The Research On Optimization Of Centralized Management Of Funds Of PN Group Company

The concept of centralized management of funds originated in the West,and then,China introduced this management concept from large enterprise groups in western developed countries.Although,China’s capital management started relatively late,but after many years of exploration,China’s current fund central management in the relevant theory and practice has made a more significant development.By centralizing the management of funds and improving the efficiency of the use of funds,enterprises have a certain supervision role in budgeting,capital distribution,product sales and procurement,cash settlement and so on.At the same time,it can reduce the waste of funds of each member enterprise,so that enterprise groups can achieve the overall strategic planning of development,and have adequate financial security.However,under the current system environment of our country,the establishment of a centralized management mode of funds that can adapt to the group’s own characteristics and development status has a broader scope for study.This paper takes the centralized management of funds of PN Group company as the research object,takes the internal capital market theory,the centralized power transfer theory and the transaction cost theory as the theoretical basis,combined with the current situation of the centralized management of PN Group funds,analyzes and finds that PN Group has the problem of lack of capital resources integration,insufficient implementation of capital budget management,insufficient fund coordination and adjustment,poor information sharing and so on.Through further analysis,it is found that the main management of the need for centralized management of funds,lack of management capacity,lack of effective fund information platform,the system of centralized fund management is not perfect lead to the above-mentioned problems.Finally,this paper puts forward the optimization and improvement from the management method,management mode,management system and management ability,to hope stoically that can help PN Group company to improve the level of centralized management of funds,and also hopes to provide reference for other enterprise groups,especially the material-resistant enterprises in the management of capital concentration.