The company's network of financial management

[Abstract] network to improve the Financial Management of the level of Financial Management for the group quickly and accurately provide basis for decision making. This article discusses the company realized the significance of networking and the role of Financial Management; analysis of company Financial Management situation; analysis of Financial Management to achieve the feasibility of network and network to bring the positive effects of financial management.

[Keywords:] Group network feasibility of the positive effects of the financial management

I. Introduction
With the deepening of China's reform and opening up, scientific and technological advances in the organization the size of the expansion, the formation of Economic globalization and take the road of development group has become a necessary condition for victory. Group of companies with regional, cross, cross-ownership features, how to effectively integrate various resources, optimize the allocation of resources, so that systems, modules, the smooth flow of Information between departments, to achieve cash flow, logistics and unified flow of Information has become the most important financial management tasks. Advanced management experience from Western countries to establish and improve the network financial system is the key to solving the problem. With the proposal of business network and rapid popularity worldwide has created a new Economic era. The new economy is the use of Information Technology to enable enterprises to gain new value, new growth, new business opportunities, new management. From the focus on internal management to focus on external management company; from seeking to maximize profits to the value of seeking business investment is growing, from the market to promote market-driven; From the acts of corporate behavior to the Industry. Information management theory: Internet invention and application of Internet Technology, will completely change the way of human production and life. The network in all aspects of financial management, play an increasing role. Staff can make use of networked Information terminal for a loan and completing the balance of payments; financial and business executives can use the mobile terminal network to access a variety of financial data; financial officer can also be achieved under the authorization of the home office. It makes no matter where decision-makers, can accurately grasp the pulse of the company's financial and business activities, provide ways to make accounting information page data from the traditional paper-based disk data into Computerized preliminary data for the network page, and enhance the timeliness of accounting information. It is obvious that e-commerce network of financial management as the first step in building enterprise information will inevitably become reality starting point.

Second, the status of financial management of the company within the Group
most enterprises have not formed a highly centralized financial management system, the lack of a unified regulatory system for financial capital, there is no unified information platform, information transmission channels are sluggish, financial data, capital settlement, investment and financing management can not focus, resulting in timely and accurate group decision-making is difficult to fully grasp the whole production process of the relevant information and can not implement effective management, supervision and control, resulting in the delayed management measures, inadequate.

Third, the company realized the significance of networking and the role of financial management
In theory, with the rapid development of IT Technology, enterprise information and network become the mainstream of development. Enterprise information and network information is the basis of the national economy, information is the current top priority of the national economy. As the global information wave, the process of information are constantly advancing the depth and breadth of two-way, macro and micro level in the double-depth. Enterprise information, network building, as is often cut into the financial accounting is that financial management has always been the core business functions. Therefore, the financial management of network has an extremely important theoretical and practical significance.

1. Prior to implementation of the project's financial management
(1) is from the financial organization structure, mainly through the stores --- Regional Finance Department Finance Department - Ministry of Finance in China A three-tier management companies in China all business.

(2) read from the division of functions, and shop, a store of financial managers responsible for all financial work, including fund management, reconciliation of supplier invoices, Wood foundation complete set exactly big money, financial accounting, taxation, financial analysis and so on.

(3) from the time point of view, basically stores the report in the 7 days before the end of next month, the regional aggregate at least 1 week, checking; China also to take a week to merge and balance; normal circumstances, China end of next month can generate a report, Group Headquarters, you will need to report a month later.

(4) from the means of achieving perspective, are basically manual operations. Stores need to manually enter all the credentials of financial software (the regions are different financial software), stores and between regions, between the region and China, the report is all by hand in the Excel table collection, summary.

2. After the implementation of network financial management
Enterprise Group members of accounting information through the Internet can be distributed across multiple Computer inputs, through the network to its transfer to the host Computer, information processing by the main Computer operation, so that effectively improve the efficiency of the whole system. Effective financial forecasting and decision-making.

3. Network implementation, financial management and the promotion effect
enterprise groups through the network of the group's production scheduling and manufacturing resources to control and balance, optimal allocation of internal resources; real-time understanding and control of the value of sport to form a highly centralized financial management system, do the unified regulation of internal funds to save the Group's financial expenses; to the Group's financial data, financial settlement, investment and financing management together to make group decision-making timely, accurate, and complete control of production and operation information about the whole process, so the right decisions and implement effective management, supervision and control.

