The Research On Bankers’ Acceptances Bills Management Of Kun-day Company

Kun-day company is a large state-owned enterprises under the State Grid Corporation N provincial company, has six municipal branches and two subsidiaries. Since 2009, the day Kun companies charge to banker’s acceptances bills accounted for the proportion of electricity from less than 20% of accounts was gradually rising trend, the management only rely on historical experience, extensive management, no specific guidance on management way, facing urgent change the situation.N province where the company is based on coal resources and high energy-consuming enterprises accounted N provincial electricity consumption of 66% or more. By the national industrial policy and monetary policy implications, high energy-consuming enterprises are facing the risk of funding strand breaks, only to pay the bankers’acceptances way to the settlement of electricity, resulting in a rapid increase in days Kun company sustained notes receivable and inventory bills Habitat stubbornly high. Kun-day bill management company primarily in the following problems:First, a large number of bankers’ acceptances faced with the choice to charge the company management, and for the management should take note of centralized management or decentralized management model? The second is how to deal with the company’s liquidity tensions, ease the financial pressure strand breaks? The third is how to ensure the normal operation of the company under the circumstances, appropriate financing, reduce financial costs and maximize the benefits of making money?In this paper, the three core issues, discusses the analysis notes the specific content management improvement program, bills related to the theory of scientific guidance, using data collection, interviews with experts, system testing and other research methods, through the specific implementation, the bills included in the monthly cash flow budget management, budget management bills outstanding "triple point", a "physical possession hosting bills centralized operation, pooling management and control" of the bill management, to maximize risk-averse instruments, utilizing inventory notes, bills and cash to achieve "integrated" management and control improve operational efficiency bill, effectively solve the problem of liquidity management Kun day facing the company.Based on the company’s day-kun bill management improvement program of research, but also raise questions need to be explored further, hoping to improve the program for the industry have the same confusion of enterprises to provide a reference method for the same time, start a discussion, brainstorming, follow-up study on this article offers ideas and methods.