Financial localization

Mission:We solve the problem of normal financial access to multinational companies in China, provide local financial norms and solution to the conflict about international financial system , in particular for the multinational companies which use ERP and financial software and help avoiding policy risk and loss.

SEAM Finance 
SEAM financial localization is committed to localize and standardize the financial system of international companies in China.As for users of ERP,we get to the access to the database of ERP by unifying the port of data and generate accounts in line with Chinese accounting standard form and produce each kinds of reports, documents, books and so on in line with China's tax, audit and management of legal norms requirement for by optimizing the SEAM system.And we help enterprise get through the financial record by providing electronic data files of GB/T19581-2004.

Why do the financial localization?

 How foreign-invested enterprises operating financial management must comply with Chinese GAAP (PRC GAAP) by the requirement of Chinese financial and tax policy,in another way, the authorities accept only financial software to meet the Chinese GAAP. In convenient of operation of the management as well as system maintenance,multinational companies typically use financial software used by its parent company to record the business of Chinese branch,Chinese local company are using another set of local financial software, or simply use manual account to deal with the PRC GAAP accounting. In this mode, the financial sector workload immediately increase. Inconsistencies between the two sets of data will result in great financial distress.

SEAM Finance 
Feature of SEAM financial localization
SEAM Finance
As the purpose of helping enterprises,SEAM Finance solve financial information problem in meeting the "People's Republic of China Accounting Law", "Basic Accounting Standards", "accounting records management approach", "Computerized Accounting Standards", "IT Accounting accounting software Data Interface national standards, "and other regulations and taxation compliance issues.

With the help of SEAM Finance,the routine accounting work requires only a small amount of corporation of finance resource for generating account books  compliant to legislations in China quickly and accurately, which could pass the local Taxation Bureau's computerized accounting record.The business management reports, tax reports, statistical reports, audit reports and statements of a number of customization features we provide  can effectively support local financial policy and financial management and analyzation of company which includes multiple branches, complex organizational structure, large number of users or large amount of data.

In summary,features of SEAM Finance as following:

•Adopting B / S structure, which support multi-branch, complex organizational structure, multi-company, multi-account mode and the system are simply and conveniently maintained;

•Integrating with SAP, ORACLE and other ERP system , , creating Chinese account simply with the easy and convenient access to data;

•to ensuring the synchronization about data between ERP and account in China , manually conversion is no longer needed;

• Meanwhile, the system also has an independent and blameless Chinese account management capabilities to meet the daily taxation and audition requirements;

•Powerful translation engine to achieve a complete and accurate translation of the field to complete the specific English description of ERP system;

•Providing a flexible and convenient financial data query in Chinese criterion, regulating the accounts efficiently and conveniently;

•Customized reports, high speed generate various reports are supported,and ERP systems multi-dimensional data analysis, the analysis multi-angle, multi code analysis reports are provided;

• Data permissions, permissions of roles in the center-based architecture are supported to ensure sharing data.
SEAM Finance
Experiences of costumer in SEAM finance
SEAM Finance
By searching for better user experience that financial officers could be released from complicated financial issues.Meanwhile,the enterprises could cater to the external norms and get a unified, standardized and efficient account management platform in China.

• The amount of account data from 500,000 to one million

• Fast query of financial data

• Directly used in the audition

• Avoid policy risks,promote the credit level of enterprise

• Multi-branch unified management is supported to achieve the comprehensive compliance

• Generate compliance reports, vouchers,account books

• Sharing center is supported to achieve the unified processing

• Generate various reports by custom queries

• 100% accuracy conversion of accounting standards