Abstract
At the present stage, group companies are facing higher difficulty in financial management, especially for some group companies with a large number of subsidiaries, which are more likely to have deviation problems in financial management. Fund management is a key part of financial management of group companies. At present, more and more group companies adopt centralized fund management mode for their subsidiaries. This mode has obvious advantages in application, which can realize efficient use of funds and improve the ability to cope with financial risks. However, in the process of centralized fund management of group companies, there are still high difficulties that may easily lead to fund management problems, and should be paid close attention to. This paper first briefly discusses the common mode and basic functions of the centralized management of subsidiary funds, then focuses on the analysis of the current problems in the centralized management of subsidiary funds of the group company, and finally discusses the countermeasures.
Highlights
In the process of centralized fund management of group companies, there are still high difficulties that may lead to fund management problems, and should be paid close attention to
When group companies implement centralized fund management for subsidiaries, it is often limited by the low overall management level, and the corresponding capital utilization ratio has certain problems, so they cannot use funds efficiently and orderly, which leads to the waste of funds, and low profits from capital use
At present, it has become a common method for group companies to implement centralized fund management for subsidiaries
Summary
Under the background of rapid social and economic development at present, the number of group company is increasing and the number of subsidiaries involved. The management of the group company is more difficult; especially the financial management is facing higher requirements. Based on the financial management work of the group company, centralized management of its subsidiaries has become an important means and mode, which requires centralized management and scientific allocation of funds for each subsidiary, so as to better improve the utilization rate of funds and effectively avoid capital risks. The group company has obvious advantages in implementing the centralized fund management mode for its subsidiaries, it is relatively difficult. It is easy to cause some problems and deficiencies, and the centralized fund management mode should be constantly optimized and improved in order to better promote the overall high-speed development of the group company
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