Research On Centralized Management Of Funds Of E Group

Fund management accompanies the whole process of the company’s operation and development,and is an important cornerstone of the company’s survival and development.The scale of funds and the ability to use funds are important factors affecting the prospect of an enterprise.It can be seen that centralized fund management is the preferred management mode of large group companies,and a sound centralized fund system can promote the overall benefit of the group.But unfortunately,in the process of actual execution,due to funding system is not yet mature,the dynamic change of business environment,group headquarters focusing all permissions directly,headquarters and member units do not have a unified understanding of centralized fund management,resulting in a lot of problems in the process of centralized fund management,will also bring negative influence to the development of enterprises.By means of case analysis,this thesis makes an in-depth study on the centralized management of funds of E Group,a state-owned cultural tourism investment company.First of all,the thesis expounds the basic theory of centralized management of funds,and then summarizes the effectiveness of centralized management of funds by analyzing the status of centralized management of funds in group,and analyzes and summarizes the existing problems and causes.Finally,it puts forward measures to improve the problems in Group E.The main conclusions of this thesis include:(1)The positive significance of centralized management of funds is: the rate of capital collection increases significantly,which is conducive to the integration of internal resources;Improve the efficiency of capital utilization and save costs;Unimpeded investment channels,expand the scale of bank credit;The management of fund plans was strengthened,and the efficiency of budget preparation was improved.(2)The main problems of E Group in the centralized management of funds studied in this thesis are: reduced budget accuracy and difficult budget execution control;The return of internal deposits is too low and the interest rate of internal loans is too high;There are many projects under construction and large investment scale,and the risk of capital expenditure increases.The scale of debt expansion,increasing debt repayment pressure and other problems.(3)The thesis mainly from the following four aspects,specific strategies to improve the centralized management of funds,respectively,to manage the internal interests of the enterprise;Improving budget management;Strengthen management and supervision;We will improve the group’s overall risk control mechanism.