The Enterprise Group Fund Centralism Management Studies

The fund i s the blood of enterprise's production and operating activities, If an enterprise lacks funds to support and ensure,it would be unable to maintain normal operation,or even be on the verge of bankruptcy.Therefore the management of funds should be the core of the financial management,the level of the management of funds is related to business survival and development prospects of the Group.With the continuous expansion of enterprise groups,the majority of companies within the group is a multi-level legal system, it has be wide geographic distribution, the organizational level is complex, and the chain of the management is long, the members of the headquarters is difficult to control the internal operations of enterprises, particularly in the funds management, it has so many problems of the laggard management methods and means, the property rights division, the operation of decentralized and other issues, the prominent exhibitions are the companies of account not to be limited, the funds is dispersive, Even the funds is unlisted cycle. And enterprise groups can not monitor effectively the capital, allocation of resources can not play the Enterprise Group integration and management synergies, thereby causing inefficient use of enterprise group of funds, high cost, risk, these problems have seriously affected the sustainable development of enterprise groups.the issue has serious impact on sustainable development of enterprise groups. How do the enterprise Group to choice the manner in which the operation and management of funds, to give full play to the overall advantages of enterprise groups, on the optimal allocation of internal resources, to promote enterprise groups with a minimum of financial resources to create more value, to ensure that enterprise groups to achieve strategic objectives, This has become the enterprise groups in China an important issue to be addressed. With the increasing development of enterprise groups in China,centralized management of funds the main line of the management concept has been quietly rising, through the centralized management of funds,to full use the advantages of enterprise groups as a whole, to effectively help enterprise groups to solve many problems of decentralized capital, This can help enterprises to strengthen fund management, to prevent financial risk, and to enhance management of enterprise groups. Therefore, Studying the centralized management of enterprise group of funds have a great theoretical and practical significance at this stage.The first chapter is an introduction section introduces the background of centralized management of enterprise fund,meaning and conceptual basis.The second part described the management of enterprise group of funds focused on the meaning, objectives, principles and common mode.The third section focuses on the centralized management of enterprise groups, financial problems, the reasons and necessity.Part IV of the South Group as a case, first analyzes the status of the South Group's fund management and the reasons for, and then from the capital raising, launch, operations, inventory and distribution analysis of the five areas in the southern group of funds focused on the content and principles of management, but the combination of Southern Group of the actual situation, bring forward building a "financial settlement center and the combination of financial companies, " centralized management of funds,and to build the construction of the centralized management system from the division of parent company's management rights, the adjustment and evaluation of financial organizations, strengthening the capital budget and risk management. Finally, to design the corresponding centralized fund management process from account management, billing management and financial management.Focus of this paper is the fourth part, the novel lies in the South Group is the case, from the analysis of the South Group's fund management problems, it will be link the enterprise group of funds focused on management concepts into practice, and to advise building a "financial settlement center and financial combined company, "centralized management of funds, and depending on the chosen management style, central ized management system for building funds, funds focused on management processes designed to solve the problems of the South Group's capital management.