Research On Overseas Cash Management Model

With the development of the modern economy, the finance and capital management for a big group is increasingly heading for a high degree of centralization. However, in reality, it hasn't form an efficient and centralized finance management system in most of the enterprise groups to unified arrange the investments and financial activities from the view of overall development, which leads to the lack of effective control to a group. Moreover, the rational and optimal allocation of resource and capital can't be achieved due to the lack of unified capital management. The enterprise groups still maintain the relaxation bond funds. The advantages of being a large scale group can't be made fully use of as well. Presently, enterprise Group in the operation of fund management is usually a simple local financial management, financial planning and the lack of income and expenditure control, the flow of funds imbalance, the amount of funds used for financing and the lack of strict scientific computing and effective restraint, professional management and integrated capital sexual function can not play. Meanwhile, China's state-owned enterprises and private enterprises in the international market and overseas expansion, but it also started focusing on the global or regional fund management.The new centralized management of capital is explored and researched based on the facts of a large number of international revenue and expenditure of Air China. Envisaged by the Department of overseas business in which the country's financial advantages, the establishment of a regional fund management centre, the re-planning funds flow channel. Hope that through effective global liquidity management, real-time monitoring airlines owned the amount of monetary funds, liquidity and centralized control, idle speed up the rate of return to capital in order to more effectively control foreign exchange risks, avoid unnecessary expenditure and financial lending , the uniform application of idle funds to obtain a higher rate of return, to avoid foreign exchange risk, lower financial expenses, and raise the level of use of funds management objectives.This paper consists of seven chapters describing the international airlines overseas capital centralized management model described. Chapter 1 is the introduction of this paper to present the content and way that will be described in this paper. A brief overview of the significance is proposed as well.Chapter 2 is about the funds management and the review of the literature on funds management experience and practice.Chapter III, IV through the domestic and international funds management model, as well as the international airline of overseas capital management in the analysis and comparison analysis of the methods used from a variety of funds management models come for the international airline of the concentrated fund management model.Chapter V overseas capital management of the new operation mode of analysis, through SWOT analysis, identify the building of overseas funds Airlines Center and the existing advantages and disadvantages as well as the challenges facing the countermeasures.Chapter VI, solution design, proposed the building of the international airline of overseas funds and the new model of centralized management of specific options and ideas. Mainly from the overseas capital centralized management structure ideas, settings, as well as cash flow management model of the expected objectives, overseas funds focused on the new management model.Chapter VII concluding remarks, in order to obtain sustainable and healthy development of the domestic airlines must go beyond the original fund management thoughts, but from the management efforts, and continuously improve their business management, improve the company's financial management, and strengthen centralized management of funds, so Air China will place on the list of world-class airlines.