Research On The Problem About Management Of Accounts Receivable Of Company A

Accounts receivable are external assets formed by enterprises in the fields of credit products,materials and services.Assets are managed by the other side and can be used arbitrarily by the other side.Enterprises cannot control the formation of a period of enterprise.Virtual assetsonly participate in the production process of the enterprise in the form of investment funds and earn more profits for the enterprise.The deeper the production process is involved,the more the impact on the business of the enterprise will be.Large,thus increasing the difficulty of enterprise managers in managing and managing enterprises.The most popular accounts receivable management methods in the West are accounts receivable securities and factoring businesses.In China,the social credit foundation is still relatively weak,and the social credit system is still being explored and improved.Most enterprises have not established a sound credit management mechanism,under the current development trend,market competition pressure will increase day by day,the buyer has gradually become the key to the dominant market.In order to occupy the market share and enhance the core competitiveness,many enterprises generally adopt the credit sales model,and has become an indispensable part of social and economic activities.With the continuous growth of sales revenue,accounts receivable is also rising rapidly,resulting in the cost of bad debts,management costs and operational opportunity costs increased.If there are problems in the management of accounts receivable,it will cause the pressure of capital turnover and increase the financial risk in the short term;if the problems accumulate in the long term,it will occur financial crisis until the bankruptcy and liquidation of the enterprise.Based on the current situation of accounts receivable management in company A and the basic principles of accounts receivable management,this paper analyzes in detail the problems existing in the process of accounts receivable management in company A by using the methods of literature study,case analysis,investigation and research,and puts forward the solutions to the problems of accounts receivable management.The countermeasures will help the company to improve the management level of accounts receivable and reduce the operational risk of accounts receivable.The main conclusions of this paper are as follows:(1)pointed out that there are problems in the management of accounts receivable in Company A.These problems mainly include the confusion of credit management,unreasonable trust in customer credit,and great differences in the value of accounts.(2)On the basis of pointing out the problems,this paper analyzes the causes of the problems,which mainly include: no clear credit management organization mechanism,insufficient credit evaluation of customers,no scientific measurement of the value of accounts receivable,factoring business is relatively slow to carry out.The performance appraisal system is not perfect and the information management method is backward.(3)Put forward the countermeasures to solve the problems in view of the causes of the amount of the problem.These countermeasures include: building a clear organizational mechanism of credit management,improving customer credit evaluation system,objectively measuring the value of accounts receivable,actively carrying out related factoring,improving and perfecting the performance appraisal system,and adopting advanced information management methods.Through the analysis and study of this paper,I believe it will provide effective suggestions to improve the management of accounts receivable of company A,and realize the development goal of reducing operational risk and sustainable operation of company A.The innovation of this paper involves six specific problems such as credit management organization mechanism,credit evaluation,fair value measurement,factoring business,performance appraisal and the application of modern information management methods,and puts forward some improvement measures on this basis.