Research On The Management Mode Of SDNY Group’s Bill Pool

With the increase in the workload of domestic corporate cash management and the continuous improvement of management level,monetary fund management in the traditional sense has been unable to meet the current financial service needs of enterprises,and financial services have a trend of expanding to generalized cash management.Bills are an important settlement and financing tool for enterprise groups.It is of great significance to establish a unified bill pool for the group,improve the use of bills throughout the group,and enhance the efficiency of bill use.This article uses literature review,comparative analysis,case analysis and other methods to learn from existing research literature and common management models,and conducts an in-depth study on SDNY Group’s bill management model.First,this article compares and analyzes the three commonly used "bill pool" management models in China,and summarizes the advantages and disadvantages of each model.Secondly,it analyzes the current situation of SDNY Group’s bill management,and finds out the problems and causes of bill management.Thirdly,it designed a feasible plan for SDNY Group’s "bill pool" management model and its core business management.While providing bill services,this plan can effectively take advantage of the centralized management of funds of commercial banks and financial companies.It promotes the realization of bill payment,credit and financing functions,and greatly improves the asset scale and income of finance company.Finally,the article describes the implementation plan and safeguard measures of SDNY Group’s "bill pool" management model.Taking SDNY Group as an example,this article combines the characteristics of cooperation with banks and centralized management of physical and virtual bills mode,and designs an integrated "bill pool" management mode suitable for the group.This model realizes the unified management of group bill information,separate deposit margin,nationwide decentralized pooling,and group allocation quota,which in a true sense achieves the unity of the entire group bill management model and bill management system.The research results not only have guiding significance for SDNY Group’s bill management work,but also have reference and promotion significance for other companies that need centralized bill management.