Yiheng Company Accounts Receivable Management Optimization Research

At present,many enterprises in China have achieved leapfrog development,but their current assets have gradually decreased.The main reason is that the management of accounts receivable is not in place,causing many enterprises to fall into financial crisis due to insufficient funds.In order to effectively alleviate the crisis of the enterprise,this study takes Yiheng Company as the research sample,combines the theory of accounts receivable management,starts from the current reality of the company,combines the problems in the management process and proposes feasible improvement methods.This research first briefly introduces the relevant background of accounts receivable management at the theoretical level,and then differentiates the core concepts of accounts receivable management based on literature and theory.Secondly,based on the business practice of accounts receivable management of Yiheng Company,this study discussed the current quality and management status of accounts receivable of the Company,and summarized the problems existing in each management node of Yiheng Company,including the imperfect setting of management functions of each department,the lack of credit policies for implementation,the imperfect contract management process,the failure to follow up customer credit changes in time in practice,and the single collection method of accounts receivable.In view of the above problems,this study uses the company’s account data and customer data to build a credit metrics model for customer credit risk measurement,and gives the following suggestions on process management optimization: set up a special credit management department in advance to formulate reasonable credit policies;Optimize business contract management and improve specific bad debt recognition;Regularly perform reconciliation feedback after the event,and flexibly select collection methods.At the same time,the security of the platform can also be guaranteed through the collection incentive mechanism,the professional talent team can be trained,the risk can be transferred reasonably,and the security of the platform can be guaranteed in an all-round way.