Research On Optimization Of Accounts Receivable Management Of Yizhong Automobile Company

Accounts receivable is an important financial asset of an enterprise,which has an important impact on the cash flow,profitability and operational risk of the enterprise.For the vehicle manufacturing enterprise,accounts receivable management is a very important financial management issue.The high proportion of accounts receivable has a great impact on the enterprise’s capital liquidity and solvency.If the accounts receivable are too high,it will cause the enterprise to face the shortage of funds,and even threaten the normal operation and development of the enterprise.At the same time,the high proportion of accounts receivable will also have a negative impact on the profitability of enterprises.If the accounts receivable cannot be recovered in time,it will increase the cost and risk of the enterprise.Therefore,how to optimize enterprise accounts receivable management has become an important issue in enterprise management.The research on the management of accounts receivable of automobile manufacturing enterprises is helpful to optimize the capital liquidity and solvency of enterprises,improve the operating efficiency and profitability of enterprises,and ensure the healthy development of enterprises.Under the economic background of the current epidemic and the Red Sea market,it is of great significance to optimize the management of accounts receivable of enterprises to recover the capital flow of enterprises,and to sound operation.Based on the investigation of the current situation of the management of accounts receivable of Yizhong Automobile Company,this paper uses case analysis,literature research and investigation analysis methods to analyze the problems in the company’s account period management,collection management,credit management and other aspects from the establishment of the company’s account receivable management system,effective internal and external communication and cooperation,and the company’s ability to recover accounts receivable.Through the guidance and practice of internal control theory,and with reference to the best practices of the industry,it provides comprehensive management suggestions for the management of enterprise accounts receivable.First,it should promote the construction of the management and control system of accounts receivable,including optimizing the accounting period management,establishing a credit evaluation system,establishing a bad debt reserve system,risk control mechanism and risk evaluation system;Secondly,the optimization of accounts receivable management process should be strengthened.Specific measures include strengthening internal process management,improving collection efficiency,optimizing collection channels and establishing internal cooperation mechanism;Finally,we should strengthen the construction of the recovery ability of accounts receivable.The specific measures are to strengthen the team capacity construction,optimize the cooperation efficiency and strengthen the internal and external information sharing.The suggestions and solutions provided in this article will help enterprises strengthen internal management,improve supplier management,improve the efficiency of accounts receivable collection,and promote collaboration and information sharing among internal departments.The implementation of these solutions will have a positive impact on the accounts receivable management of Yizhong Automobile Company.By implementing these plans,Yizhong Automobile Company will be able to better manage its accounts receivable,timely recover arrears,reduce the amount of accounts receivable,improve capital utilization efficiency and operational efficiency,and thereby enhance the overall strength of the enterprise.At the same time,these programs will also promote collaboration and information sharing among internal departments,strengthen internal management,and improve the comprehensive competitiveness of enterprises.Therefore,Yizhong Automobile Company should actively promote the implementation of these solutions to achieve optimization of internal management and efficiency improvement.