Project background
This group is a large-scale enterprise group with high-tech products such as automation systems and instruments, IT application-specific integrated circuits, functional materials and auto parts. , integrating diversified operations such as industry, science and technology, trade and service, with total assets exceeding 2 billion yuan and turnover exceeding 2 billion yuan in 2003. It is the largest production base of instruments and meters in China, and ranks among the top 500 industrial enterprises in China for many years. Top 100 domestic electronic information enterprises. It has a national technology center, more than 20 factories and more than 30 sales points in China.
The group settlement center was established in 1989. In the case of serious shortage of funds at that time, the introduction of banking mechanism into enterprises brought historic changes to the management of the group. By the end of 200 1 year, the capital of the settlement center is190,000 yuan (initial investment is 5.4 million yuan), and the financing of the settlement center is180,000 yuan, including: bank loan180,000 yuan.
main problem
1. The Group has used the financial systems of several software companies, such as Zhonglian, Jiuqiang, Xinzhongda, UFIDA and Golden Abacus. But in the end, they are scattered and there is no unity after implementation.
2. The poor enjoyment of data leads to the implementation of the whole group in an uncontrollable state of chaos, lack of overall arrangement and serious waste. Supervision is not timely enough. The decision-makers of group enterprises can't collect real-time fund information and grasp the overall fund situation of the group at any time, resulting in decision-making delay and control failure;
3. The funds are scattered and the use efficiency is low. Opening more accounts, coupled with the lack of management system, can not effectively dispatch scattered funds. The movement of funds is opaque and there are many illegal operations. Group funds are scattered in dozens or hundreds of settlement accounts of different commercial banks, which makes the funds of the group in transit extremely large and scattered, and some funds are even illegally stored in the small vault, resulting in waste and loss of funds;
4. Lack of funds and idleness coexist. It often happens that some subordinate units of the group still borrow from commercial banks because of the shortage of local funds when the overall funds of the group are sufficient, which increases the overall financial expenses of the group;
5. Information asymmetry. The subsidiaries of large enterprises moving towards collectivization are scattered all over the world, and the management of subsidiaries by the group has more or less the problem that managers can't fully and truly grasp the operating data, which makes the collection of decision-making information data appear high cost and trust risk.
solution
1. Through the analysis of general business management system, the characteristics of group fund management are clarified;
2. Define the account management method. Cancel the commercial bank accounts set up by all subordinate enterprises, and the group settlement center will sign a bank-enterprise cooperation agreement with commercial banks with group accounts on behalf of the group, and subsidiaries will open sub-accounts in different places under the group accounts; All subsidiaries open internal accounts in the group settlement center, and each account corresponds to the corresponding sub-account of the bank;
3, clear the two lines of revenue and expenditure management. Each detailed collection can only be transferred to the corresponding sub-account; The payment of each subsidiary is approved by the accounting of the settlement center within the fund plan, and the group settlement center makes electronic payment through direct connection between banks and enterprises;
4. Determine the fund settlement authority. Investment and financing business shall be handled by the group settlement center.
5, the introduction of capital budget management system, and incorporated into the fund management system, strengthen the prior control of fund management.
Customer evaluation
By using the fund settlement center system designed and provided by Cai Hua, the funds of each branch are centralized, so that the funds can be centrally controlled and flexibly allocated within the whole group, saving bank interest, greatly reducing costs and expenses, and greatly improving repayment rate.