The Study Of Centralize Treasury Management In Enterprise Group Of CNPC

With the deepening and reform of China’s economic system,enterprise groups have become the inevitable outcome of the development of economic system,with their strong capital advantage has gradually become the backbone of China’s enterprises in the global competition.Large enterprise groups because of the large and complex organizational structure,to build a scientific and rational centralized management of funds on the sustained and healthy development of enterprises is very important.At present,the pace of the oil group is accelerating and deepening,and the business is radiated to the world.With the acquisition of enterprises,its branches continue to increase,the number of members of the Group increased,the organizational structure tends to be complicated,the flow of funds is difficult to control,and the risks are diversified.These problems seriously hinder the further development of CNPC The pace of growth.How to optimize the existing centralized management of funds system,is now the oil group has been committed to the goal and the direction of efforts.However,compared with the international enterprise groups,nowadays,the theory of centralized management of funds in our country is not mature,and the experience of centralized management of large enterprise groups is still in the exploratory stage.CNPC must learn from the international advanced centralized management of funds theory,failure lessons and practical experience,combined with the development of their own enterprises,to explore their own centralized management of funds strategy.This paper first introduces the background and significance of the research,puts forward the contents and methods of the research,and summarizes the relevant literatures on the centralized management of funds at home and abroad.Secondly,it defines the concept of centralized management of enterprise groups and funds,and introduces the theory and management mode of centralized management of funds.Thirdly,the author analyzes the advantages and disadvantages of CNPC in the centralized management of capital by analyzing the model and system of centralized management of CNPC.Finally,in view of the oil group in the centralized management of the problems,put forward relevant recommendations.In this paper,I put forward the following suggestions on the existing problems of centralized management of CNPC: First,improve the degree of capital management,from the perspective of regional clearing center model and group-level financial company model to improve the centralized management of funds.Second,improve the investment and financing management system,improve the financial company funds settlement capacity.Third,improve the ability of foreign capital centralized management,more concerned about the safety of foreign funds and multi-currency management capabilities,strengthen cooperation with foreign banks,scientific and rational use of financial investment tools.Fourth,the construction of the library system,improve the level of information,so that the centralized management of funds to the direction of refinement.Fifth,improve the group risk management framework,and strive to do pre-monitoring and prevention,in the control,after the improvement.