Kingdee

Picture Name

Focus Media

Large enterprises

Products and Services: Focus Media was born in 2003. Its products and services cover elevator TV, elevator posters, crystal cinemas and final video stores. It covers more than 230 cities, more than 260 million terminals and more than 0.31 billion mainstream people in cities every day.

Focus Media: Landing EBC Digitalization in Depth

 

Customer Overview

 

Focus Media was born in 2003, the world's first elevator media, founder Jiang Nanchun. The largest urban life circle media network in China has been constructed, and the elevator media advertising mode has been created. The key to Focus Media's revenue exceeding 10 billion is to seize the core scene of [Elevator]. Focus elevator media, covering more than 230 cities and more than 2.6 million elevator terminals, was named [China's most brand-detonating media]].

 

Several expectations for the digital transformation of Focus Media: to match the expansion needs of the main businesses of elevator TV, elevator posters, crystal cinemas and final stores; To meet the needs of overseas expansion, sinking to second-and fifth-tier cities and high-speed expansion; To meet the systematic and standardized management of human and property.

 

However, on the road of transformation, Focus also faces many challenges. The high-quality resources of the building gradually decrease with the increase of competitors, the cost pressure caused by the extensive management during the high-speed expansion period gradually increases, and the standardization and intensification of the internal control process become increasingly urgent. When the equipment asset upgrade is in progress, the response speed of the supply chain becomes a bottleneck.

 

Business challenges

 

Multi-regional and multi-organizational model, weak group procurement and supply system

 

The focus procurement business is scattered in 21 procurement organizations across the country, and the personnel composition is relatively complex. There are many administrative part-time procurement personnel. There are irregularities in the understanding of procurement policies, supplier access, procurement sourcing and budget implementation. The original BPM system cannot carry out standardized management of these control points. Therefore, there is an urgent need to standardize the whole process of procurement business through the system, integrate the control of procurement business and budget, incorporate professional and special procurement into the system, and incorporate the whole business scenarios such as pledge of service lease contracts, deposit management and automatic amortization of new leases into the system. According to Mr. Yi, the purchasing director of the customer group, he has many management ideas that cannot be realized in the existing BPM system. It doesn't matter if people work hard, but they are afraid that the hard work is worthless and there are still many uncontrollable risks.

 

Organize the network layout of personnel, HR efficiency needs to be improved urgently.

 

At present, the organization and personnel of Focus HR adopt mesh matrix management. The existing FHR self-research system can no longer adapt to frequent personnel changes. The heavy maintenance work brought by 85 sets of salary schemes leads to great pressure on monthly salary calculation and salary payment. Due to the low efficiency of manual processing of frequent personnel changes, the standardized management requirements of ranks cannot be implemented in the original system, resulting in the failure to realize the management demands of grading and salary.

 

The accounting platform is backward, and it is difficult to meet the internal management and efficiency requirements of listed companies.

 

The amount of documents for expense reimbursement and travel reimbursement for focus is not large, but the amount of invoices corresponding to reimbursement is also large. Often, more than 100 invoices need to be pasted for one reimbursement form, resulting in a huge workload for reimbursement and financial review of invoices. The original BPM system can neither collect invoices and verify the truth and weight, nor can it be bound to the department quota and budget control, and can not realize the online payment of China Merchants Bank CBS. As a result, the process of lump sum fee, travel expenses and daily reimbursement is long, the audit, payment and voucher preparation of financial personnel are miserable, and the large amount of reimbursement has seriously affected the enthusiasm of front-line business personnel.

 

Solution

 

Standardization, integration and intelligence are the key to the digital transformation of Focus Media's operation. Kingdee Cloud System Platform, as the core of Focus Media's digital intelligence platform, provides core functions for the standardization of procurement management, the integration of human resources management and the intelligence of reimbursement management. It establishes a unified platform for Focus Media Group to control the three major sectors and realizes integration with OA, warehouse, leasing, finance, banking and other business systems, integrate the group's business flow, information flow and capital flow into one, improve the business response efficiency through the system, and realize the group's management goal of "centralized control, business collaboration, operation standardization, cost reduction and efficiency enhancement.

 

Establish a standardized procurement management and control system of the group, and form a compliant and efficient operation management and control mode.

 

At the group supplier management level, the process of supplier access and evaluation has been reorganized and formulated, forming an online management scheme for supplier access and exit, qualification review and post-procurement evaluation. After the system went online, buyers introduced suppliers with mixed quality and quality, and the problems of non-standard improvement and exit mechanisms caused by non-standard evaluation of suppliers were eradicated. Business departments generally reported that the services of suppliers had been greatly improved.

