The current payment management system is imperfect or has rules to follow, which leads to the out-of-control payment management. With the growth of aging, enterprises can't effectively withdraw funds, which makes the capital flow in an abnormal state and even bad debts, resulting in serious capital losses; Or only in the range where the funds have been recovered and not lost, regardless of the time value lost due to the long-term occupation of working capital in time.
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The management of current account can be divided into three stages: before, during and after. Management in advance is particularly important. When signing a contract, we should fully realize the financial risks of current funds, establish corresponding systems, and strictly control the contract signing, procurement process and loan links.
We can't blindly adopt a loose credit policy without in-depth investigation of the credit status of the partners in advance, and only pay attention to the high profits on the books, ignoring the problem of whether the working capital can be recovered in time, thus increasing the risk of current payment.
Leaders should fully demonstrate in advance to reduce mistakes. After the transaction is formed, there will be certain risks and deviation from the initiative, so it is very important to strengthen pre-control
All departments and leaders at all levels should attach great importance to preventing and controlling current account risks reasonably and effectively. Management departments should establish brand-new marketing concepts, strengthen customer credit management, and clarify the responsibilities of relevant departments and personnel. The financial department should strengthen supervision, ensure the effective implementation of the internal control system, and strive to minimize the risk of current accounts.
Baidu Encyclopedia-Current Payment