What is financial BP and how to deepen it?

The epidemic is at home. In addition to my normal work, I have been thinking about how to optimize the current work of the finance department and how to implement financial transformation. In order to achieve the accuracy and consistency of financial data, we must deeply understand the business, from practice to practice, and transform to financial BP. So how to understand the definition, work content and main responsibilities of financial BP, I will share with you, understand financial BP and enter the working state in advance.

The work function of financial BP is mainly composed of four parts: financial management, business management, coach's function and process judgment.

Financial BP is a new post in the new era and an innovative financial organization model. In my contact, the responsibility of domestic enterprises to financial BP is still immature, but I think it is imperative to transform financial management into financial BP in the future.

Financial BP personnel must understand both finance and business. It is the link between the financial department and the business department. He should have a deep understanding of business model, business process and even the process of quality system, and should be integrated with ERP process to maintain consistency.

Financial BP personnel should be familiar with each business process, judge the consistency of each business process, make communication between business departments smooth and cooperation efficient, help business with financial BP, help business sort out and optimize business and financial processes, provide feasible financial solutions for business departments' support and services, and help business departments solve practical problems in finance.

Financial BP personnel should do a good job in process judgment, from finance to business, or from business to finance, and cannot fall into professional traps. Really realize the combination of industry and finance, financial digitalization.

So what is the boundary between financial BP and business?

Financial BP transcends finance itself, and finance is a reflection of business behavior. Financial BP personnel should have the customer's thinking: who is your customer? What do you want to do for your client? What does he need? What kind of value can you create for your customers? This is a problem that financial BP personnel need to consider all the time. But work needs skills, communication needs art, team needs cooperation, management needs methods, leaders need responsibility and responsibility, and more importantly, they need a pattern.

Financial BP and business are interdependent, and financial BP should be in place without offside, participation without interference and guidance without command. Only by dealing with the relationship between the two sides can we improve our work efficiency.

Give a simple example:

Financial AP (accounts payable), the traditional financial AP may record the purchase business and payment business to ensure the correctness of the accounts payable balance. Financial BP personnel should go deep into the front end of the business, understand every process of the business and trace it back to the first level. For example, accounts payable-receipt of invoices-warehousing of purchased materials-inspection of purchased materials-purchase orders-processes introduced by suppliers-standards introduced by suppliers are also processes of quality system and ERP. Only by deeply understanding every link of the supply chain can we find, analyze and solve problems from different angles. Running through every business process together with business personnel, even we have to calculate the cost of suppliers, which are the contents of financial BP and business cooperation.

How to do financial BP well?

First, we must have the most basic financial professional ability, knowledge of financial management concepts and financial analysis, and the business ability of the clients;

Second, it is necessary to have a compound professional ability to understand the cost operation of enterprises, such as the control of procurement and production processes, really play the role of financial supervision and control, understand the requirements of quality system management, the role of lean management in processes, the combination of ERP tool process construction and business, and promote the standardized operation of business processes through ERP management.

Third, business insight, sensitive to data, penetrates into the forefront of the business through a data problem, and truly understands the ins and outs of the business.

Fourth, leadership, the ability to coordinate resources to solve problems; You should have correct values and the ability to precipitate emotions and meditate quickly when things happen; Don't care, don't argue, and handle everything safely; To have the ability to listen, to be good at listening, listening attentively to others' speeches is also a respect for others, and listening is also a communication skill; To have the ability to take responsibility, this is the responsibility, the charm of management, and the pattern of doing things.

Three questions about how financial BP personnel establish their souls;

1. Is simple and repetitive work the best in the team?

Have you finished your work? (or: is it the ultimate? You tried your best in your work, but did you try your best? )

3. Did the leader think of you for the first time when he had the chance?

This is a survey of my work and a summary of my work. We often ask "why". Only by finding and solving problems can we improve ourselves faster.

Five hands of financial BP:

1. Enthusiasm, dedication and ethics: enthusiastic about work, good professional ethics and teamwork spirit.

2. Professional principle: Dare to raise your hand: Dare to say no to those who do not abide by financial accounting principles and tax laws, do not make false accounts, and do not provide false information.

3. An expert in efficient service: Financial BP is a team and an efficient cooperative team. It is combined with business and quickly integrated into the team, working together with business personnel, sincere cooperation, timely communication, and doing things right and well faster.

4. Good helper for value * * *: Financial BP cooperates with business * * *, treats others with an open mind, follows the process, and * * * wins by both parties is the core concept of creating value for the enterprise, achieving the same benefits and creating greater value for the enterprise.

5. Hand in hand for collaborative development: hand in hand, heart to heart, rich cooperation methods, innovative cooperation concepts, win-win integration, financial BP and business * * * hand in hand, * * * common promotion.

The core of manufacturing financial BP is "reducing costs". Financial BP participates in the whole business activities, gives full play to the advantages of financial specialty, runs through every business module of operation management, realizes the pre-positioning and customization of financial management activities, provides more accurate information for management decision-making and realizes financial value activities.