 

At the group procurement execution level, through a variety of system-customized sourcing methods, flexible combination of online and offline strategies to make the sourcing process more transparent. At the same time, a variety of internal control strategies are embedded to enable the Group's procurement internal control system to be implemented in the sourcing process. In the system integration of procurement budget at the same time, for the focus of service leasing contracts to achieve deposit, rent, deposit full scene coverage management, to achieve the new leasing standards automatic amortization industry financial integration management. According to Yang Zong of IT Department, "the digitalization of the whole procurement scene she envisioned has finally taken root in the crowd".

 

Establish an integrated management and control system of the group's HR and digital intelligence platform, and form a collaborative and efficient management and control mode with multiple systems.

 

Focus organization personnel use complex matrix management, IT department has been very skeptical about the use of standard suite products is suitable for focus personnel compensation management, so for many years has been using self-developed HR system. Through the reorganization of this project and the addition of some customized contents, it has completely surpassed the self-research system in terms of functionality and ease of use, and has thoroughly improved the collaborative integration with peripheral systems, realized the close coupling of personnel data with recruitment platform, unified authentication platform, salary data with bank-enterprise platform and financial platform, etc., and promoted the further integration of focus HR management at the same time, as Terry, the group's personnel director, said, "I didn't expect Kingdee to replace the focused self-research system so quickly and bring a better experience than before."

 

Establish the group's intelligent accounting management and control system, forming a convenient and refined management and control mode.

 

At the level of group fee control reimbursement management, combined with OCR identification of invoice cloud, automatic calculation of lump sum fee, automatic control of fee quota, mobile application on mobile phone, etc., while bringing greater reimbursement convenience to employees, it also seamlessly integrates group management demands such as bonus, budget, quota and bookkeeping, which has been widely recognized by ordinary employees and management as the first online content of the focus group. Ning Zong, vice president of Focus, only felt that Kingdee was "doing professional things for professional people" after the group's reimbursement platform was successfully launched ".

 

Project Value

 

1, the group's financial control tentacles are more extensive.

 

Through xinghan EAS dual-mode drive, the group's unified financial system accounting is solved, the group's accounting system is combined with personnel, supply chain, payable and other business systems, and the integrated application of industry and finance is realized. Through EAS budget and cost control system, the group's efficient and unified preparation of procurement and cost budget is realized, the group's control and supervision of controllable expenses are realized, and the implementation analysis of budget is realized.

 

2. Standardized and orderly human resources management of the Group

 

Through SHR system, unified management of the group's personnel organization structure, centralized management of personnel online transfer, online management of employee recruitment, online accounting of employee salary and social security, self-help initiation of online processes, viewing of their own information and payroll, integration of bank CBS system, and efficient completion of salary payment are realized.

 

3. Transparent and efficient management of group material procurement

 

Through the digital transformation of the supply chain, the access, exit and performance evaluation management of the group's suppliers will be realized, the unified management of the supply price of the national material framework agreement will be realized, the transaction management of the procurement strategy before sourcing will be realized, the collaborative management of suppliers in various sourcing methods will be realized, the management of open and closed contracts and orders will be realized, and the amortization management of materials under the new leasing criteria will be realized. Through the integration of Xinghan with OA, EAS, CBS, FWO, FCS, various warehouse systems, etc., the unified closed-loop management of the group from procurement project initiation to final procurement settlement is realized, and the efficient collaboration between suppliers and Focus Group through Xinghan collaboration platform is realized.

 

Digital Transformation Value

 

ERP, SRM, HR, FCS, OA and other systems have been integrated to realize the integrated coordination of supplier management, sourcing, procurement, inventory, finance, reimbursement and personnel. As a result, the digital transformation of Focus Media's operation has achieved initial results: the overall reimbursement process has been reduced by 3 days, the group's salary distribution efficiency has been increased by about 50%, the supplier sourcing efficiency has been increased by 100, and the financial monthly financial statements of listed companies have been shortened by 5 days. Through the Xinghan supplier agreement and everyone expense platform, it provides an online service platform for internal personnel and suppliers, links employees and suppliers, leads the business transformation of enterprises with data drive, and creates a new office experience for enterprises.

 

The integrated platform with Kingdee Xinghan as the core is implemented, with the integration of people, finance and materials as the core application, connecting real-time data such as personnel, finance and supply chain inward, connecting the upstream industrial chain externally, implementing the platform IT strategy, and helping the digital transformation of the focus. In the future, Focus will join hands with Kingdee and join hands!