With the rapid development of information technology and economic development of the national economy, how to use new information technology to optimize and upgrade the financial management of enterprises, how to use the contemporary social environment to create a good structure suitable for enterprise development, enterprises have been pursuing cost reduction, How to reduce costs and improve efficiency has always been a serious issue for enterprises. The emergence of the financial sharing center has solved these problems very well. This is a business transformation tool for financial transformation based on information technology. The existence of various advantages has enabled it to be practiced and applied in more enterprises. This article mainly takes the practice of Baosteel Group's financial shared service model as an example, in-depth analysis of the huge contribution of this model in reducing operating costs, improving business efficiency and promoting the development of core business, and comparing compatibility Poor, high risk control and far away from the head office and other issues to provide relevant suggestions, in order to promote the better development of Baosteel Group and provide some lessons for other companies that have not achieved this model.
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