Discussion on the Effectiveness and Internal Control Characteristics of ZTE's Financial Sharing Model

DOI: https://doi.org/10.62517/jmsd.202512520

Author(s)

Wanru Huang

Affiliation(s)

Institute of Accounting, Guangzhou College of Commerce, Guangzhou, Guangdong, China

Abstract

Amid the deep integration of the digital economy and globalization, the financial sharing model serves as a key driver for multinational enterprises to optimize resource allocation, boost management efficiency, and strengthen compliance. This study takes ZTE’s digital financial transformation as a sample, tracing its path from ERP online reimbursement to a global financial cloud sharing center. Using case analysis, indicator comparison, and process-system analysis, it explores financial sharing’s impacts on management efficiency, capital control, information quality, and strategic empowerment, with a focus on the collaborative mechanism of the "information network alliance-flexible assessment-transparent centralization" 3D internal control framework. Results show the sharing platform, via process reengineering and data centralization, cuts management scale, improves asset turnover, and enables real-time global fund visualization; it mitigates risks through blockchain verification, intelligent early warning, and random assignment; the elastic indicator library and visual data hub enhance supervision, forming a replicable digital compliance system. Conclusions provide theoretical and practical references for large enterprises to build value-creation-oriented financial infrastructure.

Keywords

Financial Shared Services; Internal Control; Digital Transformation; Capital Management; ZTE

References

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