Chinese enterprises going overseas is no longer a multiple-choice question, but a must-answer question.
According to data from China's Ministry of Commerce, in 2022, private enterprises contributed 80 percent to the growth of foreign tradeIn the first 10 months of 2023, the cumulative total value of exported goods was about US$3,000 billion.
Nowadays, enterprises have completely entered the era of global operation and exploration, and as many as 65% of small and medium-sized enterprises have expressed a strong desire to go to sea, but behind the excitement is mountaineering and wading, which is not easy.
Nowadays, the international environment is volatile, there are many barriers, there are many safety compliance, personnel management is complex and many other factors, which have brought huge pressure and uncertainty to many Chinese overseas enterprises.
Going to sea is actually a challenging journey.
Although it is difficult to go to sea, with the right course and tools, Chinese enterprises can also shine on the stage of globalization.
In 2023, SAP and Deloitte jointly released the "High-quality Outbound Expansion of New Chinese Enterprises***", which pointed out that enterprises going overseas are facing risk management and control challenges brought about by uncertainty and competitive challenges brought about by global operations, and must continuously improve their risk management and control capabilities and comprehensive competitiveness.
Three ** treasures are unlocked
Meet the needs of enterprise-level "one-stop".
Looking at the various challenges faced by Chinese enterprises going overseas, they can be summarized into three points: insufficient digital capabilities, weak compliance capabilities, and lagging management levels. In 2023, SAP officially released the "Golden Key to Going Global" plan, anchoring the three dimensions of cloud, ecology and management to provide strong momentum for enterprises going global. In the face of the lack of digital capabilities of overseas enterprises, SAP starts from the scenario and uses cloud empowerment to meet the needs of overseas enterprises with a "one-stop" cloud solution package. If "one-stop" can be summed up in one sentence, it is that SAP leaves the "complexity and difficulty" of the extreme pursuit of technology and details to itself, giving users the greatest "simplicity and freedom". InCloud-enabledlevel, SAP toERP cloud is the coreto build a global digital foundation for the integration of "people, finance, and carbon", coupled with global operation solutions in five proprietary areas, including compliance and risk control, talent management, industrial chain collaboration, marketing management, and sustainable development.
The one-stop "offshore cloud solution package" can be regarded as "a well-equipped sailing ship" to meet the various needs of enterprises in the process of going to sea, and its integrity, convenience and adaptability accompany enterprises to easily sail to the global voyage.
InEcological empowermentIn terms of SAP, SAP launched a customized digital transformation workshop for going overseas. SAP will work with SAP global partners to provide customized training according to the complex market characteristics, policies and regulations of different countries and regions, to help enterprises have an in-depth understanding of local fiscal and tax policies, data security, personnel regulations and other requirements, and win opportunities on the way to go overseas from the aspects of overseas strategy, digital tools and case practice.
The Digital Transformation Workshop is like a "globalization book", which is usually a book that brings together a wealth of valuable knowledge and experience. Similarly, the SAP Global Workshop provides companies with valuable knowledge and experience to guide them to success in the globalization process.
InManagement empowermentIn terms of SAP, SAP has created a social logistics platform for overseas enterprises. SAP will rely on 160,000 customers in China have established a community for the exchange of overseas experience, and at the same time visited the pioneer enterprises in the world, and promoted more Chinese enterprises to obtain insights into going overseas and realize the docking of global industrial resources through open courses and other means.
The social flow platform of overseas enterprises is like a "mutual aid network" for global navigation, a tightly woven network, each thread is connected to other lines, and together form a tenacious and mutually helpful structure.
SAP solves the worries of Chinese enterprises going overseas through the three dimensions of cloud empowerment, ecological empowerment and management services, so that they can hold the "golden key" in the era of global operation and navigation.
"ofo" landed in an all-round way
Light up the navigation beacon
In order to accelerate the acceleration of Chinese enterprises to go overseas, promote digital transformation, build an industry ecology and achieve experience exchange, the "Golden Key to Going Overseas" will be fully implemented in 2023 using the ofo online and offline integration model. The city summit was first held in Shenzhen and Shanghai, mainly because they have their own advantages and characteristics in going overseas.
For example, Shenzhen is a high-tech center in China, with many well-known technology companies and R&D institutions.
