Analysis on Application of Financial Sharing in Group Company Management
Financial sharing is one of the tools used by large group companies for centralized management of dispersed ownership enterprises.In the process of adding a company,there may be some management difficulties such as the increased labor costs due to personnel redundancy,and some fraudulent practices of ownership companies,which are difficult for the group company to detect.The rise of financial sharing has its own theoretical foundation and advantages in business management.In the fierce market competition at home and abroad,financial sharing helps companies reduce costs,increase efficiency,ensure the timeliness and reliability of financial data,and gradually enters the public view and gain recognition from the management layer.At the same time,with the support of national policies,it has become an important way of financial management for large group enterprises.However,during the implementation process,there are still some problems such as talent loss and data leakage.The author proposes corresponding suggestions from a practical perspective,hoping that the company can play a greater positive management role in financial sharing during its operations