Days Austria Group's Capital Management System

In this world with drastic competition, the growth of the corporation more and more depends on perfection of the management and improvement of the work efficiency. Capital is "lifeblood" of the corporation, whose flow relates to not only all aspects of the operation of the enterprise, but also economic effect and managerial skill of the enterprise. It is the key, also the important event about corporation's life, that how to establish and ameliorate a company's funds management system, how to raise, use and allocate the capital with high efficiency and low cost for improving the capability of adjusting and managing the capital. This paper brings forward a method of how to establish its funds management system based on the analysis of the funds management of "spaceon group". Spaceon group has always been using a traditional decentralized funds management system. There are many disadvantages in this system: funds management is decentralization, which lacks for enough monitoring and controlling; funds usage is inefficient and risky; and there is not a uniform funds control system or a uniform information platform of fund management, which is bad for normalizing the financial management and restricts the production and operating activities. The paper puts forward a method of making centralized management of funds in spaceon group to answer this question. The detailed practices are: an centralized final estimate system is established for centralized management, unified control and efficient monitoring of internal funds, so the subsidiary's funds flow could be controlled rigorously by the group; Analysis and forecast of the cash flow is strengthened, the inflow and outflow of cash should be controlled rigorously, the cash flow is brought in by the business, investment and financing should be managed strictly, so paying ability and credit capacity can be ensured; The comprehensive budget control method is implemented, the outflow of cash before and in the fact is commanded, so the cash flow is orderly. Simultaneously, some different monitoring ways and accountant accreditation are implemented, the monitoring system, the superior takes charge his next lower, could be carried out; Internal auditing is carried on actively, the monitoring is practiced as soon as possible, and precaution before the fact and command in the fact are enhanced, so completeness and safety of the funds could be ensured.Secondly, internal information management system is established and rules and regulations of financial affairs are perfect focused on funds management and through computer technology, so high efficient informatization management system is put into effect. The system construction is implemented by setting up a final estimate center shown as an group financial center and a funds centralized management system including payment system, funds procurement system and funds analysis system, whose budgeteering is based on fund plan; the fund supervisor privilege is carried out by the combination of the centralized management of fund in the group and the independent management of fund in the subsidiary company; the floatation of the loan is implemented by the combination of the fund balance and optimization of the capital structure.; the use of funds is controlled by connection with target control and procedure management; the final estimate is executed by combination ofthe final estimate in the members of group and the coordination and supervision of the final estimate center; the funds informatization management is used by the combination of funds informatization management and the reconstruction of operation flow. As the market competition is more and more drastic, and the company operation transferred, the funds management in Spaceon group should be reformed by creating a method of funds management, adapting for the development of market-directed economy, which could optimize the contribution of funds, increases the financing channels, waken the sleeping funds, improves the funds efficiency, finds the optimal economic benefit...