The Financial Process Reengineering Based on the Value Chain

Abstract

The theory of the value chain management emphasizes to optimize and reorganize the internal resources of the enterprise, so that the enterprise can establish its long-term and stable competitive advantage. In order to gain a Larger share in the increasingly fierce and competitive market, most enterprises have adopted the value chain theory for reengineering business processes, so the financial Process Reengineering based on the value chain was studied.