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University Financial Management Optimization Based on Financial Shared Services Theory-A Case Study of Hechi College

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Title: University Financial Management Optimization Based on Financial Shared Services Theory-A Case Study of Hechi College

Author: Wang Hua

Advisor: ดร.จิดาภา ชลธารรัตนพงศ์ – Dr. Jidapa Chollathanrattanapong

Degree: Master of Business Administration

Major: International Business Management

Faculty: บัณฑิตวิทยาลัย (Graduate School)

Academic year: 2567 (2024)

Published: The 8th STIU International Conference “TechVision Leadership: Fostering Social Sustainability” July 4-5 2024 (pp.61-72)  Proceedings  PDF


Abstract

In order to realize the functional transformation of university finance in the big data Internet environment, it is necessary to comprehensively promote the construction of university financial informatization.

This study took Hechi College as a case study, The research objectives were: (1) To analyze the current state of financial management of Hechi College and explore the problems of financial management; (2) To build an overall framework of Financial Shared Service Center for this college by using the SPORTS model.

The documentary research method was adopted to analyze the optimization impact of the financial shared service center on the financial management of the College. The study reviewed the financial shared services theory, the business process reengineering, and examined the current research status of scholars at home and abroad. This study found that: (1) At present, the informationization construction of Hechi College is in the state of separate administration, the internal control mechanism of financial work is weak, the control lags behind, the degree of information sharing is low, and the financial information system is weak in analyzing and decision-making ability; (2) Based on the SPORTS model, the construction goal of a financial shared service center of Hechi College was determined, and the construction site, process scope, organizational structure, policy and system construction, technical support and service needs were selected. A financial shared service center integrating financial, personnel, teaching and logistics data was built.

Recommendation: (1) Conduct a further in-depth study on the integration and fusion of business and finance; (2) Strengthen the network security of the Financial Shared Service Center. (3) Strive to create a more reasonable, more perfect, more in line with the development of university financial management information technology model, to ensure the healthy and sustainable development of colleges and universities.

Keywords: university financial management, financial shared service center, Hechi College


University Financial Management Optimization Based on Financial Shared Services Theory-A Case Study of Hechi College /

6517195011 Wang Hua 2567 (2024) University Financial Management Optimization Based on Financial Shared Services Theory-A Case Study of Hechi College สารนิพนธ์ (Independent Study), Advisor: ดร.จิดาภา ชลธารรัตนพงศ์ – Dr. Jidapa Chollathanrattanapong, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration, International Business Management, Bangkok: Siam University