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The Fortune 500, Central and State-owned Enterprises, leading private enterprises… they all choose Kingdee Finance Cloud

  • 18 Jul 2024
  • 12 mins read

Deeply cultivating financial management, Kingdee insists on intelligent leadership, embracing AI technology, and redefining financial digital transformation; it adheres to professional empowerment and collaborates with large enterprises to create world-class financial management.

All the way, Kingdee Cloud Financial Cloud has made many great friends across various industries, and is becoming an increasingly popular choice for large enterprises such as Fortune 500 companies, central state-owned enterprises, and leading private enterprises to build world-class financial management.

 

From “Financial Sharing” to “Financial Middle Platform”

Co-creating new momentum for finance development through digital governance.

WZ Group X Kingdee Cloud

To promote high-quality development of enterprises and seize opportunities in the digital age, Wucai Zhongda collaborates with Kingdee, using financial sharing as a lever to enhance financial value creation and empower the Group’s digital operations and business insights. WZ Group has built a financial shared service platform based on the principles of “flexible front office, unified middle office, and stable back office.” Adhering to the standardization and normalization of business and financial processes, it integrates control norms into the business process flow, simplifies complexity, seeks the essence of control, and collaboratively develops standardized processes and accounting schemes across the group. This promotes the transformation of financial organizational functions, optimizes the business process flow, improves data governance, constructs an integrated system of business, finance, taxation, and resources, and enhances digital control capabilities.

 

Shudao Group X Kingdee Cloud

Shudao Investment Group earnestly implements the spirit of documents such as the State-owned Assets Supervision and Administration Commission’s “Guiding Opinions on Accelerating the Construction of a World-Class Financial Management System for Central Enterprises” and the Sichuan Provincial State-owned Assets Supervision and Administration Commission’s “Guiding Opinions on Promoting the Improvement of Financial Management in Provincial Enterprises,” actively exploring effective paths to promote the digital transformation of finance through financial sharing. Joining hands with Kingdee, Shudao Group uses Kingdee Cloud Cosmic as the unified foundation for its financial sharing platform, integrating with the Kingdee Cloud application to connect business and finance, supporting the group’s comprehensive coverage of all business sectors and enabling the group’s rapid development through financial digital transformation.

 

Guangdong Airport Authority X Kingdee Cloud

By establishing a financial shared service center, the Guangdong Airport Authority has built a management system that integrates strategic finance, operational finance, and shared finance, promoting the transformation of financial organization and personnel capabilities. The finance departments of the group and various units strengthen the management accounting functions to support strategic finance and business finance, promoting the transformation of the finance function from “accounting-oriented” to “strategic control-oriented” and “value creation-oriented.” The finance shared center enhances accounting and financial functions, providing member enterprises with centralized, standardized, and intelligent financial services such as accounting, cash settlement, and report preparation.

 

Kingdee Cloud X Kingdee Group

Jindi Group and Kingdee are engaging in comprehensive and in-depth cooperation. Both parties aim to enhance system integration, integrate business and finance, eliminate information silos, and strengthen decision support. They are overcoming challenges such as multiple data governance items, numerous related systems, and the difficulty of business sorting. Based on Kingdee Cloud · Cangqiong and Kingdee Cloud, they are building a business and finance middle platform to create a group-level universal business and finance foundation. Through financial sharing, they aim to improve system integration, promote process standardization and intelligence, comprehensively enhance the level of refined financial management, achieve a high degree of integration between business and finance, and continuously create value.

 

China Jinmao X Kingdee Cloud

Through the digital employee “Jin Xiaobei” powered by Kingdee, China Jinmao has achieved intelligent applications in multiple scenarios such as shared customer service, shared promotion, and intelligent archiving, reducing financial operation costs and improving business processing efficiency and accuracy. At the same time, based on Kingdee’s GPT + AI + rule engine technology, it has realized the ability to understand unstructured attachments, assisting in the manual analysis of key points in financial review within document attachments and identifying risks. In addition, with the AI management assistant, analysis reports are no longer fill-in-the-blank exercises based on fixed text, but are generated with one click, including a table of contents, structure, numbers, charts, and textual analysis.

