Research On Risk Management Optimization Of Accounts Receivable Of AK Company

With the increasingly fierce market competition,more and more enterprises use credit sales to expand product sales channels in order to gain a larger market share and improve their market competitiveness.However,with the gradual rise of credit sales,enterprise accounts receivable also increases.If the enterprise does not implement effective accounts receivable management measures,it is bound to lead to high accounts receivable,and the enterprise may also produce bad debt risk.Excessive accounts receivable will lead to the occupation of enterprise funds,affect the speed of capital turnover of enterprises,and thus have a negative impact on the operating conditions of enterprises.Therefore,the optimization of enterprise accounts receivable management measures become an essential and important topic in the process of enterprise development.AK company as a bus manufacturing enterprise,its accounts receivable has a large amount of money,long payback period and other characteristics,so for AK company,it is very important to strengthen the management of accounts receivable.On the basis of literature and theoretical research,this paper collects relevant financial data and information of AK company,analyzes the quality and management status of the company’s accounts receivable,and points out that there are some problems in the process of the company’s accounts receivable management,such as poor quality of accounts receivable,more dependence on big customers,unclear division of responsibilities of management departments,etc,By using analytic hierarchy process and expert scoring method to quantify the risk factors of the company’s accounts receivable,it is found that the deficiencies in the process of accounts receivable management are mainly concentrated in the formulation of risk management process.The specific risk points mainly include "insufficient customer credit rating","single collection means","less rigorous contract management" and so on.Therefore,on the basis of building a good industry environment and internal control environment,aiming at the company’s accounts receivable risk,this paper puts forward corresponding management optimization measures in three stages:before,during and after,and finally puts forward corresponding safeguard measures to maintain the good operation of AK company’s accounts receivable management,so as to achieve the optimization goal of AK company’s accounts receivable.Although this paper is a case analysis of AK company,but in the same industry in the receivables management of other enterprises also has reference significance.