Author(s)

Derong Wang ¹

Affiliation(s)

¹ Claro M. Recto Academy of Advanced Studies, Lyceum of the Philippines University, Manila, Philippines

Corresponding Author

Derong Wang

ABSTRACT

The world has now entered the era of digital economy. Against the backdrop of widespread adoption of information technology by both government departments and enterprises, financial shared services have gradually become a significant trend in optimizing financial management and enhancing operational capabilities for small and medium-sized enterprises (SMEs). This paper focuses on the application of financial shared services in optimizing SME financial management. Through systematic analysis of relevant theories, it elaborates on the characteristics and existing challenges in SME financial management, explores the application models, key implementation considerations, and challenges of financial shared services. Furthermore, it conducts an in-depth analysis of the notable outcomes achieved through financial shared services in cost control, management efficiency, and strategic decision-making support. The study aims to provide valuable references for optimizing financial management practices in SMEs and strengthening their competitive advantages in the market.

KEYWORDS

Financial sharing service, optimization, Small and medium-sized enterprises, Financial management  Benefits

CITE THIS PAPER

Derong Wang, Using Financial Sharing Service to Optimize the Financial Management of Small and Medium-Sized Enterprises. Accounting and Corporate Management (2025) Vol. 7: 132-137. DOI: http://dx.doi.org/10.23977/acccm.2025.070119.

REFERENCES

[1] Li F F. The construction and application of Financial sharing Service Center in small and medium-sized enterprises. Journal of Pu 'er University, 2023,39(5):24-26.
[2] Liu Yan-shuang. Analysis on the application of financial sharing in enterprise financial management. Information of Economic and Technical Cooperation, 2024(1):0187-0189
[3] SHI Xinshu. Research on the application of financial sharing Service in enterprise Cost control. China Collective Economy, 2024(1):77-80.
[4] Zhu W S. The application of financial sharing service system in the financial management of state-owned enterprises. Chief Financial Officer, 2023,19(8):189-191
[5] Chen, Z. The Development and application of financial sharing service center in multinational companies -- Taking Suning Shopping as an example . National Circulation Economy, 2024(4):57-60.

Sponsors, Associates, and Links

---

• Information Systems and Economics
  
  
• Accounting, Auditing and Finance
  
  
• Industrial Engineering and Innovation Management
  
  
• Tourism Management and Technology Economy
  
  
• Journal of Computational and Financial Econometrics
  
  
• Financial Engineering and Risk Management
  
  
• Social Security and Administration Management
  
  
• Population, Resources & Environmental Economics
  
  
• Statistics & Quantitative Economics
  
  
• Agricultural & Forestry Economics and Management
  
  
• Social Medicine and Health Management
  
  
• Land Resource Management
  
  
• Information, Library and Archival Science
  
  
• Journal of Human Resource Development
  
  
• Manufacturing and Service Operations Management
  
  
• Operational Research and Cybernetics