As the economic center of China, Shanghai has a world-leading port and a well-established transportation network, and at the same time, Shanghai is also a gathering place for domestic and foreign enterprises and financial institutions.
It is self-evident that the Overseas Cities Forum has landed in Guangzhou, Xiamen and Hangzhou, which are the economic center and manufacturing center of southern China, and Xiamen and Hangzhou, respectively, are the bridgeheads and e-commerce innovation highlands in Southeast Asia.
As the world's leading provider of enterprise application software solutions, SAP has rich global resources and experience. Bringing these resources and experience to enterprises through the Global Cities Forum, so that they can hear market insights and case studies from different countries and regions.
This diversified perspective and in-depth market insight is like multiple scales of a nautical compass, allowing companies to understand the global market from multiple dimensions and formulate more comprehensive and precise strategies.
At the same time, from the perspective of management empowerment, SAP covers five series of courses on financial compliance, talent management, talent management, green and sustainable development, and overseas marketing, in-depth community exchanges, and sharing the practical experience of overseas pioneer enterprises.
*The class is like a comprehensive nautical chartbook.
The SAP Classroom provides a wealth of course content and practical tools, covering global operations analysis, cross-cultural management, compliance risks, etc., so that enterprises can fully understand the global market and develop corresponding management strategies to help sailors plan routes and avoid dangers.
Through professional knowledge and practical experience, the management level and cross-cultural operation ability of the enterprise have been improved, so that it can better adapt to the needs of green and sustainable development in the global market.
This comprehensive learning Xi and development experience allows enterprises to show their strength and advantages more confidently and steadily on the global stage.
It's like a grand gathering of sailors, bringing together a large number of overseas companies, industry experts and partners to exchange experiences, share wisdom, and jointly solve the challenges and opportunities of global voyages.
It's more like lighting up a lighthouse to ensure that they navigate safely in a complex global environment.
Comprehensive strength to build the bottom
Start the engine of the giant ship that goes to sea
No matter from what point of view, Chinese enterprises are actually facing a more complex environment when going overseas.
Based on the current uncertainty, SAP will be empowered by ten new operational capabilities in 2024, covering many areas such as global operations and analysis, regulatory compliance, system architecture, and chain management. Through this series of empowerment measures, we foresee that SAP will continue to deepen its support for overseas enterprises and help them flexibly respond to various challenges brought about by uncertainty, and this strengthened capability system will make enterprises more confident and calm on the global stage.
As the world's leading provider of enterprise application software solutions, SAP has many years of global business experience and deep industry insight. This gives SAP a unique advantage to provide comprehensive guidance and support for enterprises to go global.
With an extensive network of customers and partners around the world, SAP has a deep understanding of the differences in market demand, regulatory environment, cultural Xi and other aspects of different countries and regions.
By incorporating this global experience and knowledge into its solutions, SAP is able to help companies better adapt to and respond to the challenges and opportunities of the global marketplace.
SAP also has a comprehensive portfolio of products and services. SAP provides a series of enterprise application software solutions, covering key business processes such as financial management, chain management, human resource management, and customer relationship management.
Based on best practices and industry insights, these solutions help companies optimize business processes, improve operational efficiency, and standardize management and reporting on a global scale. This is crucial for companies going overseas to ensure consistency and flexibility in their business operations in different countries and regions.
In addition, SAP focuses on innovation and digital transformation. SAP has leading technical capabilities and solutions in the fields of artificial intelligence, big data, and cloud computing. By combining these innovative technologies with traditional business management tools, SAP can help companies achieve digital transformation, improve competitiveness and open up new business opportunities. For overseas enterprises, digital transformation is the key to adapting to global market trends and meeting customer needs.
Finally, SAP is committed to growing together with its customers and partners. SAP takes customer success as its primary goal and builds long-term and stable relationships with enterprises and partners. With an in-depth understanding of customers' business needs and challenges, SAP provides total solutions and professional consulting services to help enterprises achieve smooth global business expansion. The establishment and maintenance of this partnership is also an important support for SAP to provide the "Golden Key to Going Global" plan, and the giant ship of "new Chinese enterprises" going overseas has a powerful engine.
If you want to objectively evaluate the "golden key" of SAP's global operation in the era of discovery, it is to help Chinese enterprises go overseas to return to the "first principles", "look up" at the overseas market, go deep into the "scene", and provide "first-class help" with a strong technical foundation and rich practical experience in globalization.