Fan Jun
(Shanghai Publishing and Printing College, Shanghai 200093)
Abstract: Against the backdrop of accelerating global economic integration and digital transformation, enterprises' demands for financial management are increasingly heightened. The traditional decentralized financial management model can no longer meet the operational requirements of high efficiency, precision, and low cost. Financial Shared Services (FSS) has emerged as an innovative model for corporate financial management, enhancing operational efficiency and reducing costs through centralized processing, standardized workflows, and the application of intelligent technologies, thereby driving the upgrade and optimization of financial functions. However, with the continuous changes in market conditions, deeper application of new technologies, and adjustments in corporate organizational structures, this model still faces numerous challenges in practice. Therefore, this paper explores these issues to seek coping strategies and optimization pathways. First, it delves into the relevant aspects of the financial shared services model; second, it focuses on four key perspectives—digital technology empowerment, the business scope of financial shared services, risk control and compliance management, and organizational and management innovation in financial shared centers—to explore new pathways for financial shared services practices in the new era; finally, it calls for enterprises to further strengthen the deep synergy between finance and business, enhance overall operational efficiency, and accelerate the upgrade and transformation of financial management models.
Keywords: new era; financial shared services; service model