Education, Science, Technology, Innovation and Life
Open Access
Sign In

Analysis on the Influence and Application of Financial Management Model on Financial Management

Download as PDF

DOI: 10.23977/etss.2018.12504

Author(s)

Jin Wenjuan, Gong Hong, Feng Ying

Corresponding Author

Jin Wenjuan

ABSTRACT

With the development of economic globalization and Internet technology, large enterprises have set up branches all over the world. Major enterprises pay very high cost in management, and corporate financial costs continue to rise. Therefore, the importance of financial management is self-evident. As an important part of the connotation of enterprise management, the company has been pursuing a method to optimize the financial management model for many years. Through exploring the business activities of the company for many years, the financial sharing service mode appeared in the 1990s. This is an innovative financial management model that “fine management creates benefits” with simple operation, large quantity, strong repeatability and so on. The financial accounting business of each branch is concentrated in the finance department. Sharing services, realizing the standardization of business process, and the process of process reengineering enable enterprises to separate financial accounting and management. Accounting is more in line with the accuracy of the enterprise, to optimize the management idea, optimize the financial management mode of large enterprises, optimize the management mode, and reduce the manufacturing cost.

KEYWORDS

Financial sharing center, financial management, fund management

All published work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright © 2016 - 2031 Clausius Scientific Press Inc. All Rights Reserved.