Open AccessRETRACTED: Application and Management of Financial Sharing Under the Background of Big Data Era
Author(s) -
Lingqi Xue
Publication year - 2021
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1881/3/032024
Subject(s) - accounting management , financial management , business , finance , service (business) , strategic financial management , financial services , financial modeling , process management , accounting , marketing , strategic planning , accounting information system
With the advent of the big data(BD) era, financial information and group financial management have shown new characteristics. BD technology also provides support for the construction of shared centers. The establishment of financial shared service centers is the future development direction of large and medium-sized enterprises. The purpose of this article is to study the application and management of financial sharing under the background of the BD era. This article is the development trend of financial shared service center under the background of BD. It briefly described the development and evolution of financial shared services, and pointed out the challenges and future development trends of the construction of financial shared service centers under the background of BD. This article discusses the principles, objectives, overall planning, specific design and issues that should be paid attention to in the construction of the group’s financial shared service center under the background of BD. This paper proposes the framework model and process design of group capital management. Taking the framework model of the financial shared service center under cloud accounting as the core, build a group fund management framework model based on financial shared services under cloud accounting, and then further develop process design for fund budget management, fund control management, fund supervision and management, and fund assessment management. At the same time, it analyzes the causes of the group’s existing personnel career planning and high operating costs, proposes solutions, and investigates the development trend of the financial shared service center. Research shows that the audit error rate of the financial shared service center of surveyed companies in 2014 was 1.27% to 0.57% in 2018. It can be seen that the audit error rate basically fluctuates, which further verifies that the financial shared service center has strict requirements for internal management. The internal service level of the Financial Shared Service Center is continuously optimized and improved.