Proceedings of ICLT 2023

ACCOUNTING TRANSFORMATION IN SUPPLY CHAIN: INSIGHTS ON SHARED SERVICES CENTER

Chatrudee Jongsureyapart; Dej-anan Bungkilo; Tulaya Tulardilok

Healthcare Logistics Management Research Center (Hlog), School of Management, Mae Fah Luang University, Thailand; School of Management, Mae Fah Luang University, Thailand; Chiang Mai Business School, Chiang Mai University, Thailand

International Conference on Logistics & Transport 2023, Helsinki, Finland, pp. 20-26

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Abstract

Purpose: This research examines how the Siam Cement Public Company Limited (SCG) Corporate Accounting Office transformed its cost center to shared service center. Specifically, the article objectives are to investigate design, implementation, and transformation processes by SCG corporate accounting office. Design/methodology/approach: The research method used in this study was a deep single-case study. The unit analysis is the Corporate Accounting Department, the Siam Cement Public Company Limited. The research method was designed according to the guidelines of Eisenhardt (1991) and Yin (2009). Findings: The findings indicate that the organizational structure with a management team form of governance is influenced by original SCG culture. In this case, leadership is necessary contributed to effectiveness of design, implementation, and transformation processes. Mechanism also requires planning, people, and processes, with technology as the accelerator. Practical implications: The implemetation involves strengthening the accounting department. Provide commercial information of the same standard across all business units of affiliates. Delivering services to these business units. It's not just about publishing accurate financial reports and tax information. It also values the visualization of strategic management as well as a comment on the trends and forecasts of companies for clients. There are big data as data mining, which is useful for analyzing data at both business unit levels and big picture data for the Siam Cement Group. Originality: The research shows that SCG Corporate Accounting Office plays important role in creating value at the 1) individual level, 2) organizational level, and 3) profession level.

Keywords

Accounting Transformation; Shared Service Center

Citation

Chatrudee Jongsureyapart; Dej-anan Bungkilo; Tulaya Tulardilok (2023). ACCOUNTING TRANSFORMATION IN SUPPLY CHAIN: INSIGHTS ON SHARED SERVICES CENTER. Proceedings of the International Conference on Logistics & Transport (ICLT 2023), Helsinki, Finland, pp. 20-26.