The Zw Receivables Management

In market economy, commodity transactions between corporations are basically achieved by credit sale. As an important promotional way, credit sale plays a significant role on expanding products sale, improving sale revenue and profit amount, reducing overstocking and increasing competitive strength in market. However, with the increase of credit sale, accounts receivable enhance as well. If there is lack of efficient controls and managements towards accounts receivable, it will result in serious influences such as accounts receivable burden, increasing loss of bad debts, raise of managements cost, profit reduction, difficulties in capital flow and raise of financial risk so that it will affect the stability of corporation development. Therefore, how to strengthen the management of accounts receivable is an important topic to modern corporate managers.In recent years, ZW Company gradually expands its sales scale, which leads to the increase of sales revenue. However, its accounts receivable increase dramatically as well. The huge accounts receivable burden has been a bottleneck which severely restricts the company's development. This dissertation bases on the real situation of ZW Company, which gives some suggestions by analyzing the existed problems of accounts receivable. It points that the company should build an accounts receivable management system which includes all the aspects, the whole process and all-personnel participation through three steps as precaution, control and disposal. By the investigation of ZW Company, this dissertation provides feasible solutions which are beneficial to strengthen the management of accounts receivable, improve the efficiency of capital utilization and reduce the doubtful debts loss and financial risks.This dissertation not only analyses the current situation towards the management of accounts receivable in ZW Company ,but also points out the primary problems of accounts receivable management in ZW Company, and analyses both internal and external reasons which reflect on such problems. So the dissertation gives some suggestions and detailed solutions by investigating the existed problems of accounts receivable management in ZW Company. The last it generalizes the achievement of the management of accounts receivable in ZW Company .