 

Genertec International X Kingdee Cloud

Guided by the spirit of building a world-class enterprise, and under the guidance of the “1699” strategic plan and the “i-score+” system of the General Technology Group, General Technology International collaborates with Kingdee to build a digital and intelligent financial management and control system based on Kingdee Cloud and Kingdee Cloud Cosmic. This system not only achieves scenario-based, standardized, and regulated financial shared management, enhancing the ability to create financial value and supporting cost reduction, efficiency improvement, and business innovation empowerment, but also plays an important benchmark role in the financial intelligence upgrade of the entire General Technology Group, and has been awarded the “2023 China Financial Digital Transformation Enterprise Award.”

 

Chongyao Group X Kingdee Cloud

With the accelerated advancement of finance digital transformation, a higher quality of heavy medicine is on the horizon. In terms of the effectiveness of intelligent finance practices, the Chongqing Pharmaceutical Group’s intelligent finance cloud platform achieves full coverage of business scenarios such as expense reimbursement, payment applications, receipt claims, and analytical reports. User engagement and satisfaction have significantly improved, with approximately 6,884 daily active users on the financial middle platform system. In empowering business performance, Chongqing Pharmaceutical Group has standardized a total of 104 various business processes, basically achieving system standards, full process coverage, and organization-wide implementation.

 

Zhongjin Lingnan X Kingdee Cloud

In terms of financial sharing construction, Zhongjin Lingnan Nonfemet has created a digital, value-oriented financial sharing cloud platform. This supports the “first-class financial” Management System through the establishment of a financial data center and a financial sharing application center, as well as the integrated enhancement of five major capabilities in financial digitization: “forecasting, operations, finance, taxation, and resources.” This supports the company’s vision of building a world-class, multi-metal international resource company with a scale of hundreds of billions.

 

Building a World-Class Treasury Management System

China Merchants Group X Kingdee Cloud

China Merchants Group collaborates with Kingdee to utilize the Kingdee Cloud · Starry Sky Treasury Management Solution to create an intelligent, integrated, and global value-creating treasury management information system. The construction of the treasury system will serve as a starting point and breakthrough for promoting the digital transformation and upgrading of financial management, restructuring the management system of internal cash and other financial resources, achieving a unified network, a single treasury, and a single pool across the entire group, and accelerating the establishment of a world-class financial management system.

 

Guomao Co., Ltd. X Kingdee Cloud

Based on the Kingdee Cloud Treasury Management Platform, Guomao Co., Ltd. has improved cash management efficiency and effectiveness from the aspects of business efficiency, integration of business and finance, real-time data, and process optimization, achieving the goals of cash visibility, knowledge, control, and collaboration. Recently, Xiamen ITG Group successfully completed the first “instant letter of credit” fully online process with CITIC Bank, becoming the first company in the Xiamen area to initiate the entire process of letter of credit issuance, document submission, acceptance, and payment through the treasury system, truly achieving “automated instant credit use” throughout the entire process. The first order of “instant letter of credit” full process online implementation of letter of credit business has been successfully implemented at Guomao Co., and it is also a typical demonstration of Kingdee Cloud SaaS product supporting Chinese enterprises going global.

 

Hisense X Kingdee Cloud

Kingdee Cloud assists Hisense Group in building a treasury based on the “middle platform architecture,” taking the lead in applying advanced technology platforms and cutting-edge technology routes. It creates the best practice model for building a treasury based on the Financial Middle Platform, helping financial management move towards business, go global, and enable empowerment, supporting Hisense’s efficient business-financial collaboration, global resource allocation, and deep digital intelligence empowerment.

 

Shagang Group X Kingdee Cloud

Kingdee Cloud Capital Cloud supports the treasury management of Shagang Group, facilitating the entire process from the formulation of capital plans, integration and control with front-end business systems, to payment scheduling and direct bank-enterprise connections. This achieves online management of the group’s bank accounts, online settlement reconciliation, online direct connection of invoices and certificates, and online investment and financing services, resulting in comprehensive capital management. The overall settlement efficiency of the group’s funds has improved, and the risks associated with income and expenditure settlements have decreased, aided by precise data analysis to support financing decisions.

