A Study On Cash Flow Management Of Labor Dispatching Company

With economic development and the reform of social management system, labor dispatch companies rise in response to the proper time and conditions. Through development for nearly ten years, labor dispatch companies have experienced significant transformation in quantity, scale, business content, management requirement and etc. Some labor dispatch companies have been gradually developed into specialized institutions integrating financial investment and labor dispatch. However, since labor dispatch companies are still at the stage for development, there are just a small number of relevant academic achievements. Influenced by both external environment and internal environment, labor dispatch companies still have some prominent problems in operation and management. This has hindered healthy development of labor dispatch companies to a great extent. How to strengthen financial management of labor dispatch companies efficiently has become an important issue to be studied and solved.In the article, take Guoren Enterprise Management Service (Beijing) Co., Ltd.(Established in2006) as an actual case, take relevant theories of financial management as guidance, start with cash flow management of labor dispatch companies, make analysis of different impact of agency operation, operation on a contract basis, personal agency operation and etc. on enterprise cash flow and their respective characteristics, and expound specific procedures of social insurance payment, housing accumulation fund, withheld and remitted fees of personal income tax and etc. which lead to inflow and outflow of cash flow of labor dispatch companies. In combination with actual conditions of Guoren Enterprise Management Service (Beijing) Co., Ltd., make analysis of problems existing in cash flow management of labor dispatch enterprises and the cause, and put forward countermeasures and suggestions to strengthen cash flow management of labor dispatch companies in terms of distinguishing enterprise clients from personal agency clients, detailing payment standard, improving management mode of cash flow, completing cash flow management procedures which adapt to business characteristics of labor dispatch, deepening cash flow analysis, strengthening investment account management, completing internal regulatory system, expanding enterprise scale, improving cash flow management consciousness of company staff and etc.The innovation of study in the article lies in the following:Firstly, make integrated analysis in two aspects including labor dispatch business and cash flow management, make analysis of the cause and the solution of the issue about cash flow formed in labor dispatch in an all-round way; secondly, make detailed analysis of the factors of formation of cash flow in China’s labor dispatch business at present, the type of payment channel of cash flow and the period of fund payment, make practical innovation, and it can provide certain reference for enterprises engaged in labor dispatch to strengthen cash flow management.