Accounts Receivables Management
Open Access
- 31 January 2017
- journal article
- Published by Center for Strategic Studies in Business and Finance SSBFNET in International Journal of Finance & Banking Studies (2147-4486)
- Vol. 6 (1), 101-112
- https://doi.org/10.20525/ijfbs.v6i1.668
Abstract
This paper studied how Zoomlion Company Limited manages its accounts receivables. Based on multiple linear regression analysis, Kendall coefficient of concordance and One sample t-test, the result shows effective credit control systems by the company. However, poor monitoring and lack of effective follow up measures were the key challenges to debt management. The paper recommend stricter adherence to the credit policy and vigorously pursued effective recovery strategies and further prescribed best practices in accounts receivables management.Keywords
This publication has 1 reference indexed in Scilit:
- The Management of Consumer CreditPublished by Springer Science and Business Media LLC ,2008