Study on the Factoring Model of Account Receivable Management for Chinese Enterprises

DOI

10.2991/ssemse-15.2015.570How to use a DOI?

Keywords

Account receivable management, factoring, risk prevention

Abstract

In abroad, factoring is well developed and widely applied on managing the account receivable. Its validities are verified on the aspects of transferring financial risk, bringing down press of account receivable and improving finance structure. Yet in China, factoring is at a fast developing stage but still with a few problems. With the imperfect credit system, enterprises in China aggregate large amount of money on the account receivable. As a new comprehensive financial service, factoring makes apparent effects on respond to account receivable risks but also the acceleration of funds operation. This essay intends to explore the problems of factoring existed in China and provide some suggestions to expand factoring business.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - J.L. Liu
PY  - 2015/11
DA  - 2015/11
TI  - Study on the Factoring Model of Account Receivable Management for Chinese Enterprises
BT  - Proceedings of the 2015 International Conference on Social Science, Education Management and Sports Education
PB  - Atlantis Press
SP  - 2243
EP  - 2246
SN  - 2352-5398
UR  - https://doi.org/10.2991/ssemse-15.2015.570
DO  - 10.2991/ssemse-15.2015.570
ID  - Liu2015/11
ER  -