Research On Receivable Management Of QY Company

With the rapid development of market economy,the competition among enterprises has become more and more fierce.In order to expand the scale and improve their competitiveness,a large number of enterprises increase their business volume through credit sales.However,due to the imperfect credit system in our country and the lack of scientific and effective management methods for accounts receivable in most enterprises,blind use of credit sales reduce the liquidity of enterprise funds,and even lead to the rupture of enterprise funds chain,It makes the company unable to operate normally.QY Company is a pharmaceutical manufacturing enterprise.In recent years,in order to occupy a dominant position in the fierce competition in the industry,QY Company has spent more time and energy on research products and business development to increased its performance through credit sales,and paid little attention to take back the accounts receivable.Due to QY Company's insufficient attention to the management of accounts receivable,there are many problems in accounts receivable.In this paper,QY Company is selected as the case study object.The main research methods are literature research,statistical analysis and case analysis.According to the problems existing in the accounts receivable of QY Company,suggestions are put forward.Firstly,the paper introduces and summarizes the concept of accounts receivable,including its causes,influence and relevant concepts of credit management theory.Secondly,it discusses the management system,financial indicators,aging status and main customers of accounts receivable of QY Company.Then,the problems existing in the management of accounts receivable of QY Company are put forward in three parts: in the front,in the matter,and afterwards.Finally,aiming at the current problems of accounts receivable of QY Company,preventive measures are proposed from three aspects.Specifically,it includes the following contents.in terms of prior management,it mainly includes adjusting the organizational structure related to accounts receivable,establishing a unified customer information file management system,and formulating a reasonable credit policy.In terms of medium-term management,it mainly includes perfecting the credit approval system of enterprises,unifying the contract management system,and introducing the enterprise accounts receivable information management system.In terms of post-event management,it includes strengthening the dynamic tracking of accounts receivable,perfecting the collection system of accounts receivable,strengthening the responsibility and performance evaluation,and carrying out factoring of accounts receivable.These measures are put forward by combining theory with QY's actual situation and have strong pertinence.