Research On The Improvement Of Accounts Receivable For ZBFL Company

Under the current fierce market competition environment,in order to expand sales,enterprises often take the means of increasing credit sales to obtain orders and customers,and expand the market share of enterprises.Especially for small and medium-sized enterprises,this credit strategy has become an important means to attract customers.However,with the development of enterprises,the scale of accounts receivable is also expanding.Large scale accounts receivable occupy a large amount of capital,which brings a heavy burden to the development of enterprises and a great threat to the sustainable operation of enterprises.Therefore,through a systematic and reasonable method of accounts receivable management,we can effectively use accounts receivable to expand sales and control the risks of accounts receivable,solve the business risks caused by poor management of accounts receivable,and improve the quality of business management.This paper introduces the theory of accounts receivable management in detail,and takes ZBFL company,a typical small and medium-sized enterprise with manufacturing functions,as the research object.It comprehensively analyzes the development and current situation of accounts receivable of ZBFL company in the past five years,evaluates the results of accounts receivable management of ZBFL company,finds out the problems existing in accounts receivable management of ZBFL company,and suggests some measures for improvement.First of all,combined with the actual situation of the company,the establishment of the company’s accounts receivable management organization is improved to meet the requirements of scientific management of accounts receivable.Secondly,the credit customer evaluation method of the company is improved.Through the improvement of the "5C" factor credit evaluation method,combined with the actual situation and historical transaction situation of the company’s customers,the company can scientifically evaluate the credit situation of customers and reasonably divide the credit rating of customers.Then,it puts forward a further improvement method for the dynamic tracking management of accounts receivable and the collection strategy of overdue and excessive accounts receivable.Finally,the paper puts forward the necessary safeguard measures to ensure the smooth operation of accounts receivable management process.Through the improvement of the management policy and process of accounts receivable,the relevant departments of enterprises can attach importance to the management of accounts receivable,improve the overall credit level of credit customers,reduce the risk of bad debts of enterprises,improve the recovery speed of accounts receivable,accelerate the capital turnover of enterprises,and improve the quality of operation and management of enterprises.