(1) financial data more accurate, and timely. Before the use of networked systems, monthly financial data at least 1-2 weeks to aggregate to China headquarters, the basic needs of the global headquarters of more than 1 month, because of the need layers of aggregate, generate management reports. After the implementation of network management, financial officers at all levels will be the month after the certificate into the Computer the next day to generate the required reports at all levels, while reducing manual input as to ensure the accuracy of the data. Links to Research Papers Download http://www.hi138.com

(2) improve the efficiency of financial staff, who is more streamlined. After the implementation of networking, business systems, settlement systems, payment system, personnel system automatically import data from financial systems through the interface, documents, reports directly generated by the system can be reduced more than 30% of the finance staff.

(3) more effective use of funds. Network management purposes, the Group concentrated in the most total of total external payments, while the company's capital is concentrated in the headquarters network of bank account opened by the unified group, to avoid dispersion of funds, but also enhance the funding security.

Fourth, to achieve the feasibility of the financial management network of
1. Accounting for the network to provide accurate financial management data
the successful use of a computerized accounting system of financial management required for the network specifications and accurate data provide a direct source of financial management for the network to provide the basis for protection.

2. Accounting for the financial management network laid the foundation
computerized accounting applications is the use of the computer the most successful one of several major areas. The operation of computerized accounting system and, on the one hand it eliminates the mystery of the computer, on the other hand to enable enterprises to fully understand the role of the computer.

3. Computer network Technology to solve the financial management network to provide the technical foundation for most of the financial management issues are
unstructured decision problems, computer network Technology with high-speed, large amounts of information and complex processing, can help establishment of financial management decision-making information.

4.

Intelligent decision support to the modernization of computer network technology as the primary means of network financial management, the company provides decision support tools that enable companies in the process of decision analysis to focus on analysis the data, different levels of data to guide the company, different angles of observation and analysis. Leadership simplify the complex process of using internal data to make better daily decisions, greatly increased the degree of automation.

Five, network financial management of the positive effects of
1. To help strengthen the sub-group headquarters, a subsidiary of the regulatory network of the financial management system
real break space limitations, the physical distances into the mouse away, the Group Finance Department in front of the computer belongs to everyone can see the financial status of each branch, making branch of the monitoring group to become simple, the branch may also be needed for the first time financial information .

2. Good scalability and businesses outside the financial management association
is our core business structure, financial management through the INTERNET / INTRANET in different business units and business links established between the associated traffic, in order to achieve business data sharing, improve the value of information.

3.

If centralized management of multiple currencies, as a large multinational groups, many of its businesses are related to foreign currency transactions, there are dollars, euros, pounds and so on. In this way, the company is facing a foreign exchange risk management. Through the network of financial management, fixed exchange rates between different currencies, floating exchange rate the way the different rates; the same time, the financial data of some units not only be reflected in a main currency may also be reflected in other currencies.

4. Network to achieve the financial accounting
dynamic network environment for all financial activities are available online management, based on dynamic financial information, companies can respond in a timely manner, analyze financial data, forecasting sales, profits, sales price, purchases, etc., to develop appropriate planning and effective control.

5. Network to achieve the financial management of the centralized control and remote branch offices
Group's total unity between the subject system can be used and the coding principle, can provide the supply, production and marketing of basic information, thus unifying the whole group financial management system and reporting formats. Within the network to integrate the use of centralized management, integration management. Network Finance to centralize management of large enterprise groups, is conducive to financial controls, to solve the current financial computerization can not handle the problem.

VI Conclusion
network to improve the financial management of the level of financial management for the Group to quickly and accurately to provide basis for decision making; in the network platform with the support of the financial management of the Group from the system and method for continuous innovation, financial management, decentralization, target diversity, and strengthen the role of information analysis. Of course, the implementation of the financial management of the network needs to be a lot of foundation work, first of all, the units need to organize the company's historical data, unified operations reflect the accounts, the establishment of standard management reports within the group; Secondly, the supply of goods to the external , the various units within the Group to establish a unified coding; Finally, the need for information system support, there is no information system, network-based financial management can only be a castle in the air!

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