Author(s)

Bailing Dou

Corresponding Author

Bailing Dou

ABSTRACT

Financial sharing center is an innovative way of financial management. Enterprises handle the accounting business of multiple different countries and regions in a shared service center. In this way, the financial process and business process are standardized, and the enterprise management structure is optimized, thus enhancing the core competitiveness of the enterprise. At present, most manufacturing enterprises begin to build financial sharing centers to realize the unification of financial information. Taking Midea Group as an example, this paper analyzes the application effect of financial sharing centers to provide suggestions for the construction of financial sharing centers for other manufacturing enterprises in China to promote the development of Chinese manufacturing enterprises.

KEYWORDS

Midea Group, financial sharing, factor analysis method