Research Of XD Commercial Factoring Company Enterprise Financial Management

As the proportion of accounts receivable has increased year by year among domestic and foreign small and medium-sized enterprises,commercial factoring companies with receivables financing as their main business have emerged as the times require.Since its birth in 2012,it has developed rapidly.However,behind the rapid development of the factoring industry and the expanding scale of factoring financing,the factoring industry is also facing the two major difficulties of capital and cost.With the increasingly fierce competition in the market,commercial factoring companies are increasingly demanding financial management.In order to seize the market and develop steadily in the fast-growing factoring industry,this requires enterprises to continuously strengthen and update their financial management.Capabilities,while refined management is an important means to strengthen the financial management capabilities of enterprises.This paper takes XD commercial factoring company as the research subject,studies the company's financial management,and solves the company's financial management problems.The purpose is not only to provide an effective research plan for the financial management of XD commercial factoring company,but also for Commercial factoring provides a reference for the fine-grained management of enterprises of the same scale,and also provides a reference for the implementation of financial refinement management for small and medium-sized financial enterprises of the same type.This paper firstly analyzes the financial management system,financial budget management and financial cost management of XD commercial factoring company's financial management status,and finds that traditional enterprise financial management can not meet the requirements of XD commercial factoring company development,and then seek The main problems in the company's financial management.The problems in the financial management of XD commercial factoring companies are mainly reflected in the lack of sufficient understanding of financial refinement management,the lack of complete system construction in budget preparation,the lack of cost-based management mechanism,and the management level of capital use efficiency.aspect.Through further research,XD Commercial Factoring Company can enhance the level of financial refinement management by strengthening the establishment of financial refinement management system,implementing budgetary process management,performing refined cost sharing,improving financing fund management,and constructing bill factoring mode.In order to ensure the smooth implementation of the refined management series,the corresponding measures are put forward from five aspects: strengthening the management awareness,information technology,budget indicator evaluation,financial risk management,and financial personnel position optimization.