Research On Optimization Of Risk Management For Factoring Business Of Corporate GHL Commercial Factoring Company

Factoring business refers to the transfer of receivables based on real transactions by suppliers to factoring companies,which provide them with comprehensive financial services such as factoring financing,sales sub ledger management,receivables collection,non-commercial bad debt guarantee,etc.Factoring business is the most suitable trade financing tool for growing small and medium-sized enterprises.Starting from the pilot commercial factoring company of the Ministry of Commerce in 2012,China's commercial factoring industry has entered the growth period from the initial stage,and the number and business volume of factoring companies have multiplied in seven years.Major financial groups,large enterprises,e-commerce platforms,small and medium-sized enterprises and foreign-funded enterprises have set up their own factoring companies.As a wholly-owned subsidiary of the financial capital management Co.,Ltd.under the highway aviation tourism investment group,the largest state-owned enterprise in Gansu Province,air travel commercial factoring company has unique advantages in project development and financing: on the one hand,relying on the industrial chain of air travel highway project,it can carry out commercial factoring business related to project construction in large quantities;on the other hand In addition,with the endorsement of the strong capital and credit of the shareholders,the company guarantees sufficient capital,which is advantageous in both project source and capital cost.In recent years,the market demand of commercial factoring industry continues to grow rapidly,business model and product innovation continue to emerge,and air travel commercial factoring company has also made great progress in industry research,business development and talent training.However,it is undeniable that there are still many problems in China's commercial factoring business,such as regulatory details to be clarified,lack of credit information sharing and restriction mechanism,single product,backward risk control technology,increased business risk and so on.Therefore,the research purpose of this paper is: to identify,quantify and optimize the business risk of the corporate air travel commercial factoring company by taking the corporate air travel commercial factoring company as the main body.There are seven chapters in the paper.Firstly,the background and significance of the research are described,the purpose and method of the research are indicated,and the content and framework of the research are constructed.Then,based on the theory and research review,the business process and risk control process of the company are introduced from the perspective of commercial factoring company of air travel,and then the existing risk of factoring business of commercial factoring company of air travel is identified and discovered by Delphi method At last,according to the result of identification and evaluation,the paper puts forward the corresponding risk management optimization strategy.According to the credit risk,operation risk and legal risk of factoring business,the paper puts forward to strengthen credit subject and debt assessment,establish customer credit rating system,introduce credit insurance,optimize business process,improve comprehensive quality of employees,improve risk early warning system,strengthen risk culture construction,ensure the validity of accounts receivable authenticity verification and control accounts receivable legally and effectively Standardize the transfer process of accounts receivable and other optimization strategies.In the face of the dilemma that the risk management business practice of commercial factoring company is ahead of the theoretical research,the research results of this paper can not only make the risk management operators of the commercial factoring company of Air China Travel think deeply and solve the important problem of optimizing the risk management of factoring business,but also make a little contribution to strengthening and deepening the theoretical research of risk management of factoring business,and then make scientific,professional The standard provides reference and application value for risk management of other fields or similar enterprises.