What I wish was different
Even though my experience at ICBC Paris was meaningful and knowledgeable, there are many aspects that I think the Accounting Department can work on to improve the efficiency of the staff and the company. First of all, the accountants have been manually copying the details of ICBC accounts in other banks to the rapprochement form. This is very time-consuming and inconvenient. Admittedly, it is possible that the relying on machines would create mistakes. For example, if there are two $20 entries on debit side but one $20 entry on credit side, the machine might cancel out the wrong one. Therefore, using employees manually to do the approachment is understandable. However, I believe that one day computer engineers will design some smart machines that can distinguish the two $20 on debit side and decide which one to cancel out with the $20 on credit side through the reference of these two entries.
Additionally, the reimbursement work at ICBC Paris can also be improved on efficiency, even though they have already have a very easy system that simplifies the entry into easy numbers and accounts. The process can be even more simplified by using e-forms. Instead of inputting all the reimbursement details manually by the accountants, the ICBC employees can simply put their own reimbursement request in a computer system, and the accountant can just check, categorize and approve their request. In this way, the accounting department will be able save a lot of time on inputting the request by hands. The system will even be more organized and helpful for ICBC in the world.
