Practical Sample Of Centralized Fund Management

1, a comprehensive clearance of bank accounts. Since there has been no effective management of the opening of bank accounts of member units, the specific situation is not clear. The result of the account clearing is "no wonder, the world is wonderful." the opening of bank accounts of each member unit is quite diverse. First, there are more than three or four accounts. A company has more than 20 bank accounts, and there are fewer. There are many banks involved, state-owned commercial banks, joint-stock commercial banks, and a large number of local urban commercial banks. Finally, there are some other bank account management in certain internal control risks. Individual bank accounts involve private deposits of public funds, though there is a necessary containment management, but there are still some problems.

The effective management of bank accounts is the starting point for the centralized management of funds. For this reason, the group company first blocked the opening of all bank accounts of the group, and all bank account opening procedures must be signed and agreed by the financial controller of the group company. Then, a democratic and centralized management approach is adopted to integrate the whole group's capital management business, including settlement, credit, intermediate business and other emerging businesses. The member units recommend the cooperative commercial banks according to their own business characteristics, and set up a company to carry out the overall balance, taking account of the volume of settlement business, the credit conditions and the quality of service. Dot set And electronic banking technology conditions, and then concentrated on commercial negotiations with commercial banks, in order to win the group's largest overall favorable conditions, and finally identified 4 cooperative banks, and signed a cooperation agreement between banks and enterprises. Within the scope of the determined cooperative banks, the member units draw up the account clearing plan and submit it to the group company for approval.

2, the direct connection between banks and enterprises and the authorization of bank accounts. Direct connection between banks and enterprises is in recent years. business The Bank launched a new e-banking business based on Internet banking. Its basic content is directly connected with the bank's core business processing system through the private line or public network, which speeds up the processing speed of the capital handling business and greatly improves the efficiency of fund management. Under the close cooperation of 4 commercial banks, through repeated tests of virtual accounts, the direct connection business of banks and enterprises was successfully opened. Thus, besides the traditional checks, telegraphic transfer and online banking, enterprises have more convenient and fast means of payment and settlement.

adopt Bank and enterprise Direct connection is not only to handle the capital balance inquiry and capital receipt and payment of the enterprise itself, but also to extend this function to the member units, so as to realize the balance inquiry, fund collection and capital allocation of the relevant account funds of the group company. Therefore, member units need to define their revenue accounts and expenditure accounts within the scope of 4 commercial banks. In principle, a company has only one income account, and the expenditure account can be multiple according to its business characteristics. The settlement center opens the total account in 4 commercial banks, and signs the three party authorization agreement for the revenue account. It implements the daily fund zero balance to be collected to the total account of the settlement center. The monthly capital plan is submitted by the member units monthly. After checking the settlement center, it determines the amount allocated. At the beginning of next month, the member's unit will go through the fund management system to process the request for payment, and it will be allocated from the settlement center's total account to its expense account, and it will handle its own external payment.

3, the test and on-line operation of the fund management system. In terms of business level, the direct connection between banks and enterprises and the authorization of accounts belong to the technical level. The business of capital account balance inquiry, fund collection and appropriation, capital plan and so on also needs a business processing platform. This is the fund management system. After a comparative analysis, the group company determines that the fund management module should be added to the original ERP system to integrate the bank and enterprise direct connection systems of various banks, support the operation of centralized fund management, and consolidate the centralized fund management system and a set of operation mechanism at the physical level and technical means, so that the work will not deviate from the original track due to the change of a leader's will or other personnel, and at the same time, it can minimize the workload of centralized management of funds, which is one of the core functions of the informatization of fund management. Comprehensive bank account clearance

For this reason, the settlement center worked closely with the software suppliers. On the basis of careful investigation and analysis, a settlement plan for centralized management of funds has been issued successively. The relevant business processing nodes have been thoroughly tested, and several rounds of training have been carried out for the members and the business personnel of the settlement center, so as to ensure the final operation of the system. At the operational level, the settlement center promulgated the policy documents of bank account management, settlement center management and other policy documents, and made detailed provisions on the opening of bank accounts, the operation of two lines of revenue and expenditure, the collection and appropriation of funds, the capital plan, the interest and settlement of funds, the internal credit and internal loans and other related businesses, and clearly defined the operation rules of the settlement center.