"In the foreseeable future, financial software will still be the main player in the Chinese enterprise application software market." This is how a senior industry insider once evaluated the financial software market, which continues to grow steadily this year. According to CCID Consulting's survey report, the sales of China's financial software market reached 1.089 billion RMB in the second quarter of 2006, an increase of 13.9% compared to the same period in 2005, accounting for about 18% of the domestic management software market sales.
The "bottleneck" formed by rapid growth
The prosperity of the financial management software market has attracted many manufacturers to enter. In addition to old-established ERP vendors like UFIDA, Kingdee, and Inspur, there are also new forces like China Aerospace Information entering this market. These manufacturers constantly rewrite the market landscape in competition. The fierce competition has led to product homogenization. In the relatively homogeneous financial management software market, whoever can obtain differentiated highlights can take the lead in the next round of competition.
Looking back at the history of financial software, with the continuous development and evolution of computerized accounting, financial management software has also been continuously developing and transforming. From the initial basic accounting, to incorporating financial management concepts, to supporting decision-making, and then achieving business management, China's financial software has gone through four eras.
In the development history of financial management software, many domestic manufacturers have not fallen behind. For example, Renwoxing Company once launched inventory financial management software aimed at small and medium-sized enterprises, and UFIDA and Kingdee also launched their products targeting different细分 markets. Although some financial software integrates finance and business, it still cannot achieve tax alignment.
In the development process of financial software, there has always been a dilemma facing both the industry and all enterprise users: the separation of finance and taxation. Although many manufacturers have launched products that integrate finance and business, they still appear inadequate when faced with the dilemma of fiscal and tax separation.
For example, sales invoices cannot be directly written into the Golden Tax Card; finance, taxation, and business data are separate and cannot be integrated for accounting; departments cannot share data; lack of standardized business processes; chaotic inventory management unable to timely understand sales and outbound situations; lack of large-scale data statistical analysis, etc. These application bottlenecks have been troubling enterprise users.
Facing the bottleneck of enterprise informatization, industry experts and domestic and foreign software manufacturers have begun deeper reflections: what kind of products do enterprises really need? How to change the situation of fiscal and tax separation in financial management? How to fill the market blind spots?
Filling the "blind spot" Building a new financial management model
New market demands require manufacturers to respond with new strategies. For software manufacturers, simply focusing on the enterprise's cash flow, information flow, and business flow is no longer enough. Instead, financial, business, and taxation factors must be effectively integrated into a unified whole. Starting from financial accounting management, connecting to the operation process management of purchase-sale-inventory, and then moving on to collaborative management involving the company's finance, taxation, and business is the solution.
Based on a deep understanding of market demand, China Aerospace Information Co., Ltd. launched Aisino U3, China's first enterprise management software integrating finance, taxation, and business. This is also China Aerospace Information's first attempt in the field of fiscal-tax collaboration. This entirely new management model has completely changed the current situation of fiscal-tax separation in financial management, receiving positive responses from investors and general taxpayers.
As the 5th generation of financial software, U3 Enterprise Management Software not only inherits the essence of the previous four generations of financial software but also incorporates taxation into corporate financial management, solving the bottleneck in financial management for enterprises. It highly integrates daily financial accounting and inventory management work, establishing a smooth internal process for integrated financial and tax operations. Financial personnel only need to input basic business data at the beginning of the business process, and subsequent financial and tax work can be completed instantly with simple mouse clicks, greatly reducing repetitive labor for financial personnel while lowering the risk of errors during data conversion.
U3 Enterprise Management Software was the first to realize fiscal-tax collaboration in three stages: certification, invoicing, and reporting. Aisino U3 fully demonstrates characteristics such as stability, ease of use, scalability, and good compatibility, not only better meeting the enterprise's demand for integrated management software but also significantly reducing the maintenance and operation costs brought by multiple software operations.
Industry insiders analyze that "Aisino U3 involves the entire process of enterprise operations, presenting a qualitative leap in application needs and application levels. The core of the product is no longer just software development technology but the management concepts and ideas integrated into the product, where management technology and software technology jointly build the core competitiveness of the product. This new concept of fiscal-tax collaboration not only breaks the deadlock of fiscal-tax separation but also makes a beneficial attempt for the future development of the entire financial software market."