Hisense: Multinational Financial Excellence

In 2024, with revenues exceeding $29.49 billion (including $13.98 billion from overseas markets), Hisense showcases how technology – driven treasury solutions fuel global growth, setting a benchmark for cross – border financial excellence.

1. Global Capital Visibility: Transparency Across Borders

• Automated Global Tax Calculation: The system auto-calculates income tax, VAT, and other taxes for 8 regions, including the U.S., Germany, and Japan, while generating compliant tax vouchers.
• Localized Compliance: Overseas subsidiaries use an English interface, and local tax agencies leverage system-generated reports for efficient review and filing.
• Centralized Group Control: FS’s finance team monitors tax provisioning, filing, payments, and refunds worldwide in real time, with unified analytics for tax burden optimization.

2. Global Resource Allocation: Smart, Efficient, and Strategic

• Time & Tool Synergy: A global banking calendar system enables 24/7 cross-time-zone operations. By leveraging over 30 overseas financing and investment tools, Hisense optimizes its capital structure, reducing costs and enhancing returns.
• Fund Pooling & Trade Integration: Local/cross – border fund pools in key regions centralize liquidity management. Integration with platforms like 360T, FXALL streamlines forex transactions, mitigating currency risks and accelerating cross – border fund flows.
• Business – Aligned Allocation: With quota management across 11 business types, resources toward high-growth areas (e.g., R&D and market expansion), ensuring full alignment with global strategic priorities.

3.Kingdee’s Role: The Technology Enabler

• Customized Solution: Kingdee’s platform integrates cash visibility, resource optimization, and risk control into a single, intuitive system.
• Visual Dashboards: Offer real – time overviews of global cash positions, simplifying CFO – level decision – making.
• AI-Powered Insights: Leverage AI to automate resource allocation, improving capital efficiency by over 30% (based on internal benchmarks from Hisense).
• Compliance-Built Architecture: Ensures alignment with international financial standards, supporting Hisense’s global expansion with regulatory confidence.

Why It Matters for Global Businesses

• Scalability: The solution grows with Hisense, adapting to new markets (e.g., emerging economies in Southeast Asia, Africa) and business lines (e.g., smart tech, IoT).
• Efficiency: Eliminates manual workflows, lowers transaction costs, and accelerates cross-border operations—essential for multinationals in competitive sectors such as consumer electronics and appliances.
• Compliance: Meets global regulatory demands, a must – have for enterprises operating across jurisdictions (e.g., EU, ASEAN, Americas).