 

Ruijin Hospital X Kingdee Cloud

Ruijin Hospital, affiliated with Shanghai Jiao Tong University School of Medicine (hereinafter referred to as: Ruijin Hospital has always benchmarked against top-tier standards, accelerating the digital transformation and upgrade of financial management. It has established the first panoramic smart treasury in a public hospital in the country, with Kingdee participating in the co-construction, jointly creating a new benchmark for intelligent financial management in the industry. Joining hands with Kingdee, Ruijin Hospital is building a panoramic smart treasury by actively utilizing emerging technologies such as cloud computing, big data, and RPA to tap into data value and enhance automation levels. The goal is to establish a multi-dimensional treasury management model that is “visible, manageable, and usable,” standardize fund operations, optimize resource allocation, ensure operational needs, and make fund transactions more efficient, report generation more timely, risk control more effective, and decision-making more precise, thereby empowering the hospital’s value creation through digital intelligence.

 

Building a high-quality enterprise Performance Management platform.

China Merchants Group X Kingdee Cloud

On December 11, 2023, the China Merchants Group’s “Zhaocai Consolidation” intelligent consolidated reporting system officially went live, signifying that with the support of Kingdee, the China Merchants Group has built a standardized, refined, intelligent, and integrated reporting application that encompasses financial report preparation, financial data analysis, and financial information management, advancing its financial management level into a new digital era.

 

Shenzhen Metro X Kingdee Cloud

Based on the Kingdee Cloud new generation EPM intelligent consolidated reporting system, Shenzhen Metro, grounded in the current state of financial management, has promoted the construction of a unified platform for consolidated reports across the group that ensures “high-quality collection of basic data, efficient processing of the consolidation process, and accurate issuance of financial reports.” This platform meets the group’s external data disclosure and internal management needs, creating a closed loop of business and financial information to enhance efficiency and empower the enterprise.

 

Mona Lisa X Kingdee Cloud

Partnering with Kingdee, Mona Lisa has fully integrated the financial and business sides using the Kingdee Cloud comprehensive budget management system, completing the entire process loop from strategic goals to budget breakdown, budget execution, budget adjustment, and budget analysis. After the comprehensive budget management system goes live, the Finance Department can formulate budgets based on the group’s development strategy, operational goals, and management requirements, and then distribute them to various business segments. Meanwhile, the business departments can promptly provide feedback on frontline market sales through the digital system, making budget management more refined and precise.

 

Shudao Group X Kingdee Cloud

Joining hands with Kingdee, based on Kingdee Cloud, Shudao Group builds a smart financial shared and comprehensive budget system to achieve standardized accounting and reporting systems, ensuring consistency in financial data standards. The comprehensive budget system has officially launched at Shudao Investment Group, covering over 400 company entities within the group and building an interconnected intelligent comprehensive budget management system.

 

Together, we will usher in a new era of smart tax.

Guangxi Beitou X Kingdee Cloud

The Beitou Group Smart Tax Management Platform involves the management of tax-related data for value-added tax, corporate income tax, consumption tax, stamp duty, property tax, urban land use tax, and water conservancy construction fund, as well as the preparation of tax calculation working papers, tax declarations, and tax risk control and statistical analysis. Relying on the overall Finance and Taxation solution centered around Kingdee Cloud, we will establish an integrated management control platform for the group, achieving standardized and efficient tax coordination and control, and building a complete information support platform for Beitou Group and its core enterprises.

 

New Hope Group X Kingdee Cloud

Through the Kingdee Cloud Smart Tax Solution, the Xin’ao Group has achieved standardized, automated, and compliant tax management throughout the entire process from accounting to declaration. Currently, the smart tax platform has covered over 1,000 subsidiaries of the Xin’ao Group, realizing risk control through data and value creation through data, establishing a comprehensive tax empowerment system.

 

Zhejiang Communications Investment Group X Kingdee Cloud

Based on Kingdee Cloud, Zhejiang Transportation Group adheres to the system construction concept of integrating finance, business, assets, and tax. In the processes of expense reimbursement and AP, it embeds invoice collection, automatic verification, and automatic processing of price and tax data, bringing tax risk control points and data collection points to the business end, effectively controlling tax-related risks. At the same time, features such as automatic tax calculation and one-click tax reporting make the tax operation process more compliant and efficient.

The new quality of productivity is thriving, and building a first-class finance department is timely. Kingdee Cloud hopes to continue providing better digital products and services for large enterprises in the future, assisting more large companies in establishing world-class financial management, and jointly striving for a more intelligent and better new future amidst technological and management transformations.

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