M (Group) Company Based On The "Cash Pool" Model Of Monetary Funds Centralized Management System Design

Stable liquidity and sustainable cash flow are the key factors for the survival and development of an enterprise.To adopt scientific methods to raise,use and allocate monetary funds is the pursuit of each enterprise's fund management.To broaden the sources of mone y funds channels,to improve the efficiency of the use of monetary funds and scientific and rational allocation of corporate financial resources are no doubt to be able to make a contribution to enhance liquidity,to ensure the continuous flow of cash contribution.With the development and expansion of enterprises,there is a number of subsidiaries of the group.More and more companies within the group business development is not balanced,the monetary fund is idle or sufficient to some degree.Decentralized funds,lax fund management system and the use of low efficiency is a serious phenomenon.To strengthen the enterprise monetary fund allocation and coordination control,and to improve monetary fund management ability is imperative.Centralized monetary fund management,unified deployment,unified centralized regulating monetary funds can quickly relieve ent erprises liquidity difficulty.It also can improve capital utilization efficiency,decrease in group financing costs and integrate internal resources,control the company's financial risk at the same time,which also has an important significance for the long-term development of the company.In this thesis,M(Group)Company monetary fund management is the research focus.M(Group)company's current monetary fund management is reviewed and summarized,The conclusion is: M(Group)company existing currency funds adopt decentralized management model to improve the efficiency of decision-making,although there are advantages of flexible control,but in companies money capital of the rich or the poor is symbiotic and there is serious shortage or a large number of idle phenomenon,.Lack of funds for the deployment of a unified mechanism results in a waste of money and the coexistence of high financing costs.Capital utilization efficiency is low,and poor serious cash flow problems.To this end,drawing on the existing successful business practices,it is proposed that M(Group)company should adopt the centralized management and control mode of monetary funds to manage the monetary funds.Based on the comparative analysis of the management characteristics of the concentration of various monetary funds,this thesis designs M(Group)Company centralized control system "cash pool" mode of monetary funds.The bank account management system,funds allocated,internal aspects of financing management,budget management and etc.plan the connotation of monetary fund management cash pool" mode in order to guide the M(Group)company to improve the management of monetary funds and the efficiency of the use of funds.