Which companies have established financial services centers?

TCL Group, Gome Group, PICC Property and Casualty Insurance Group (PICC), FAW Financial, Haid Group, Baixiang Group and other large groups are all typical examples of the first-year technology and finance sharing center. case. There are more than a hundred in my impression, including Wanda, PetroChina, Sinopec, China Fortune Land Development, Siemens, Sino-British Life Insurance, Citi Shanghai, ZTE, CGN, Haier, ENN Gas, and Sunshine Insurance. In China, as of June 2014, there were more than 450 service centers in operation. In addition, many companies are preparing to build their own sharing centers, such as Zhaopin Recruitment, financial securities companies, etc.

Enterprises suitable for establishing financial exclusive service centers: financial enterprises, service enterprises, manufacturing sales outlets, chain enterprises, and communication services; technical conditions are not suitable for establishing financial exclusive services Enterprises in the center: manufacturing factories, exploration industries, enterprises with low informatization level, etc. The financial sharing center generally serves branches and offices of manufacturing companies with high personnel quality. These branches and offices often only undertake sales tasks without complex financial accounting needs. For example, DELL's sales outlets in various regions in China only consist of one sales team and service personnel. Businesses are processed uniformly through standard orders at the headquarters in Xiamen, and finance can be shared with Xiamen.

Financial Shared Service Center (FSSC) is an accounting and reporting business management method that has emerged and become popular in recent years. It brings the accounting business of entities in different countries and locations to an SSC (Specialized Service Center) for accounting and reporting. The advantage of this is to ensure that accounting records and reports are standardized and structurally unified, and due to different Accountants are required in every company and office in the group. System and labor costs are saved, but this operation is subject to legal regulations in some countries. The establishment of the exclusive service center has improved the financial management capabilities of the enterprise group, and a new financial organization-business finance has also emerged. As the name suggests, business finance embodies the organic combination of finance and business units. Business finance is vested differently in different companies.

Some companies attribute it to business units for management, and performance appraisals are conducted by the business units they are responsible for. This strengthens financial support for the business to a certain extent, but at the same time it brings problems. The financial system is out of control for such personnel and cannot form a positive interaction with business financial personnel. There are also some companies that put their offices and business units together, but personnel are still managed by the financial department. Performance management and salary payment are also managed by the financial department, but the business units have the power to evaluate and make recommendations on their performance.

The financial business organization based on this model can achieve a balance between business units and financial units, which not only ensures financial support for the business, but also strengthens personnel management.