Credit Risk Management In Export Manufacturing Enterprise Under Guidance Of ERM

An increasing number of companies choice business credit sales in now international trade and credit transaction mode speeds up to instead of the traditional trading mode. High accounts receivable can force enterprises to cash outflows accelerating, even high accounts receivable, exposing enterprises to funding strand breaks and risk of bankruptcy. Credit risk management becomes an important part of the management of working capital which more and more causes the attention by the enterprise managers.United States promulgated by the COSO enterprises risk management-the whole framework(COSO-ERM IF) to rise from the perspective of enterprise internal control to a strategic height. As the starting point for research based on risk control, the paper study the export credit transaction management in W company. Starting from the risk identification for the export manufacturers, the paper analyzed and proposed the appropriate solutions in the important export credit link. The paper highlights the export manufacturing enterprises in the context of the current international economic and financial crisis and need drawing on the advance risk management philosophy to improve internal control in credit management and successful enterprises operating goals.