Making Innovations from Changes, iSoftStone Gives Lectures to the CACFO

Under the wave of the global digital economy, digital transformation has become the focus of attention and development in all industries. Recently, a three-day seminar on Financial Digitization and Intelligent Fiscal and Taxation System was successfully held in Hangzhou. More than 400 chief accountants, financial directors, CFOs, heads of financial departments, as well as experts and scholars in the financial field of different enterprises and institutions such as Aero Engine Corporation of China, China National Offshore Oil Corporation, China Oil & Gas Pipeline Network Corporation, China Tower Corporation Limited, China Post Group Corporation Limited, FAW-Volkswagen Automobile Co., Ltd., etc. attended the meeting. They lively discussed how financial digital transformation can better promote corporate financial process and management changes, and boost business innovation and development with finance, so that profit growth could be realized and an efficient and feasible smart fiscal and taxation system could be established. 

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As the representative of a well-known enterprise serving financial digitalization, Zhu Jianxiang, senior vice president of iSoftStone, was invited by the seminar. At the seminar, Wang Hui, an expert in capital management of iSoftStone, gave a speech on corporate treasury and capital management. First, he analyzed the current trends of corporate treasury and pointed out the changing from single tactics to comprehensive strategies in corporate treasury management; then he analyzed customer needs from the perspective of software service providers to actively adapt to the development and changes of the intelligent treasury, and finally put forward customizable treasury solutions that can be widely used in various fields to trigger the corporate intelligent financial management.

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The corporate finance division, one of the earliest established business departments of iSoftStone, has great industry insight and leading technical strength and can provide customers with end-to-end digital products and services, including digital consulting and solutions, cloud intelligence and infrastructure, software and technical services. The division has rendered corporate financial services to more than 400 domestic and international customers in more than 10 important sectors, including more than 110 customers listed in Fortune Global 500. In this way, it creates value for customers in various fields. 

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Up to now, the iSoftStone treasury project team has reconstructed the business processes of more than 100 projects in more than a dozen business categories, which involves nearly 1000 business scenarios. With the design concept of adaptation to diverse front-end business (wide coverage and involving multiple systems), quick-changing management requirements and following the middle-end strategy, and the design principle of "enterprise-level, full-scene, high aggregation and integration", iSoftStone Treasury and Group Fund System fully applies the new digital technology, and uniformly refines and aggregates the business-oriented common service capacity of capital services, thus laying a foundation for the planning of capital business and capital data middle-end platform construction. 

This seminar, by fully showing the professional advantages of Industry-University-Research-Application programs, brought innovative technologies, scientific solutions and successful practical experience to financial practitioners in China, and received high praise from the participants. In the future, iSoftStone will further its cooperation with the China Association of Chief Financial Officers (CACFO) to jointly contribute to mutual development and growth.

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