ABSTRACT

With the advent of the information and the digital age, the company’s economic development scale is getting bigger and bigger, and its development is getting faster and faster. While the number of company businesses is gradually increasing, they are also becoming more and more complex. We can use information technology to integrate business and improve operational efficiency. Therefore, a new model of process reengineering of the financial management system-the financial sharing center came into being. According to statistics, more than 400 companies among the world’s top 500 companies have prepared or have run financial shared service centers. The financial sharing center can not only reduce costs for enterprises, but also create profits for enterprises. This chapter takes SF Financial Sharing Center as an example to introduce its operating mode.