Problems and Solutions of Financial Management Transformation under the Establishment of Financial Shared Service Center

Abstract

This paper starts from elaborating the importance of Financial Shared Services, and then analyzes financial management-related risks faced by enterprises in establishing financial sharing centers. Also, it puts forward the advice of improving Financial Shared Services in application. This paper aims to improve enterprise’s effectiveness and efficiency of financial management work during and after the establishment of Finance Shared Service Center (FSSC).