The Theory Of Financial Centralized Management Of Enterprise Group

　　 (1) the connotation of financial centralized management of enterprise groups.

So-called Finance centralized management With the help of modern network communication technology, the financial data system and information sharing mechanism of group and member units should be established so as to implement centralized monitoring in strategy, integrate financial internal resources, guard against decision-making risks and improve efficiency.

　　 (two) the necessity of centralized financial management of enterprise groups

1., from the perspective of capital operation of enterprise groups.

Enterprise groups use financial centralized management internally. Monitor The functions of the group make the funds of the subsidiaries in the group to be lawful, safe and effective, so as to check the corresponding plans, contracts and other information. Reasonable funds Effective use, so that the operation of all subsidiaries of the group under the supervision of the group, improve the company's decision-making ability.

For enterprises, capital is the blood of enterprises. Healthy capital is the foundation of their survival and development. To invigorate enterprises and enable enterprises to remain invincible in international competition, we should strengthen the management of funds. With the development of enterprise groups and the implementation of diversification strategy, subsidiaries have been established. However, some subsidiary companies rely entirely on their parent companies to support their operations. The overseas window enterprises, from their own interests, are unwilling to raise funds and develop their businesses locally. They rely on their parent companies for a long time to supply their goods and take up the payments of their parent companies, thus affecting the capital turnover of their parent companies. In order to narrow the gap, our enterprises must have a sense of group capital management and adjust their capital functions. Enterprises solve this problem by implementing the international mode of centralized financial management. After implementing centralized financial management, a large number of enterprises collect funds that are temporarily idle and scattered by companies in the group by way of deposit absorption, and then allocate loans to the companies that need funds in the form of loans so as to realize the mutual adjustment of funds in the group. Through the withdrawal of funds and the dispatch of funds, the group participates in the management of subordinate companies from a higher level and strengthens capital management. At the same time, it is helpful for leaders at all levels to raise their understanding of the time value and cost of capital, promote the attention of all units to economic accounting, and make rational and effective use of funds.

2., we should focus on the financial centralized management in the light of the goals and direction of the development of enterprise groups.

At present, accounting information in enterprises and even administrative institutions is distorted. There are a large number of information islands in the group, information isolated islands among different branches, and lagging behind the group information, such as lagging behind the reports, so I think this is a problem facing the management of the group enterprises. Financial management out of control is a major problem that needs to be solved urgently in the current reform and development. At present, the headquarters of the group enterprise is facing the following problems: information distortion, information lag, monitoring difficulties, and high cost of information management. How to change the management of group enterprises? The best mode at present is centralized management. A senior director of McKinsey said, "one of the biggest progress of MNCs compared with the group enterprises in China is that they have achieved centralized management, and the centralized management of finance" is the main achievement. In order to provide timely, truthful, efficient and reliable information, enterprises have to choose a centralized financial management mode. Enterprises can concentrate their financial information on the headquarters of the group through the implementation of centralized financial management, so that they can understand the production and operation of each subsidiary organization in a timely manner, and achieve the degree of implementation of the implementation plan of the group headquarters policy, or make strategic adjustments to the enterprise group's plan according to the actual situation of the development of the subsidiary company, so as to make the funds and costs of the parent company's subsidiary company more effectively control, ensure the smooth operation of the production and operation of the subsidiary company, so as to ensure that the parent company implements effective control over the subsidiary company, and ensures that all activities of the subsidiary company serve the interests of the whole enterprise group, so as to realize the maximization of the company's target profit. In order to solve the problem of asymmetric information and maximize the company's overall interests, it is the development goal of enterprise groups.