Strengthen financial management to enhance the competitiveness of enterprises

Abstract: As the market economy, continuous improvement and development, increasing competition among enterprises, and financial management for enhancing the competitiveness of enterprises plays a vital role that sound management is inseparable from sound financial management system by achieve a reasonable financial management to optimize capital structure, investment decisions more scientific, to enhance the core competitiveness of the market, to achieve the maximization of economic efficiency of enterprises.

Keywords: financial management, economic competitiveness

Modern enterprises are market-oriented production and business activities in production and management process, only based on market rules, reduce costs, investment in scientific decision-making direction to the fierce market competition advantage, therefore, how to strengthen financial management, full enterprise and a variety of resources, the pursuit of economic efficiency optimization, will undoubtedly become a business manager and financial staff in the focus of attention.


First, highlight the capital operation, strengthening cost accounting to improve the economic efficiency of enterprises

Capital chain is fundamental for survival and sustainable development, is the blood Financial management is for companies to raise funds, conduct a reasonable use of the management and distribution, so to improve the economic efficiency of enterprises, it is necessary through financial management to achieve the optimization of the structure of enterprise resources, and ultimately to cut costs, strengthen cost accounting, improve enterprise competitiveness objectives.

1. Strengthen cost accounting, procurement of raw materials strictly off. Business most of the funds are used to purchase raw materials, strictly control the cost of doing business, the rational use of procurement funds, so that raw material prices to a minimum to achieve maximum profit, increase economic efficiency effective means to achieve this goal will require the purchasing department to ensure quality of raw material in the context of different suppliers inquiry, lower prices, comparison, selection, choose the best sources. If bulk cargo, bulk cargo, can be the use of bid tender, by a fierce competition among suppliers, and ultimately a lower supply prices, allowing companies to minimize the cost of procurement.

2. Comprehensively improve the overall quality of financial personnel, strict control of administrative costs, save money. The level of financial management directly affect the operational efficiency and competitiveness of the enterprise's survival and development is inseparable from the rational mobilization of funds and effective use of, and strengthen financial management, strengthening of cost accounting, standard cost reimbursement system is to improve enterprise efficiency is an important way, therefore, the financial management expertise to continue to learn and improve their own quality, not only to master financial expertise, but also familiar with production and operations and national finance, taxation, and other laws and regulations. financial officers to actively participate in financial literacy training and study, continue to add new knowledge, new experiences, in order to create more benefits for enterprises.

3 integration of resources, scientific decision-making, optimize capital operation. Modern enterprise development and survival are closely related with the market information, financial management should focus on business development and growth goals, clarify the real situation, as the leading decision-making as a good staff, full use of the fixed assets , and human strengths, seize opportunities, optimizing capital operation, and ultimately the company bigger and stronger.


Second, strengthen financial supervision and to effectively improve the management level of consciousness

Financial supervision and financial management is an important part of its budget to ensure the realization of great significance. Enterprises to compete in a market economy in the current dominant position, we must strengthen the role of financial oversight, eliminate corruption, so that all kinds of rational and efficient use of resources for enterprises to create greater profits. finance staff to the management of financial balance and monitor the activities of management to detect financial management problems, inadequate financial management system and there the weak link, and puts forward suggestions for improvements and remedial measures so as to further improve the financial management system to improve the financial quality of work.

To ensure that corporate financial goals, improve efficient use of resources, elimination of inefficient resource utilization and timely for all their business activities to provide the necessary funds, companies must be in their business activities, the full use of enterprise information systems offer a variety of information on the company's resource allocation reasonable supervision and control. finance staff through the review of financial documents, check books, reports, statistical analysis of financial data, in-depth internal potential, increase savings, with limited funds to create more economic benefits for the enterprise through a comprehensive analysis of financial activities, to grasp the use of various resources, according to the actual situation of realistic budget, and oversee the company's revenue and expenditure in accordance with the budget implementation to ensure business work funding. implementation of the budget process problems in a timely manner and take reasonable and effective measures to resolve to ensure a balanced budget. Links to free download http://www.hi138.com Third, strengthen financial management to reduce enterprise economic risk

As the market economy, environmental uncertainty, risk management has become key to the sustainable development of the healthy, to establish a modern enterprise must be able to take risks, to maintain market competitiveness of the financial mechanism for the effective implementation of financial management, efforts to improve the economic efficiency, the successful achieve the overall goal. As a result, corporate financial managers must forecast the environmental changes brought about science and all the uncertainty, the financial management and enterprise risk management combine. to take all precautionary measures so that business may suffer economic risks and to minimize possible losses.

Enterprise's economic risk, is stricken because there is no financing capacity or lead to unsustainable debt and the risk of financial management information should be timely and comprehensive understanding of business, focus on key areas of concern in the major financial risks to the budget management center the financial system construction, the pursuit of assets to maximize operational efficiency as a priority objective, and continuously strengthen the financing, investment risk management, and timely scheduling of unreasonable risk of corporate capital and other financing to assess, we know that business investment may be at risk the direct cause, so to avoid economic risks that could lead to the business activities of enterprises, can effectively reduce the risk of losses.

Enterprise funds to run this course in the risks posed by the business and financial condition will have a direct impact, which requires risk management and financial management of organic combination of the establishment of effective risk management mechanism. Financial management personnel in responding to regular comprehensive financial analysis of appropriate financial risk decision-making, to strengthen the financial forecasting, planning, management, scientific and rational approach to prevent and avoid financial risk, financial risk to a minimum to ensure the normal operation of enterprises.


Summary:
Financial management objectives are: to the production operations to raise capital, control production costs and financial costs, the company's various funds are reasonable and effective use. Manage the overall goal of corporate earnings and business goal is the same, are In order to achieve the maximization of corporate profits, so a reasonable financial management system and effective financial management can help enterprises to a greater extent to reduce production costs, better financing, and improve investment returns, and ultimately enhance the body in the market core competencies. Links to free download http://www.hi138.com