Research On The Management Of Accounts Receivable In XK Company

In today's highly competitive market economy,in order to improve the market share of their products and deal with the brutal market competition,enterprises begin to sell by means of credit sale,so that a large number of accounts receivable come into being.The level of the management of accounts receivable directly affects the level of the capital utilization of the enterprise,and then affects the operating efficiency of the enterprise.Many enterprises in the market are bankrupt due to the inflow of funds.Therefore,improving the management level of accounts receivable has become a major problem.I first introduces the present situation of the research on the risk management of accounts receivable at home and abroad.and then I analyze the risk management of the accounts receivable in detail in the case company XK company.it points out the problems in risk management of accounts receivable,which are reflected in the aspects of management department's responsibility,credit sale process and contract management,customer's credit management and collecting policy.This paper puts forward four suggestions on improving the risk management level of the accounts receivable of XK company.First,we need to strengthen control before receivables happen,establish independent credit management departments,set up customer credit evaluation system,improve sales personnel performance evaluation index,and strengthen supervision over salesmen.Second,in the occurrence of accounts receivable,it is necessary to effectively manage,establish and improve the system of credit liability,improve the contract management mechanism,and do a good job of regular accounts reconciliation.Third,after the accounts receivable occur,we should timely handle,formulate a reasonable and effective account receivable policy,do well in the follow-up management of accounts receivable,and establish a good after-sales service system.Fourth,improve the internal control system of the company,clarify the responsibilities of internal control,strengthen control activities,and strengthen the communication of credit information;Fifth and sixth,give specific methods for transfer of accounts receivable risk,they are factoring accounts receivable and securitizing accounts receivable;Finally,I sum up this paper and look forward tothe future of the accounts receivable management,hope that the research on accounts receivable management can be more mature,then,the level of accounts receivable management of our enterprises will go up to a higher level.