Enterprise Group Centralized Fund Management Related Issues

With the development of economy, enterprise groups have become the protagonists of our economic system, and are playing a more and more important role. Recently, fast development of enterprise groups makes their size huger; organize structure more complicated and member enterprises' location more decentralized. These changes bring more difficulties to funds management, and hinder their sound development. How to make the funds management more efficient is a practical problem that all enterprise groups face currently.After describing the meaning and features of enterprise groups, this thesis makes a brief introduction of financial management of enterprise groups. As the funds management is the key point of financial management, based on the introduction of the contents of funds management and the meaning of funds centralized management, this thesis puts forward that the funds management of modern enterprise groups should adopt centralized management mode. And then it differentiates centralized management from authority centralized management. Generally, there are six common funds centralized management modes:total control over revenue and expenditure, transferring reserve funds, establishing settlement center, financial company, internal bank and cash pooling. They all have different centralization degrees. On the basis of detailed introduction to the six modes, the thesis puts forward that when selecting funds management mode, the enterprise groups should take the organization form and stage of development into consideration, and adopt the proper mode according to their own features.With the expansion of enterprise groups, the traditional mode of funds management pattern already cannot adapt to the competitive environment. The thesis analyzes the deficiency of traditional financial management mode, and puts forward that in order to realize efficient management we must construct a funds control system based on the information network technology platform. This system includes four core function module, namely funds budget control module, funds settlement control module, funds analysis and decision making module and funds warning module. In addition, the system also connects with internal accounting processing system and external,internet banking system and other systems by connection module, in order to achieve business synergy and to improve the efficiency of funds management.However, only right management mode and the centralized funds management system is not sufficient. In the last part, this thesis proposes that, to make full use of the funds centralized management system, we should gradually establish and perfect the funds management institution, credit rating system and deposit guarantee system.