Funds Project Design And Research For Centralized Management On Jilin Xinhua Publishing Group

Along with the deepening of economic reform and the continuous developmentof market economy, corporate financial management in the enterprise managementstatus of constantly improve,which business administration plays a more and moremanagers attention. Core financial management, capital management, it’s survivaland development of enterprises has a direct relationship, Enterprise Group managershave to manage and secure funding issues as a key task. Jilin Xinhua PublishingGroup is a group of cultural enterprises, enterprises with industry dominance,preferential policies advantages, resources and geographical advantages. In particular,the party’s18years, our country continue to promote the construction of socialistculture and power, reform-driven, continuously meet the people’s growing spiritualand cultural needs, and promote the healthy development of the cultural industry,cultural development and prosperity presents new weather. To support culturalenterprises, have issued a VAT exemption, income tax exemption and otherincentives, the introduction of these policies for the enterprise into a tonic, JilinXinhua Publishing Group as an opportunity to actively promote the cultural system,changing management philosophy, improve the management level. In fundmanagement, the issue of the establishment of centralized fund management groupproject team, organization-related research, promotion and implementation of theproposed centralized management of funds in the last stage. By means of thiseffective centralized management of funds to accelerate the company’s cash flow andrevitalize the stock of capital, reduce financial costs and improve efficiency in theuse of funds to promote the optimal allocation of resources.This article is for the case of Jilin Xinhua Publishing Group, from centralized management of funds theoretic analysis, based on the concept of centralizedmanagement of funds, introduced centralized management of funds of funds canclear ownership, regulate financial accounting and management, rational use of idlefunds, raise funds use efficiency, improve the financing capacity, reduce financingcosts and other effects; detailed analysis of the centralized management of fundsunified revenue and expenditure patterns, funded imprest mode, clearing housemodel, internal bank models, financial company model, as well as for a variety ofbusiness models conditions. Jilin Xinhua Distribution Group Management combinesthe actual situation, in-depth analysis of the history of the formation due toinstitutional rigidities, management tools and management models behind the reason,funds of funds formed in the presence of management lack of effective control, dualhigh deposits and loans, and low efficiency in the use of funds, settlement meansbehind the high financial costs, capital budget management is not in place and otherissues. Based on the analysis of financial management issues, and fully demonstrateddue to advances in institutional transformation, change management awareness, andmanagement tools, Jilin Xinhua Publishing Group centralized management of fundsalready have maneuverability. In the theoretical analysis and Jilin XinhuaDistribution Group Management based on reality, determined to adapt the Group’sdevelopment "fund settlement center" and "expenditure" centralized capitalmanagement solutions combine. Specific programs include the establishment of theproject team to determine the cooperative banks, account setup and management,capital budgeting, fund collection and allocation, internal borrowing, capitalinvestment, internal billing, accounting treatment, accountability and assessmentaspects such as content. Jilin Xinhua Publishing Group centralized capitalmanagement program after determining the project, combined with theimplementation should pay attention to the problem, set up regulatory agencies toestablish, upgrade information management system, improve the management system, standardize business processes and other safeguards. In this paper, in orderto meet and adapt to the needs of publishing group listed management proposedresearch topic, the article by linking theory with practice, identify problems, analyzeproblems and propose specific solutions, with a strong guiding significance for JilinXinhua Publishing Group’s rapid development.