Author(s)

Chang CHEN

Corresponding Author

Chang CHEN

ABSTRACT

With the tide of digitalization, the global market competition is fierce, and new technologies such as “big data, intelligence, Mobile Internet, cloud computing and Internet of Thing(IoT)” have brought great opportunities and challenges to enterprises at the same time. How to grasp the convenience and opportunities given by the information age has become the top priority for enterprises to explore, and the concept of financial sharing has gradually entered the vision of managers. Taking TCL group as an example with the timeline of its establishment of financial shared system, this paper first introduces the establishment background of its financial shared system, and then presents the organizational structure and implementation effect of TCL financial sharing. Later, the existing problems of TCL Group's financial shared mode are expounded in the paper from the three perspectives of hidden dangers in the safety of the management system, restrictions on the comprehensive development of financial personnel and high construction costs, and countermeasures and suggestions are put forward to improve its financial sharing system.

KEYWORDS

Financial shared service center, Organizational structure, TCL