The Research On The Accounts Receivable Factoring Financing Of S Logistics Company

The accounts receivable factoring financing brings new opportunities for enterprises to reduce the balance of account receivables and improve the liquidity of account receivables,so that it has been developing rapidly in our country recently.At the same time,in the 21st century,the modern logistics industry develops so rapidly that the third-party logistics market has become increasingly competitive,in order to maintain the performance growth and competitive advantage,S logistics company continues to broaden the credit period for customers,which also caused the lack of liquidity in accounts receivable turnover,the balance is too large and rising too fast and other issues,which very likely lead to the lack of necessary funds to develop business and expand the market in the long run.Taking into account the characteristics of third-party logistics difficult financing and less collateral,S logistics company decided to seize the opportunity of following the current development trend of factoring business,and actively seek cooperation with factoring agencies to improve its own accounts receivable and enhance the strength of enterprises.This article first introduces the current situation of accounts receivable management of S logistics company to explain the background conditions why S logistics company decided to carry out factoring financing,and then analyzes and studies the status quo of S logistics company's account receivable factoring financing model,which has reduced the management pressure and management costs of the enterprise's accounts receivable and improved the liquidity and the operating cash flow of S-Logistics companies to a certain extent.While there are also some areas that need to be improved,for example,the timing of factoring applications is unreasonable,the type of factoring financing is single,and the factoring financing department is missing etc.To this end,the paper puts forward some feasible suggestions from the five aspects like how to seek factoring partners,broaden the scope of factoring financing,recycle the amount of factoring,form professional factoring teams,carry out factoring promotion work and strengthen receivables credit management to improve the management of accounts receivables of S logistics companies,which will be helpful for companies to effectively improve the quality of accounts receivable and factoring financing strength.So that S logistics companies will be able to better meet the requirements of factoring agencies,and constantly expand the scope of corporate factoring financing to enhance the competitiveness of enterprises.The main innovation of this paper is to improve the factoring financing of S logistics companies,which will provide sustainable financial support for the company to expand its operating performance and seize market share through credit sales.At the same time,this achievement also provides a reference for other similar third-party logistics companies to carry out and improve the financing of accounts receivable factoring.