Enterprise Credit Management Research

Credit is the basis and soul of market economy. Foreign credit management has been greatly developed in the mature credit economy. In contrast, the fragile credit institutions still harm steady development of China's economy .Comparatively low corporate credit management has weakened the competency of enterprises in China. Corporate credit management is one of the core contents of modern management and the basic factor of the existence and development of all enterprises in the market economy. Meanwhile, the improvement of corporate credit management will contribute to the establishment of a good credit environment in China. Enterprises should pay more attention to credit management and Establish right credit management system in order to enhance competency. The thesis focuses on corporate credit management to provide enterprises with helpful advice.The thesis reviews the theories of credit management, analyzes the status quo of credit management in China, and uses foreign experience in corporate credit management for reference. Based on above research, the thesis first proposes Policy-Process-Tool credit management framework. This framework improves theories of credit management and enhances effectiveness and flexibility of corporate credit management. On the basis of this framework, the thesis introduces how to make right credit policy, how to design reasonable credit management process, how to establish suitable credit management department, and how to use advanced credit techniques. In the part of conclusion, Policy-Process-Tool credit management framework still needs to be continuously improved in the practice of corporate credit management.