Financial Transformation and Business Finance Integration Under Financial Sharing Service Centres

Panagiotis E. Dimitropoulos () and Konstantinos Koronios
Additional contact information
Panagiotis E. Dimitropoulos: University of the Peloponnese
Konstantinos Koronios: University of the Peloponnese

Chapter Chapter 6 in Advanced Technologies in Business, Volume I, 2026, pp 131-152 from Palgrave Macmillan

Abstract: Abstract At present, many firms are undergoing financial transformation, shifting from accounting to management decision-making to help enterprises achieve greater value. Financial Shared Service Centre (FSSC) is an effective means of achieving financial transformation, which effectively realises financial centralisation to better clarify the respective work of financial and management accounting, better coordinate between departments and fulfil the management role of finance activities. This chapter discusses the theory and practice of financial integration based on FSSC and specifically on the successful application of FSS model in YDHX Group Company as a case study and examines the transformation process of financial integration based on financial shared services and proposes a reference for decision-making in the process of financial transformation. This chapter takes the Chinese YDHX Group as a case and explains the key processes of building a financial shared service centre and identifies the obstacles in the process of further realising financial integration, as well as the countermeasures to solve them.

Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pinchp:978-3-032-03480-9_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9783032034809

DOI: 10.1007/978-3-032-03480-9_6

Access Statistics for this chapter

More chapters in Palgrave Intersections of Business and the Sciences, in association with Gnosis Mediterranean Institute for Management Science from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().