Research On Internal Control Management Optimization Of Purchasing In S Hotel Group

The procurement business of the hotel industry is closely related to engineering,sales,inventory,payment and supplier selection.It is an extremely important part of the hotel industry operation.S Hotel Group’s procurement categories are very complex,there are many connecting links and involve multiple functional departments,which is especially difficult to manage.The imperfect internal control management of procurement business will not only cause losses to the actual interests of S Hotel Group,but also affect the economic interests of shareholders and investors.By combining with the actual operating characteristics and development status of S Hotel Group and taking the internal control management of its procurement business as the research object,this paper is based on the theoretical knowledge and previous research results what we have learned.At the same time,through expert interviews with relevant personnel of S hotel Group’s procurement business,combined with risk assessment and other methods,the following problems are concluded in the internal control management of S hotel Group’s procurement business: lack of control over the introduction of supplier bidding;Information about suppliers and their products is not properly maintained;Lack of control over the procurement budget of independent hotels;There is a lack of management and control of purchasing payment in single hotels and problems in the management and control of purchasing business contracts.The causes of these problems are analyzed as follows:insufficient risk assessment management,ineffective supplier service evaluation mechanism,insufficient promotion of internal control culture,lack of competency of key personnel,poor information communication between functional departments,and the inability of information system to support online internal control management.All these may increase the risk of fraud in the procurement process which is very important to S Hotel Group and cause actual losses.Finally,this paper puts forward the procurement of S hotel group,the optimized plan for the internal control management of suppliers,procurement budget,procurement,procurement contracts,internal control management of information system and the part to redesign its weak internal control management,carry out optimization measures,at the same time S hotel group’s internal control construction to protect environment and thought.By constantly improving its own internal control environment construction and regularly checking whether the control points embedded in the procurement business process are continuously and effectively implemented,we hope to improve S Hotel Group’s internal control management of procurement business and create and maintain competitive advantages.