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Probe into Strengthening the Management of the Receivable Account

Liu Wen-hu

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Abstract

This paper analyzes on the various disadvantages caused by the poor management of the receivable account of the enterprise at present, and puts forward some methods for the effective management of the receivable account such as workingout the rational credit policy, establishing the internal report systemand risk management system for the receivable account, and doingwell the regular account checkingand credit right confirmingofthe receivable account, etc.

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What this paper is about

This paper analyzes on the various disadvantages caused by the poor management of the receivable account of the enterprise at present, and puts forward some methods for the effective management of the receivable account such as workingout the rational credit policy, establishing the internal report systemand risk management system for the receivable account, and doingwell the regular account checkingand credit right confirmingofthe receivable account, etc.

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Available abstract

This paper analyzes on the various disadvantages caused by the poor management of the receivable account of the enterprise at present, and puts forward some methods for the effective management of the receivable account such as workingout the rational credit policy, establishing the internal report systemand risk management system for the receivable account, and doingwell the regular account checkingand credit right confirmingofthe receivable account, etc.

Key concepts: Accounts receivable, Factoring, Business, Risk analysis (engineering), Actuarial science, Operations management, Finance, Economics

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