service model, this paper studies the construction of a financial sharing center based on cloud computing, with a view to forming scientific, objective, and certain application value achievements for the future construction of financial sharing service centers Certain reference [4]

Basic concepts of cloud computing
Basic technical characteristics of cloud computing
Cloud computing basic architecture and service model
Overview of Financial Sharing Service Center
Serviceability
Technical
Construction of financial shared service center based on cloud computing
Organizational structure planning
Reengineering the expense reimbursement process
Payable process reengineering
Reengineering of receivables process
Conclusion
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