Research On Accounts Receivable Risk Management Of X Company

In 2022,with the continuation of the new crown epidemic and the turmoil of the international situation,the global supply chain has been severely impacted,mutual trust between enterprises has become more and more difficult,and the business development of foreign trade export enterprises has brought greater uncertainty.When domestic export enterprises seize the international market share,they usually allow customers to order products on credit,and credit sales,as a sales model that provides customers with short-term financing,has its own risks that bring greater risk management pressure to export enterprises.If an enterprise ignores the risk of payment collection brought by credit sales,the bad debts and bad debts in the accounts receivable will seriously affect the cash flow of the enterprise,which in turn will affect the normal operation of the enterprise.Therefore,the risk management of accounts receivable has become an important factor affecting whether export enterprises can continue to survive and develop.Only by establishing and improving the risk management system of accounts receivable and controlling the risk of credit trade from the root can enterprises achieve long-term stability in international competition.This paper takes Company X engaged in the production and export of home decoration products as the research object,draws on the whole process risk management theory,credit management theory and internal control theory,and first summarizes the problems shown by Company X’s accounts receivable.Secondly,the management status of Company X’s accounts receivable was comprehensively sorted out,and the company’s accounts receivable management agency,credit standard management and collection management of accounts receivable were analyzed in depth.Then,the questionnaire survey method was used to survey the company’s employees involved in accounts receivable risk management,and the interview record method was used to conduct targeted interviews with the executives of Company X,and the risk management of Company X’s accounts receivable was analyzed by comprehensive questionnaire and interview conclusions,and it was concluded that Company X had deficiencies in identification,evaluation and response to accounts receivable risks.Through an in-depth understanding of Company X’s business structure,order operation and company culture,the causes of the risk problems mainly come from the imperfect system of Company X,weak awareness of risk prevention,insufficient supervision and outdated information management system.Finally,combined with the actual situation of Company X,taking the whole process risk management of accounts receivable as the theoretical fulcrum,an optimization strategy suitable for the accounts receivable risk management of Company X was formulated according to the operation process of Company X.Carry out full-process control in the three parts before,during and after the event,and build a whole-process,all-round and all-employee participation of the accounts receivable risk management system.Through the research of this paper,we will solve the problems in the risk management of Company X’s accounts receivable,prevent credit risks,reduce bad debts,reduce financial risks,and improve the efficiency of capital utilization.