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Won the double championship in a row! IDC: Kingdee SaaS ERM and financial cloud are the first in the Chinese market

  • Jun 11, 2025

When countless candidates wrote wonderful answers in their lives in the college entrance examination room, as a leader in China’s enterprise management software, Kingdee also handed over a heavy “answer sheet” in the examination room of Yuli Enterprise!

Recently, IDC, an international data company, released the “China Semiannual Enterprise Application (EA) Market Tracking Research Report (2024H2)” (IDC China Semiannual Enterprise Application (EA) Tracker, 2024 H2. Data shows that Kingdee’s market share in China for SaaS ERM and financial cloud has ranked first! Since 2016, Kingdee has won many championships in China’s SaaS market for many years.

As the No. 1 SaaS manufacturer of management software in China, according to Kingdee International’s 2024 annual results, the group has further promoted the transformation of its cloud subscription service model, and its cloud service business has achieved a year-on-year increase of 13.4%, accounting for about 81.6% of the group’s revenue. Kingdee Cloud’s subscription model has many advantages such as linear investment, lower cost, security and reliability, professional operation and maintenance, flexible expansion, growth, and customer initiative.

Not only has the cloud transformation achieved outstanding results, but Kingdee has also made remarkable achievements in the financial field. In addition to ranking first in the financial cloud market, it also ranks first in multiple market segments such as financial and accounting application cloud and treasury management cloud, fully demonstrating its leadership in the high-end enterprise financial market.

In the large enterprise market, Kingdee Cloud Xinghan provides large enterprises with AI applications covering various fields such as finance and taxation, human resources, supply chain manufacturing, etc., as well as AI agents for multiple scenarioses with its leading capabilities such as intelligence, assembly, and globalization. In 2024 alone, Kingdee Cloud Xinghan has signed contracts with many large central state-owned enterprises and leading private enterprises, including Tongwei Co., Ltd., Yunnan Energy Investment, China National Petroleum Corporation, China Electronics, China Aviation Group, Denso China, Tsingtao Beer, Transsion Holdings, etc., becoming a new choice for top 500 companies.

Kingdee Financial Cloud takes “unmanned accounting, everyone’s finance” as its product design concept, integrates the latest financial management models, digital intelligence technology and enterprise practices, and builds a new generation of financial cloud applications such as financial middle platform, treasury management, corporate performance management, tax management, and management accounting based on the new generation of enterprise-level AI platform Kingdee Cloud Sky, creating a new world of enterprise financial management.

In the field of financial and accounting application cloud, Kingdee relies on innovative technologies such as cloud computing, big data, and artificial intelligence to build financial middle office applications such as financial reporting, accounting, intelligent document review, and shared operation to better serve the upgrading of enterprise financial management from digital to intelligent. At the same time, based on the self-developed “multi-dimensional +” database construction, Kingdee EPM is fully functional, intelligent and convenient in terms of comprehensive budgets and consolidated reports. In addition, Kingdee Management Accounting Cloud uses the infrastructure of event-driven accounting to provide scenario-based management accounting application services for personnel at all levels of the enterprise, including financial indicator query, in-depth financial analysis, budget version comparison, management report writing and other application scenarioses, making strategic planning, simulation forecasting and business decision-making more accurate, supervision and control more real-time, and performance evalsuation more scientific.

In the field of treasury management, Kingdee actively responds to the policy guidelines of the State-owned Assets Supervision and Administration Commission of the State Council to accelerate the construction of the treasury system, creates value-based treasury solutions, and focuses on a number of core capabilities such as global visibility of capital business, overall coordination of financial resources, intelligent management and control of capital risks, and data-driven strategic decision-making, to fully meet the capabilities of enterprises for the construction of intelligent treasury platforms, and has helped many top 500 companies such as China Merchants, Hisense, International Trade Co., Ltd., and Vanke to build world-class treasury management.

Xu Shaochun, chairman and CEO of Kingdee Group, said, “Kingdee Cloud transformation has been successful, and the next goal is AI transformation. At the 2025 Kingdee Cloud Sky AI Summit a few days ago, Kingdee launched a fully upgraded Sky Agent platform 2.0 and five major agents, including key financial reports (financial report analysis agents), ChatBI (enterprise inquiry intelligence agents), recruitment agents, travel agents and enterprise knowledge agents, covering multiple scenarioses where AI is most widely used on the enterprise side.

Over the past 30 years, Kingdee has provided digital upgrade services to more than 740 enterprises, and has served more than half of China’s top 500 companies in the process. In the future, Kingdee will maintain its innovative advantages, grow together with thousands of industries, ride the long wind of AI, cultivate and develop new quality productivity, and discuss, build and share a beautiful new world of business management AI.

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