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Customer Introduction
Malaz (Jiangsu) Elevator Guide Rail Co., Ltd. is a Sino foreign joint venture jointly invested and established by Oriental Runan Group and Italian Malaz Company in 2013. It is located in Changzhou City, Jiangsu Province, with a production plant area of 265000 square meters and a total production area of 94000 square meters.
It has 24 automatic high-speed elevator guide rail production lines, more than 300 sets of equipment such as high-speed broaching machines, automatic finishing lines, automatic straightening and torsion systems, laser coding, automatic laser and image detection systems, and a production capacity of 350,000 tons of guide rails.
Process details
Business Challenges
There are differences in the implementation and execution of financial policies among companies, with inconsistent accounting standards and accounting subjects. Additionally, due to the inability to horizontally compare the same business between different companies, this seriously affects the quality of financial management and the efficiency of financial processing.
Business pain points
Insufficient control measures in the business unit
Low level of integration of business and finance
Duplicate financial positions, dispersed strength, and high labor costs
Solution
