Research On Optimization Of Centralized Funds Management Of Enterprise Group

VWith the implementation of the strategy of "big company and large group" group in China,China has established a large number of large enterprise group companies.At present with more and more scholars put forward the idea of "cash is king",funds as the most important resource of a group,appear frequently in the view of group management,and it will also become the focus and focal point of financial management.But due to various reasons,most of the group companies in our country have funds dispersed,inefficient use of funds and funds supervision inadequate problem.How to manage the key resources,funds centralized management is not only one of the important means for modern enterprise group management control,but also is the need of the enterprise groups to play the overall advantages.Through centralized management of funds,enterprise groups can integrate internal resources of the group,reduce the scale of the overall financing,prevent the phenomenon of double high loan and deposit,reduce the number of idle funds and interest expenses.Therefore,it is of great significance to study the centralized management of funds for the promotion of the financial management and control of the whole group.In order to more accurately understand the current situation of the funds centralized management of enterprise groups in China,and put forward specific effective measures for reference,this paper takes case analysis as the research method.Firstly,it introduces the basic theory of centralized funds management,analyzes the differences between the six centralized funds management models that have been explored at home and abroad,and puts forward the necessity of implementing centralized funds management in group companies.Then,starting from the development history and organizational structure of HT group,this paper analyzes the characteristics of HT group's centralized funds management mode and the effect of centralized management on HT group.Finally,this paper discusses the problems existing in the HT group centralized funds management and the direction of the future adjustment,puts forward suggestions for the subsequent management,to explore a centralized management model for enterprise groups to adapt to the harmonious development of enterprise groups which in the current complex economic environment home and abroad,in the process of group characteristic of the capital operation.Through the case study,it is concluded that our country's enterprise groups' centralized management of capital is necessary,and we should choose the fund centralized mode according to its own characteristics.According to the implementation of centralized management of HT group company funds,this paper puts forward several suggestions to optimize the centralized management of funds can be considered:Firstly,China's enterprise groups need to improve the construction of internal institutions and introduct internal audit;Secondly,the enterprise groups need to strengthen the group headquarters control such as strengthening the management of income and expenditure control;Thirdly,the enterprise groups need to strengthen the budget management,the whole process of budget management is achieved from the aspects of budgeting,budget adjustment,budget execution,budget supervision,budget assessment and so on;Then,the enterprise groups need to Monitor the fund dynamics of member units in real time,it is possible to timely understand the use of funds by delegating financial leaders,so as to achieve the purpose of preventing the use of fund risk;Last but not least,the enterprise groups need to improve the construction of centralized fund management system,such as the introduction of bank credit system,the establishment of the capital budget management system.The innovation of this paper is mainly to study the actual application of the pool management mode in HT group company,it provides a useful literature supplement for the research on the theory of gold pool model in the centralized management of capital and enriches the relevant research results.