| The establishment of a centralized fund management system in big enterprise groups can on the one hand significantly enhance the efficiency and risk control ability of funds, and on the other hand build products and services system to meet the rich and diverse needs of member units, more importantly, it can greatly enhance the group's configuration ability of its global resources, so as to effectively help the group's global distribution. Strengthening financial management functions of finance companies can revitalize precipitation funds, improve the efficiency and effectiveness of the use of funds, and reduce the group's financial risk. To a large extent, finance company's function of centralized funds management determines the future development of the group, so this function can be considered as finance company's most important booster to help with the group's development.This study focuses on finance company's centralized funds management, the main research object is the process and related content of SDHJ finance company's centralized funds management. In the study, it first analyzes the related theory of enterprise group's centralized fund management, based on summing up the domestic and foreign research literature on the analysis of the advantages and disadvantages of centralized funds management; secondly, it analyzes and compares the major modes of enterprise group's centralized fund management, and also analyzes the applicable conditions and management process of the mode; and then, taking SDHJ finance company as an example it introduces the company's centralized funds management's specific process; at last, combining with the practice of SDHJ finance company's centralized funds management, it analyzes the existing problems and shortcomings of SDHJ finance company's management, and proposes the methods to strengthen the centralized funds management of SDHJ finance company, as well as to enhance the use efficiency of the funds.By listing the operating characteristics of several modes of centralized funds management and their respective advantages and disadvantages, this study compares these models. This paper mainly combines comparative analysis method, case analysis method, theoretical analysis method. Taking SDHJ group finance company as a case study, through collection and collation of the company's information, using charts and data, this paper studies all aspects of the company's centralized funds management model. By explaining the main theoretical basis of the centralized funds management, the transaction cost theory, trustee-beneficiary relationship theory, combination between industry and finance theory, this paper provides a theoretical basis for the main centralized funds management.By analyzing the different characteristics of centralized funds management modes' operation and their respective advantages and disadvantages, this study makes a compare between these several models. And SDHJ group finance company as a case study, it is concluded that the model of finance company is the best mode for SDHJ group's centralized funds management, it has important practical significance as to improve enterprise group's quality and efficiency of funds use, as well as to promote enterprise group's sustained and healthy development. Based on SDHJ group finance company's centralized funds management, it builds a comprehensive evaluation index system including financial indicators and management indicators, to implement quality evaluation of SDHJ group finance company's centralized fund management. During the process of SDHJ group finance company's centralized funds management quality evaluation, it clears the problems existing in the management practice, and does a further analysis on the reason of problem, based on this it proposes measures to strengthen enterprise group finance company's capital management quality. |
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