What problems will exist in the enterprise cash flow management

Cash is becoming more and more important to enterprises, cash flow has become an important indicator for evaluating the credibility of enterprises, the potential for enterprise development and enterprise value assessment, in some places, banks have begun to take the enterprise cash flow situation as an important basis for whether to give credit to the enterprise, and some even take the future cash flow of the enterprise as a guarantee of repayment, which can be seen, the enterprise strengthens the cash management of the enterprise to be invincible in the competition It can be seen that strengthening cash management of enterprises is more and more important for enterprises to be invincible in the competition and to maintain sustainable development ability.　　Enterprises to strengthen cash management, including increasing cash flow and improve the effectiveness of the use of cash in two aspects, the author combined with the enterprise's current cash management problems, on these two aspects of their own views.　　First, to strengthen the enterprise cash management in all aspects and the whole process (a) the unified management of funds, the unified deployment of the use of funds, to strengthen the management of the enterprise branch of the cash In order to prevent the extracorporeal circulation of funds, to strengthen the management of funds, many enterprises have taken a series of measures to strengthen cash management. Can draw on the cash management system, including: their own branches to implement strict budget management; the implementation of the imprest system for each department; strict branch of the management of bank accounts opened: "two lines of income and expenditure", all income is uniformly surrendered to the enterprise headquarters unified allocation of the funds required for the branch, by the headquarters of the enterprise unified audit and arrangements, and so on.　　(ii) Strengthen the management of current accounts and inventory, accelerate the turnover of funds Enterprises should be the following measures to reduce the outflow of cash, increase the inflow of cash, reduce the time of capital occupation: Strengthen the management of accounts receivable and accounts payable; Strengthen the management of other accounts receivable and other accounts payable; Strengthen the management of accounts receivable in advance and accounts payable in advance; 4. Strengthen the management of inventory; 5. Strictly corporate accountability for the collection of funds to accelerate the return of cash return, reduce and control the proportion of bad debts; at the same time as far as possible to use commercial credit, reasonable use of customers' funds.　　(C) Appropriate use of corporate credit and bank credit financing, increase the amount of cash at the disposal of the enterprise When the enterprise's cash is not abundant, the enterprise can use its own commercial credit and bank credit, through the handling of banker's acceptances, to reduce the payment of cash for external procurement; or through short-term financing and medium- to long-term financing, to regulate the enterprise's disposable cash flow. Due to the banker's acceptance does not require the bank to use cash, simple procedures, in recent years, more and more for the bank and most of the enterprises to accept, and become an important means of enterprise cash management, to make up for the lack of cash for daily operations.　　For banker's acceptances need to be based on the purchase and sales contracts between enterprises, enterprises generally pay a certain percentage of the deposit can be processed, according to the strength of enterprises, reputation and relationship with the bank, the proportion of the deposit is generally between 10% -50%, the period is generally within 6 months.　　(D) to strengthen the enterprise investment process of cash flow management and control of traditional cash management, focusing only on the unified scheduling and use of cash, but the investment project is negligent in the management of the project, so that many investment projects into the bottomless pit of enterprise cash flow.　　Second, careful planning, scientific operation, improve the effectiveness of the use of cash (a) the use of bank deposits of different periods of capital operation 7 days notice deposit is a bank for the absorption of corporate deposits and the introduction of a flexible and convenient way to open a convenient one-time deposit of a large sum of money for the batch of funds, only 7 days in advance to notify the bank by phone, the funds will be transferred from the notice of the deposit account into the call account, the original part of the interest rate is still based on the notice deposit. The original portion of the funds will continue to accrue interest at the call deposit rate. In fact, some banks in order to attract customers, only 1-2 days advance notice can be, the enterprise ultra short-term surplus cash, financial benefits are very considerable.　　If the enterprise obtains 12 million yuan of funds at the beginning of the month, the end of the month will be paid out in full, the enterprise can use the 7-day notice deposit. The day of the 7-day notice deposit interest rate of 1.89% per annum, the call rate of 0.99%, if only as a demand deposit, the month's interest is only 12 million yuan * 0.99% / 12 = 9,900 yuan, 7-day notice deposit monthly interest of 12 million yuan * 1.89% / 12 = 18,900 yuan, the monthly interest difference of 9,000 yuan.　　In addition, such as the enterprise cash surplus of more than 3 months, due to various restrictions, can not invest in securities, you can take the 3-month fixed-term and notice deposits in combination: the enterprise to arrange the capital plan, more than 3 months of funds deposited into the 3-month fixed-term account, less than 1 month of funds deposited into the notice deposit account, the current interest rate of 3-month fixed-term deposits for 1.98%. In this way, the enterprise maximizes the return on its funds at virtually no risk.