The Research On Improvement Of Accounts Receivable Management Of BC Engineering Company

With the rapid development of the domestic cleanroom engineering industry,the competition between service providers of cleanroom engineering becomes increasingly fierce.As we all know,the engineering industry is characterized by long construction period and large cost.Before the construction,engineering enterprises need to purchase raw materials and other large-scale advance payment.However,due to the short-term capital turnover difficulties,low market credit or some other reasons,some construction units have delayed the project funds,which leads to the continuous increase of the receivables of the engineering service providers.In this context,if BC engineering company does not pay attention to accounts receivable management,it will bring serious problems to the sustainability of corporate cash flow,and even generate bad debts.To sum up,how to improve the accounts receivable management level of BC engineering company has become a key problem to be solved urgently.Firstly,literature research method was adopted to search and search relevant literature on academic platforms such as knowledge network based on the keywords of accounts receivable,so as to learn the research ideas.Through the analysis of the organizational structure,structure of accounts receivable and the aging of accounts receivable of BC engineering company,the current situation of accounts receivable management in financial management of the company was understood,and the existing problems and deficiencies were explored.Secondly,these problems and deficiencies are classified and summarized from the four dimensions of organizational structure,credit policy,customer credit evaluation and daily management,and targeted Suggestions and countermeasures are proposed to provide theoretical reference and basis for the optimization of accounts receivable management of BC engineering company.Finally,based on the above four aspects of optimization recommendations,organized and promoted the construction of information,to carry out accounts receivable special audit,strengthen the training of relevant personnel,to provide a good logistics support for the smooth implementation of the improvement plan.This paper holds that the organizational structure has been improved by means of the construction of the credit management division.The credit rating of accounts receivable and the like has been successfully carried out by the division.The scale of accounts receivable has been effectively controlled by redesigning credit standards,credit conditions,collection policies and other credit policies;the customer credit rating classification is made possible by constructing the customer credit rating model with the feature analysis model;the bad debt rate of accounts receivable is reduced by implementing bad debt management,contract management of accounts receivable and so on,which ensures the smooth recovery of the creditor's rights of the company.