Study On Improving Management Of Account Receivable Of HNHJ Comany

With the development of productivity and the intensification of competition among enterprises,credit sales as a marketing strategy and credit means came into being.Many companies generally expand the sales and increase corporate profits through the credit,as well as improving competitiveness,but a large number of account receivable also formed.If the management of account receivable is appropriate,it can expand the scale of production,increase the market share,improve and accelerate the enterprises' cash flows,reduce the cost of capital,increase economic efficiency and improve the business results while increasing its capacity of risk resistance.If there's mismanagement,enterprises may face with problems of cash flow when serious,and get trapped into financial difficulties,ultimately it will affect the sustainable development of enterprises.Therefore,the risk of credit sales has also become a problem affecting the normal operation of enterprises that cannot be ignored.Among many industries,the mining industry's account receivable account receivable grows rapidly,up to December 2015,the mining industry account receivable account receivable has been 33.8 billion yuan.At the same time,the phenomena that account receivable can not be recovered in time,bad debts increase and the others is extremely serious.Therefore,it is very important to discuss the risk control of the receivables in the mining industry.How to combine the theory and the actual situation to find out the risk control method of account receivable which is suitable for the mining industry's own mode of operation and sales policy becomes an urgent problem.The subject has a strong practical significance.In recent years,with the rapid growth of HNHJ company's income year after year,account receivable is also rising,and the quality of account receivable is poor,for the company's sustainable business and continuous growth and development,we corporate account receivable management to make some suggestions to improve,so as to establish a more practical and effective operation of the account receivable management framework.