The Risk And Impact Research Of Advanced Claim Settlement System Of KOMASTU Beijing Engineering Co. Ltd.

The Advanced Claim Settlement system of Beijing Xiaosong Engineering Co. Ltd. is based on statistic analysis and financial risk assessment. To customer, the Advanced Claim Settlement System shortens the duration of claim settlement and lowers the operation risk. To company, there is the risk of being rejected by KOMASTU China when lodging the claim after KOMASTU Beijing pays in advance to the customer. Hence, KOMASTU Beijing might suffer the financial loss it causes. On the other hand, the Advanced Claim Settlement System increases the customer satisfaction, thus, intrigues both the sales and service incomes. Therefore, it is necessary to assess the financial risk by using the mathematic tool based on the data before establishing the system.This essay includes five chapters in total. Chapter one introduces the background of engineering business line and its status, also the quality handling process of KOMASTU China is covered. Chapter two introduces KOMASTU Beijing and the data resources of this essay. Chapter three illustrates in details about the statistic analysis process and model establishing process, also it assesses the financial risk the system might cause the company and the feasibility. Chapter four states the process of establishing the system and the scheme, and the conclusion is made after actual review and test of the system. Chapter five states the conclusion.