Global Info Tech
As the concept of Internet finance is accepted by people, the Internet financial information industry ushers in new development. Global Info Tech (GIT), as one of the pioneers, took the lead in enterprise management informatization. Through introducing the integrated management system, the company realized centralized management of business, and sought innovation and development of enterprise operation.
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As the concept of Internet finance is accepted by people, the Internet financial information industry ushers in new development. Global Info Tech (GIT), as one of the pioneers, took the lead in enterprise management informatization. Through introducing the integrated management system, the company realized centralized management of business, and sought innovation and development of enterprise operation.

Background

With the rapid development of Internet finance and the rapid change of financial products, enterprises are facing fierce competition for survival. At the same time, domestic Internet financial supervision is increasingly strengthened, and the internal operations of Internet financial companies are required to be more professional and informatized. How to cope with the innovation challenges brought by the wave of fintech? How to maintain the competitiveness of our own products in the fierce competition? If a worker wants to do a good job, he must first sharpen his tools. Internet financial companies have gradually realized that the optimization, upgrading and reform of internal organization and structure management, and the promotion of enterprise management informatization are a powerful guarantee for improving their own competitiveness. It is precisely because of this that enterprise informatization has become a compulsory course for Internet companies to win at the starting line!


Pre-built integrated management solutions can greatly improve the efficiency of the overall operation of the enterprise. Global Info Tech, as a provider of financial information software products and comprehensive services that have been deeply involved in the field of financial information construction in China in recent years, has witnessed the development and upgrading of Internet financial industry informatization. Therefore, the management reviewed the situation and began to deploy informatization for enterprise management.

Four years ago, GIT began to collaborate with WisageTech Inc. (WisageTech) to introduce the integrated management system , and established a good rapport with the enterprise through the long-term cooperation for products and services. This year, GIT achieved a new round of cooperation with WisageTech.

Why can we maintain a long-term cooperative relationship with WisageTech? Speaking of the relationship, Pan Yan, the manager of GIT and the main partner of this project, said: “Before the cooperation between the two parties, we considered and compared a lot. Since the system is outstanding in project and process management, we finally chose WisageTech to cooperate.”

1. Integrate project business and open up project payment channels

Established in 1998, GIT is deeply involved in the field of financial informatization, and mainly provides comprehensive software products, cloud computing and data center solutions, industry consulting and IT management services to Chinas financial industry. As we all know, financial transactions are based on huge transaction data and business information. Thus, financial information service providers have strict requirements on the professionalism, timeliness, and security of their management systems.

As GIT’s products and businesses cover a wide range, the listed company was faced with management problems such as unclear project cycle progress, difficulty in project payment collection, improper project procurement and implementation management operations. The financial and other module data information is even more intricate and lacks system management!

In view of this situation, WisageTech proposes to introduce an integrated management system to realize the overall planning of financial project business with the project as the core. As for the previous problems about the long implementation cycle of business projects, contract execution, project material procurement, project implementation management, project customer payment, etc., it set up supporting services for project time, process, milestone management, contract approval, transaction content, payment terms and other contract management, etc. to comprehensively manage scattered contracts and projects. In this way, sales personnel can control the progress of projects and payment collection, integrate multi-party data, and achieve effective control of the progress and status of project implementation.

is equipped with management and accounting management functions for troublesome financial problems such as project customer repayment. Financial budgets, actual expenditure records, and expenses are classified into categories, and summarized and analyzed the total expenditure on a yearly and quarterly basis in the system that provides a standardized and professional financial tracking channel for GITs project business to carry out effective project repayment control and expense accounting.

“For instance, the integrated management system can effectively solve our problem in project payment, especially in terms of project financial functions, which can effectively reflect the specific flow of expenses.” Pan Yan, project manager of GIT, said.


2. Coordinate a number of business modules to achieve integrated management of operations

On the basis of coordinating the project business, the sales team established an integrated management platform to integrate the various business departments of the company according to the needs of GIT, so that all business data is centered on project management and promoted by OA approval. .

The unified business management platform for the entire group fully covers customer relationship management, business opportunity development, contract implementation, payment arrangement follow-up, and project implementation. It perfectly combines the milestones of projects and collections to promote the normal flow of financial funds.

also provides functional support like supplier management, procurement management, expense reimbursement, and financial budget. It can realize the all-round management of suppliers in the future, such as evaluating supplier performance according to the suppliers annual supply quality and whether there is any delay in delivery, so as to select high-quality supplier partners and enhance market competitiveness. Enterprises can realize the management of expense reimbursement, etc., and reasonably control the companys budget and reimbursement of personnel expenses by increasing revenue and reducing expenditure.

Pan Yan, the project manager of GIT, said: "In the integrated management system, the management of project process and the form & flow are very suitable for the current development needs of the enterprise, and can effectively solve the problem of project business office."

3. ’s technology keeps upgrading and grows together with GIT’s business

As a listed company that insists on innovation, GIT needs continuous upgrading of its internal management system to cater for its rapid business development.

On the basis of deepening the cooperation between the two parties, from the first phase of standard product use to the third phase of project development, WisageTech has continuously improved the system, making it more and more suitable for GITs daily business and becoming more and more standardized and professional. This integrated system with project, contract and procurement management and OA approval related functions helps in continuous innovation and work efficiency improvement.

Finally, Pan Yan added: “Currently, the management of GIT highly recognizes the integrated management system, which can effectively solve management problems, and also speaks highly of the work of the sales consultant team of WisageTech.” 

not only provides GIT with a comprehensive perspective to manage project, contracts, approvals, and finance of enterprise management, but also offers an extension and upgrade of a business strategy.

In the face of increasingly fierce competition in the financial industry, helps GIT to rapidly promote the internal informatization of the enterprise, and provide customers with better financial software products and services. This successful cooperation reflects s refined corporate management ideas and customer-centric management concepts over the years!
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