With the continuous deepening of "Internet +" and mobile Internet, enterprises must embrace information technology to maintain their leading position in the fierce market competition. Traditional financial management systems often have many problems, such as waste of resources, low efficiency, high error rate, etc., which seriously restrict the development of enterprises. In this context, enterprises urgently need to innovate their financial management models to improve resource utilization efficiency, reduce costs and improve work efficiency. The emergence of the Financial Shared Service Center (FSSC) is precisely to solve these problems. It realizes the modernization and efficiency of financial management by centralizing the financial functions of enterprises. The core advantage of the Financial Shared Service Center is that it can centralize the financial functions scattered in various departments of the enterprise through cutting-edge information technology, such as cloud computing, big data analysis, artificial intelligence, etc., and manage and process them in a unified manner. This centralization can not only reduce the duplication of human resources and reduce the operating costs of enterprises, but also improve the accuracy and efficiency of financial management. In addition, FSSC can also reduce unnecessary work links and improve the transparency and traceability of financial data through process reengineering and standardization, thereby providing more accurate and timely information support for corporate decision-making. Take Huawei as an example. As a world-leading communications technology company, Huawei is also at the forefront of the industry in financial management. Huawei's financial shared service center has achieved globalization and standardization of financial management by integrating global resources, which not only improves the efficiency of financial management, but also enhances the global competitiveness of enterprises. Through an in-depth analysis of the operating results of Huawei's financial shared service center, we can find that the key factors for its success include but are not limited to: advanced information technology applications, efficient process management, strict quality control, and continuous innovation and improvement.
This article hopes to provide strategic inspiration and practical experience for peers through a case analysis of Huawei's financial shared service center. When building and operating their own financial shared service centers, enterprises can learn from Huawei's successful experience and combine their own actual conditions to develop a financial management model that suits them. This can not only help enterprises improve the efficiency and quality of financial management, but also lay a solid foundation for the long-term development of enterprises. With the continuous advancement of technology and the changing market environment, the Financial Shared Service Center will continue to play an important role in corporate financial management and become a key force in promoting the continuous innovation and development of enterprises.
Through various methods such as literature review, comparative analysis and case study, this study thoroughly combs and integrates relevant academic theories and real-world insights into the functioning of financial shared service centers worldwide and within the country, and combines economies of scale theory and resource integration theory. This thesis comprehensively summarizes the impact of the work of Huawei enterprise in building its financial shared service center infrastructure, its operating status and effects, as well as existing problems, laying the groundwork for the following analysis. In the case analysis, the initial part expounds on the construction and operational condition of Huawei's financial shared service center. Then, the effect of Huawei's operation of the financial sharing service center is analyzed in a multi-dimensional data analysis, which shows that the effect after operation is remarkable. Finally, successful experience are put forward. The comparative analysis method is to compare and analyze the operating cost, financing cost, fund utilization rate and investigate the financial indicators before and after the establishment of Huawei's financial shared service center, and analyze its operational effectiveness and specific impact on the company's financial performance.After a comprehensive multi-dimensional analysis, it can be seen that the construction of Huawei's financial sharing service center has significantly improved the company's financial performance and outstanding operational performance. Through extensive research on Huawei's financial shared service center, its successful operational experiences have been distilled, so as to help peers obtain strategic inspiration and practical operation experience guidance when constructing and operating their own financial sharing service center.