Research On Accounts Receivable Management Of DT Company

Since the outbreak of the global financial crisis in 2008,there has been a widespread shortage of funds in the process of enterprise development.Faced with such a situation,credit sales of accounts receivable has become a common business model adopted by enterprises.Although this sales model promotes product sales,there is uncertainty about whether accounts receivable can be recovered.Once accounts receivable cannot be recovered,bad debt losses will affect the turnover efficiency of liquidity of enterprises,and even affect the normal production and operation of enterprises.Based on this,this paper studies the management of accounts receivable,and establishes and improves the management system of accounts receivable.Based on the relevant theory of accounts receivable management,this paper focuses on the current situation of accounts receivable management of DT company.This paper analyses the problems existing in its current management from the three dimensions of prior event,on-the-job event and afterwards event,and puts forward some suggestions.Research found that DT company’s prior management has the problems of inadequate implementation of credit approval,insufficient internal incentive mechanism and imperfect risk management awareness.DT company’s on-the-job management has the problems of imperfect contract management,over-simplified provision for bad debts and financial system lacking information support.DT company’s afterward event management has the problems of invalid collection mechanism,measures that do not transfer risks and untimely follow-up of customer information.Improve the accounts receivable management of DT Company by referring to the whole credit management model.This paper puts forward some suggestions on strengthening the management of customer credit assessment,improving the internal incentive system and establishing correct risk management consciousness in advance management.Puts forward some suggestions on strengthening contract management,establishing a scientific system of baddebt reserve and improving the level of financial software system in on-the-job management.Puts forward some suggestions on establishing and improving an effective collection mechanism for accounts receivable,Actively financing with accounts receivable and strengthening customer dynamic information follow-up in post-event.This paper analyses the management of accounts receivable of DT Company,in order to provide considerable suggestions for the management of accounts receivable of the whole industry.