How to Promote IPO Process and Achieve Rapid IPO in Enterprise Digital Transformation

According to a report by Economic Reference Daily, recently, exchanges such as Shanghai, Shenzhen, and Beijing have issued announcements that some companies planning to go public voluntarily request the withdrawal of their registration application documents, and the registration process for the issuance has subsequently been terminated. According to statistics, more than 100 companies have voluntarily withdrawn their IPO materials and terminated the listing process this year. There are also 12 companies that have not passed the listing review, and nearly 20 companies have temporarily postponed voting or cancelled the review. This phenomenon has sparked people’s thinking: why do companies actively withdraw or suspend the IPO process?

As is well known, corporate listing and financing is a complex, time-consuming, and costly process. With the advancement of the times, more and more enterprises are assisting the IPO process through digital transformation. This article invites digital experts in corporate IPOs to explore how digitalization can help companies achieve rapid IPO financing.

1.The main challenges in the process of enterprise IPO and listing

The “Digital White Paper on Growth Enterprise IPOs” jointly released by SAP and Yiou Think Tank points out that there are three main challenges in the process of going public:

✦ The complexity and high cost of the listing process may lead to failure if the enterprise is not fully prepared;

✦ IPO information disclosure requirements are stricter, and the construction of internal control systems may be insufficient;

✦ Financial issues have become an important focus of listing review, and approximately half of the time may be spent on financial review.

2.How Digitalization Helps Enterprises Meet IPO Challenges

Enterprises need to be fully prepared for going public, especially in meeting the strict requirements for IPO information disclosure and financial review. Taking the globally renowned SAP as an example, through the SAP S/4HANA Cloud, its intelligent cloud digital system meets the needs of corporate governance, financial compliance, and risk control, thereby helping enterprises reduce costs, improve operational efficiency, improve corporate image, and successfully accelerate the listing process. For example, the following SAP cloud ERP helps enterprises build an efficient financial accounting system, seamlessly integrating with front-end business on an industry finance integration platform, in order to promote efficient internal audit and control, enhance the standardization of enterprise management, and meet the challenges of IPO review.

3.Sharing experiences from successful IPO companies

Founder of Little Bear U Rent CEO Hu Zuoxiong shared their successful experience: “Digital transformation has become an important indicator for investment institutions to evaluate competitiveness. SAP S/4HANA Cloud achieves refined management in the entire lifecycle process of asset inflow, turnover, allocation, maintenance, lease cancellation, recycling, disposal, and scrapping, enabling us to go upstream in the capital cold winter and complete six rounds of financing within two years In fact, there are still many companies that are promoting their IPO process through digital transformation.

summary

The digital transformation of enterprise IPOs not only meets the financial audit needs, but also provides strong support for transparent and open information disclosure in the construction of internal control systems. From the solutions brought by SAP, it can be seen that digital transformation has assisted enterprises in multiple aspects of IPO, enhanced their core competitiveness, and achieved rapid listing and financing.

For more detailed information on IPO, corporate listing, and digital assistance for corporate listing, you can click on the link below to obtain professional advice and support.

SAP S/4 HANA Cloud

This article "How to Promote IPO Process and Achieve Rapid IPO in Enterprise Digital Transformation" by AcloudEAR. We focus on business applications such as cloud ERP.

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