Group's Corporate Cash Management Model And Implementation

It is very important for group enterprise to centralize and control the cash. But there are so many problems deserve to investigate. Cash management, which is the core of finical management, focus on all these conflicts. According to the deficiency exist, should a cash centralization model could be designed for holding company and its group, the efficiency of cash management and the market value of group would be improved.Base on comparisons of cash management model of the enterprise of group of China, and simulating successful experience of multinational companies, this paper designed a new centralize model for cash management - Group Treasury Center.A frame of zero balance account is set up to centralize the group funding and a schedule is arranged for internal invoice is settlement, that make internal financing works in a more effective way, reduce the overdue invoice reduce rapidly, and improve the compete power of market.In the last part, the feasibility and efficiency of the model of group treasury center is proved by a case study.