GX Group Funds Centralized Management Research

With the continuous reform and development of market economy,cash is King’sera has arrived.Enhancing the financial management,improving group enterprise’s capital efficiency and idle capital yield,and reducing financial expenses is the only way to keep an enterprise developing.Most of the modern large enterprise can use the funds centralized management mode to format an effective financial management functions.Through the systematic construction of centralized management system of funds,it can play as headquarter to control the company within the group in order to ensure the realization of the strategic planning group.But there are still some problems,especially with regard to centralized fund management.For instance:how to enhance the level of centralized fund management in large groupenterprises in China,how to transfer traditional financial management for modern enterprises,and how to use the Internet and other information technologies to improve financial management.Take GX group as the research object in this paper,combined with previous studies on the present situation and existed problems of GX Group’s fund management to analyze how to improve an enterprise’s core competitiveness and efficiency of resource allocation forlarge city investment enterprises byusing centralized fund management.The situation and the existing problems of GX group centralized funds management are analyzed.It shows that the GX group fund centralized management of GX group internal capital account management is not standardized,capital management efficiency is low,risk prevention ability of funds centralized use is relatively poor,lack of debt financing management and the contradiction exists between the concentration of funds and the interests of subsidiaries.Formal budget management and financial supervision are not effectively play the role of such problem.the cause of the problems are analyzed.Based on the management of GX group funds "settlement center" mode,the optimization scheme is mainly puts forward from the bank account management,internal accounts and internal payment management,comprehensive budget management,fund management,debt management and financing plans to temporarily idle funds of financial management in six areas.