Research On Group Capital Centralized Management Model

With the continuous development of China's market economy,in order to enhance their competitiveness,many enterprises began to integrate into zero,through restructuring,mergers and other ways to form groups.The change from individual to group will bring about changes in organizational structure and new requirements for the management mode of enterprise group.Enterprises should actively respond to the changes,analyze from the perspective of group,think out countermeasures in combination with the internal and external environment of group,and conduct scientific overall control by group.This is the only way for many enterprise groups to develop better and faster.Capital management is an extremely important part of enterprise management.Effective centralized management can help enterprises to enhance the strength of capital management,improve enterprise management,and provide assistance for the long-term development of enterprises.Therefore,each enterprise needs to explore its own centralized fund management mode according to its own situation,and improve the current situation of enterprise fund management.Iron and steel industry is the pillar industry that supports our national economy and plays an important role in promoting industrial modernization.The H steel group is larger in size,more rapid in development,and has a certain representation in the steel industry.Therefore,this paper selects the H steel group for case analysis.The author uses literature research method,comparative analysis method and practical investigation method to review and analyze the relevant theoretical knowledge,and compares and analyzes the differences between the five common capital concentration management models and their respective applications.Then combining with the characteristics of steel industry,this paper analyzes the present situation of capital management and the problems in the process of capital centralized management.H Iron and Steel Group currently adopts a management model that organically combines the three organizational forms of finance companies,settlement centers,and internal banks.The organization is complex,and there are many levels of information transmission,and it is impossible to play the timeliness of information.At the same time,there are problems such as loose bank account management and long-term occupation of funds by subsidiaries.Therefore,based on the current situation,enterprises should consider a number of factors and choose a capital management model suitable for the current situation of the H steel group.The new model designed by the author for the H steel group is the "financial company + settlement center" model.Internal banks lack the relevant legal constraints and have certain administrative risks.After decentralizing the internal banking functions to the settlement centers and financial companies,while meeting the normal Capital Management needs of the H Steel Group,it can also enhance the group's risk response capabilities and provide stable Capital Management during the period of rapid expansion.To achieve the effectiveness of information,avoid the existence of off-account funds,encourage branch companies to actively cooperate with the centralized management of corporate funds,and enhance the overall external status of the group.In the new model,the main function of the fund settlement center is to settle funds,and it also has the function of monitoring the implementation of the budget.The main work of financial companies is financing credit and unified management functions.Based on the inside and outside of the group,provide services for the centralized management of the company's funds.At the same time,in order to ensure that the operation of the new model can achieve the expected results,the author formulated relevant safeguards measures for the effective operation of the new model escort.To sum up,this article combines the actual situation of the H steel group to select,design and construct the centralized management model for the funds,and formulate a series of operating guarantee mechanisms to ensure that the centralized management model of funds can play the expected role.And hope to be able to write through this article,for large enterprise group capital centralized management model selection and construction of ideas and templates for reference.