Taiyuan, 30032,
China
Shanxi Coal Mine Machinery Manufacturing Co., Ltd. Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Shanxi Coal Mine Machinery Manufacturing Co., Ltd. and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 500 Shanxi Coal Mine Machinery Manufacturing Co., Ltd. employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Shanxi Coal Mine Machinery Manufacturing Co., Ltd. has purchased the following applications: Yonyou ERP U8 for ERP Financial in 2012 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Shanxi Coal Mine Machinery Manufacturing Co., Ltd. is running and its propensity to invest more and deepen its relationship with Yonyou or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Shanxi Coal Mine Machinery Manufacturing Co., Ltd. revenues, which have grown to $200.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Shanxi Coal Mine Machinery Manufacturing Co., Ltd. intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Yonyou | Legacy | Yonyou ERP U8 | ERP Financial | ERP Financial Management | n/a | 2012 | 2012 |
In 2012, Shanxi Coal Mine Machinery Manufacturing Co., Ltd. implemented Yonyou ERP U8 as its core ERP Financial application to support daily accounting operations and cash management. The deployment centered on embedding Yonyou ERP U8 into the company finance organization to standardize transactional accounting for a mid market manufacturing services firm.
The implementation focused on financial modules and operational workflows typical of the ERP Financial category, with explicit use of Yonyou ERP U8 to prepare daily cash transaction journal entries. Configuration emphasized general ledger posting rules, cash management workflows, and transaction-level journal automation, aligning cash transaction capture with ledger posting and period close sequences.
Operational coverage targeted the corporate finance and accounting teams, institutionalizing a regular cadence for daily journal preparation and centralized posting into the Yonyou ERP U8 ledger. Governance changes included formalizing daily cash entry procedures and reconciliation checkpoints to ensure consistent accounting records, with the system serving as the authoritative transaction repository for cash activity.
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