About Weichai Overseas
Weichai Overseas is the international business arm of Weichai Group, one of China’s largest industrial and automotive equipment manufacturers with annual revenue of over ¥3000 billion and a workforce of 110,000+ employees worldwide. Ranked 23rd among China’s Top 500 enterprises, Weichai has established a strong presence across Asia, Europe, and other global markets.
Weichai Overseas manages subsidiaries in Singapore, Vietnam, Malaysia, Indonesia, and beyond, serving as the bridge for the group’s expansion outside of China. In Southeast Asia, the organization supports around 150 employees across multiple countries including Indonesia, Malaysia, Vietnam, Thailand, the Philippines, Myanmar, Korea, and Taiwan. Key business activities include the export of engines, trucks, and buses; the provision of generator sets through regional data centers; and local trading operations in selected markets such as Indonesia.
行业
Manufacturing, Automotive & Industrial Equipment
地区
Southeast Asia (HQ in Singapore)
公司规模
110,000+ employees worldwide; ~150 in Southeast Asia
挑战
Fragmented Systems
Subsidiaries used different platforms (Navision, Accurate, and local software), limiting efficiency and hindering the group’s digital transformation.
Inconsistent Accounting Standards
Variations in accounting subjects and auxiliary files across subsidiaries resulted in a lack of unified rules and standards, reducing comparability of financial data.
Low Reporting Efficiency
Consolidated reporting through HFM relied heavily on manual operations, making the process time-consuming, costly, and prone to inaccuracies.
Insufficient System Integration
Expense, trade, and finance systems operated in silos, preventing automated data flow and causing repeated manual work and productivity losses.
解决方案
Comprehensive Financial and Business Integration
Yonyou partnered with Weichai to implement a unified information and financial management platform across its Southeast Asia subsidiaries. The new architecture increased transparency, standardized processes, and supported centralized control at both the group and business levels.
Unified Accounting Standards and Processes
Yonyou helped Weichai establish a global accounting framework, ensuring consistency in subjects, auxiliary files, and financial rules across all entities. This unified approach enabled standardized financial accounting and improved compliance with group requirements.
Automated Financial Consolidation and Reporting
To address inefficiencies, Yonyou implemented automated financial consolidation and reporting, replacing manual HFM processes. This reduced reporting costs, improved accuracy, and provided management with timely, reliable data to support strategic decision-making.
Seamless System Integration
Yonyou integrated expense reporting, foreign trade, and financial systems, enabling smooth data flows across subsidiaries. This eliminated data silos, reduced manual duplication, and improved overall operational efficiency.
