Abstract
Founded in Qingdao, Shandong in 1984, Haier Group has grown from a small refrigerator manufacturer to the world's No. 1 white goods brand. In 2005, the concept of " Integrating Order with Personnel " was put forward, and in 2006, under the guidance of this concept, it became one of the first enterprises to establish a financial shared service center in China. This paper mainly analyzes the structure of Haier Financial shared service center from three aspects: the background, development and effect of its construction, so as to deepen the understanding of the financial shared service center.
Highlights
Haier Group is a large multinational company with many subsidiaries scattered around the world, with inconsistent financial accounting standards and redundant financial information
Different from the traditional model of "users listen to employees, employees listen to enterprises", under the " Integrating Order with Personnel " model, Haier has achieved the goal of "enterprises follow employees, employees follow users", and within the entire group Completed a subversive innovation
The construction of a new generation of financial sharing should be aimed at improving efficiency, improving customer satisfaction, and promoting service quality
Summary
Haier Group is a large multinational company with many subsidiaries scattered around the world, with inconsistent financial accounting standards and redundant financial information. The Haier Group headquarters takes a long time to obtain financial information of subsidiaries, with low efficiency, high cost, and poor timeliness of data acquisition, which has a certain impact on the decision-making of the Haier Group headquarters. To this end, Haier Group began to reform its financial management department in 2006. In May 2007, with the implementation of the globalization strategy, Haier Group began to establish a financial shared service center and adopted the " Integrating Order with Personnel " business-finance integration model. This paper introduces the successful road of Haier Group's implementation of business-finance integration under financial sharing from three aspects: the construction background, the construction of the financial shared service center, and the repositioning of construction effects
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