Research On The Financing Of Accounts Receivable Of Dongfang Road And Bridge Group

Construction industry as a pillar industry of our country,its development can promote the progress of related industries.Used construction machinery,heavy equipment,material purchase,workers' wages and a series of huge spending all need enough money to support,however,the construction industry partial payment due in accordance with the proportion of completed construction projects and cutting pay the project in batches and deduct quality retention money industries such as characteristic,caused the accounts receivable of construction enterprises the characteristics of long payback periods,slow speed of the receivable,Therefore the construction unit can only continue to work in the way that the funds are paid,and in the long run,a large amount of the works will be in the accounts of the enterprises in the form of in the accounts.Lead to the enterprise capital turnover efficiency is low,the cash flow is short,faced with the greater financial risk,the enterprise development is also limited.As a construction enterprise,road bridge group has typical characteristics of its industry,with large amount of accounts receivable,shortage of cash flow,difficult financing and high risk.The use of accounts receivable financing becomes a feasible way to solve the financing difficulty of enterprises.It not only can solve the risk of accounts receivable to cash,help enterprises to improve the financial situation,improve the liquidity of the assets,also help enterprises improve the efficiency of management of accounts receivable,accounts receivable management to reduce costs,revitalize the enterprise funds,enterprise financial structure optimization.This paper adopts literature research and theoretical analysis combined with case study research method,on the basis of literature research,on the domestic and foreign scholars and experts to accounts receivable financing carding and induction,the related theory study of the accounts receivable financing related theory as the theoretical basis,combined with case study object Orient bridge group of accounts receivable management present situation and the financing present situation analysis,thereby to put forward the necessity and feasibility of accounts receivable financing.Then,by using the method of fuzzy mathematics analysis compares paper analyzes the financing efficiency of three kinds of financing modes From six factors of financing efficiency,and ultimately through the fuzzy comprehensive evaluation is most suitable for the Oriental bridge group is accounts receivable factoring financing financing mode.Finally based on the Oriental bridge group corporation accounts receivable financing put forward concrete Suggestions,in order to ensure the smooth p development of accounts receivable financing in the future,for the same type of construction enterprise receivables management provide certain reference significance.