Translated Abstract
In the intense competition of the market environment, if companies want to expand their market share, and keep the advantages of the products, sell on credit is one of the most convenient and effective ways. So there comes to account receivable. But the current low level of the management of AR has been a main factor that hinders the improvement of the company. Therefore, deal with management of AR properly, speed up turnover of capital, it is of great significance to prevent risk of operation, and create more achievements. So how to manage AR scientifically and improve the risk level of sell on credit, it is an important topic to promote the company’s sustainable development.
This essay takes JS Company as research object. Firstly, it introduces the research achievement related to AR from home and abroad, and makes explanation to the cause of risk effect; secondly, it has a profound analysis on the present situation of management, after the diagnosis of the problem in the management model, it analyses the causes. This essay points out that the main problem is that there are deviations in management concept, shorting of organization structure, incomplete operation flow, defective evaluation index, etc. then seek a proper solution from the research for the origin of the problem. Finally, to solve all the problems, combined with suitable research theory, taking the global credit management mode as research theory, this essay puts forwards the system of AR management which is focus on three management systems and three security measures; the purpose is to optimize the management level of JS. Then the construction of the basic safeguard measures, including improve performance appraisal, perfect the system platform, strengthen staff training, to insure the implementation of the global credit management system in JS efficiently.
This essay introduces the essence of AR management theory; the final destination is to improve the general competition of JS Company. It might provide some references to similar companies, and create some new insights on credit sales and establishment on the AR management system.
Translated Keyword
[Account Receivable,, Management of AR, Sell on Credit,]
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