The Accounts Receivable Management Research Of Small And Medium-sized Manufacturing Enterprises

Due to the weakness of macro economy in recent years, the booming manufacturing industry is gradually depressed in the market. In order to retain larger share in the market manufacturing enterprises began to expand the scale of credit sales. While it can increase their sales and enhance the competitiveness of enterprises in a short time, but as time goes on, more and more companies find that the neglect of accounts receivable management planted a "time bomb" into the enterprise development. The state began to encourage various manufacturers began industrial upgrading and transformation to improve the current manufacturing industry status. Small and medium-sized manufacturing enterprises compared to large ones in the industry, not only the lack of sound management and professional support, but the lack of right to speak. If you want to stay competitive in the tide of industrial restructuring and improve the company’s image, you must improve receivables management capabilities and further enhance the operating capacity.At first, this article sorts out the literature about accounts receivable management at home and abroad, and then combs the relevant theories of accounts receivable and accounts receivable management, especially introduces some of the accounts receivable financing research, to provide a theoretical basis for the next case study. Secondly, the quantitative analysis about the present situation of small and medium-sized manufacturing enterprises finds that the accounts receivable overall size of manufacturing enterprises is generally large and the growth rate and turnover rate is not too high. Compared with large enterprises,the problems in Small and medium-sized manufacturing are more serious than large enterprise. Thirdly, select the A manufacturing enterprise which is the pioneer to adopt the accounts receivable credit management mode in the industry, carry out the financial analysis and practical investigation to find the accounts receivable management problems and the causes of the problem. Then, propose some advice about put factoring financing modes into account receivable management by the effect of factoring financing of A company. Finally, it describes the issue about how to extended the management of accounts receivable improved method that is based on the A corporate research to the entire manufacturing industry, and then indicates the direction of the next step.This paper is based on the foreign accounts receivable credit management model and it keeps the principle of combining quantitative analysis and qualitative analysis and theoretical research and application. And it also compares the accounts receivable data in different periods and different industries to meet all kinds of problems that exist in the accounts receivable management. After that, it builds a comprehensive credit management model through beforehand, matter and afterwards.