General

With the continuous acceleration of the process of internationalization and the development of the international trade market, the business scope of foreign trade enterprises continues to expand, and massive resource information is constantly generated around the world. In order to cope with the timeliness of international trade information transmission, an overseas financial sharing center has been set up with regard to financial information. The purpose is to enable foreign trade enterprises to exchange domestic and foreign financial information in a timely manner and establish a more complete and effective financial information system.

If foreign trade enterprises want to improve their competitiveness, they need to constantly increase the demand for information and data, which means that they realize the convenience and economic benefits that the construction of overseas financial sharing centers can bring to foreign trade enterprises. Due to the complexity of international trade operation, there are also more risks in the construction of overseas financial sharing center.

The construction of financial sharing center is bound to break the traditional financial work mode for traditional foreign trade enterprises. So why should foreign trade enterprises build financial sharing?

Reason 1: The cost is increasing. With the expansion and development of foreign trade enterprises, those with subsidiaries and member companies will have financial functional departments, with high operating costs.

Reason 2: It is difficult to unify control. The differences in skills, location, team atmosphere, work mode, standards and specifications of employees in different positions will directly affect the efficiency of financial control of the group.

The third reason is that the value of data is difficult to play. For business, finance, tax, etc., the end-to-end data barriers have not been cleared, and there are management specifications, master data, and platforms that are not unified, which makes data insight weak.

The fourth reason is that the financial organization needs to be transformed. The fixed needs accounting and settlement work accounts for a high proportion and takes up too much work of front-line financial personnel. It is necessary to release work energy and shift the focus to the financial analysis and management financial work.

More and more foreign trade enterprises choose intelligent and integrated financial management platform for deployment in order to improve the quality and efficiency of overseas financial sharing and consolidate their own foundation. Why do you do this? On the one hand, realize the intelligent and visual approval of the whole process of industry and finance, improve the efficiency and transparency of the process, and provide strength support for overseas business risk prevention and standardized control; On the other hand, intelligent cost analysis provides more effective support for overseas business compliance and business decision-making. The deep integration of industry, finance and tax, data integration and enabling business, and the construction, operation and value of financial sharing are all constantly upgrading.

Enable intelligent manufacturing with software services to accelerate the digital transformation of "specialized, special and new" foreign trade enterprises

What is a "specialized and new" enterprise? Although the scale and scope of enterprises are not wide, they are an indispensable part of the industrial chain and the "leader" of the majority of small and medium-sized enterprises. With software services enabling intelligent manufacturing, Huacheng Foreign Trade Software is the key to assist the digital transformation and upgrading of specialized, special and new foreign trade enterprises, so that foreign trade enterprises can further realize the development of innovation, specialization, refinement, characteristics and novelty. The digital transformation and upgrading of specialized foreign trade enterprises is a systematic and targeted system project. It is not only necessary to deepen intelligent manufacturing capability with software and continuously improve product strength, but also to innovate digital management and get through the whole business process. In the final analysis, it is to avoid the weakness of the barrel and let the research, production, supply, marketing and finance control all fields.

Locating the operation pain points of foreign trade enterprises and insight into the demand trend

Most of Huacheng's foreign trade enterprises specialized in special new foreign trade prefer the flat management mode, so it is suitable for the management system of traditional foreign trade enterprises, but not completely suitable for specialized special new foreign trade enterprises. Therefore, there will be problems in the process of digital transformation. For example, there are many kinds of foreign trade software, but they are not suitable, and the cost performance is not high; Multi-software is parallel, distributed data cannot be connected, and it is difficult to realize resource coordination and cooperation; The digital capabilities of various departments are uneven, affecting the overall effect.

Many foreign trade enterprises have the problem of "urgent need, first construction". Different departments will give priority to the system that can help their business, which is beneficial to quickly obtain the optimal solution of the headquarters. This leads to frequent internal control compliance problems, such as weak correlation and integration between different systems, which is difficult to meet the integrity requirements of the main business evidence chain; Multi-system data barriers can not provide a basis for business decisions in time. This poses great challenges to the control and management of contract project accounts, costs, internal control, performance and rights and responsibilities.

Covering the whole life cycle and creating the digital transformation and upgrading engine

There is great flexibility in the setting of subjects. Each account can be personalized. Display items and accounting methods can be customized according to different needs. When the foreign exchange account is carried forward, it is carried forward item by item according to its detailed terms (that is, carried forward item by item according to the invoice number).

The financial data of Huacheng Foreign Trade Software can be queried by slicing and statistics by penetrating at will. For example, vouchers can be filtered and queried by different dimensions. Different time period dimensions, cross-account set dimensions, etc. The query results can also be saved as different format files. The output of statistical data is more detailed: income and expenses are subdivided into departments and business representatives, and the profit of each person is calculated.

Multi-language switching. The corresponding module name and display name are set according to their different languages, and their financial system remains unchanged.

Multi-currency settlement. In addition to supporting RMB as the functional currency unit, it also supports other foreign currencies as the functional currency unit. For example, it can be set to use USD as the functional currency unit.

Foreign trade software has strong performance. It adopts a large database structure and has the characteristics of stable data and fast operation.

Huacheng foreign trade software has strong applicability. It is flexible in use and operation, comprehensive and complete in information, consistent with the accounts and the financial system.

Set up multiple subsidiary account sets under the same group. When the group processes the reports of each subsidiary, it does not need to consolidate the reports. It can directly view the assets and profits and losses of each subsidiary.

Comprehensive report production function. In addition to all the general financial statements, it also includes enterprise quick reports, practical reports, such as: future cash analysis status statement, account age analysis table, profit ranking table of business representative, expense table, foreign exchange account receivable table, interest carry-forward of internal bank, currency fund daily report, expense analysis table, profit accounting by invoice and contract, etc.

Through the control of reimbursement, budget, funds, etc. of the whole business module, unified account management, including contracts, assets, pending amortization, etc., to achieve mobile approval; Value-added data sharing, task management, credit management, etc., to support the maximization of business value. Build a unified industry and wealth sharing portal, provide a visual industry and wealth data window, and improve user operation efficiency; Get through CRM, SRM, SAP and other business data to realize the deep integration of business and finance; Establish a reimbursement center to support the financial reimbursement of the whole business chain, and the reimbursement is centralized and shared; Integrate ecological service capabilities to create intelligent, convenient and safe industrial and financial sharing; Establish a platform base with high reliability, high security and high expansion to support the stable operation of sharing.