Introduction
Country Garden was founded in 1994 with only 5 employees and began its development by acquiring a “Country Garden” project. It was listed in 2007 and has nearly 20 employees, bringing a modern urban look to more than 1,200 towns and cities, and has been listed on the Fortune Global 500 companies.
background
Country Garden has more than 1,700 financial accounting units in the whole group, and the real estate business alone can be divided into 32 regions and 9 first- and second-tier city companies. There are also 10 business units such as property companies, hotels, and schools, involving listed companies and non-listed companies. There are many accounting units, a wide range of sectors, and the financial system of any unit in multiple regions is a severe test.
Solution
After listening to Country Garden’s needs, Yonyou proposed the Financial Sharing Center. The so-called shared service refers to the management model of separating the accounting, fund settlement and statement compilation of the affiliated company through the effective integration of financial personnel, business and processes, and centralizing the financial shared service center according to the unified process and standards. Through the accounting model of professional division of labor, standardized operations, and automated processing, work efficiency, work quality, and job satisfaction are improved. This service system effectively integrates financial personnel, financial business and financial processes, so as to streamline personnel, more professional accounting services, centralized accounting and settlement, and streamline business processing.
The construction of the financial sharing center has brought the following values to Country Garden:
- In terms of standardization, Country Garden has unified the expression of a large amount of content and text, and uniformly encoded past data
- In terms of cost, a lot of trivial work began to be concentrated, coordinating with various departments for marketing, contract management, tax calculations, etc
- In terms of management, due to the standardization of the application of this system, the authenticity of financial data has been greatly improved