Evaluation of the Effectiveness of Existing Methods for Managing Receivables of an Enterprise

Tat&#039;yana Vinogradova

doi:doi:10.12737/2306-627X-2019-60-65

UDC 65 UDC 33 CSCSTI 06.81 Russian Classification of Professions by Education 38.03.01 Russian Library and Bibliographic Classification 6529 Russian Trade and Bibliographic Classification 7717 BISAC BUS001010

Evaluation of the Effectiveness of Existing Methods for Managing Receivables of an Enterprise

Published в Scientific Research and Development. Economics of the Firm · Volume 8, Issue 4, 2019 · Pages 62–67 · Rubrics: Enterprice finances

DOI 10.12737/2306-627X-2019-60-65

Received: 22.08.2019 Accepted: 29.11.2019 Published: 02.12.2019 Language of publication: RUS

Authors

Tat'yana Vinogradova ¹

1 South Ural State University (Higher School of Economics and Management, Senior Lecturer)
from 01.01.2012 to 01.01.2019 Chelyabinsk, Russian Federation

ABSTRACT

The article contains a description and analysis of existing methods of managing and controlling the accounts receivable of an enterprise. Methods are grouped into subgroups. In total, the author distinguishes four groups of methods that are used universally in both Russian and foreign practice. For each group of methods, their advantages and disadvantages in practical application are described. The article also presents the results of a study conducted by the author. The purpose of this study is to assess the effectiveness of receivables management in Russian companies. According to the results of the study, the reasons for the low efficiency of this process are identified and described. As well as factors affecting the likelihood of overdue receivables. The conclusion of article describes the recommendations that must be considered when managing the receivables of an enterprise and building relationships with debtors. These recommendations will be useful to the heads of financial services of the enterprise if it is necessary to improve the business process of working with debtors.

KEYWORDS

accounts receivable enterprise credit policy receivables management methods CRM factoring

Information References

Authors:

1. South Ural State University (Higher School of Economics and Management, Senior Lecturer)
from 01.01.2012 to 01.01.2019
Chelyabinsk, Russian Federation

Type:

Article

Pages:

from 62 to 67

Status:

Published

Subject area:

UDC 65
UDC 33
CSCSTI 06.81
Russian Classification of Professions by Education 38.03.01
Russian Library and Bibliographic Classification 6529
Russian Trade and Bibliographic Classification 7717
BISAC BUS001010 Accounting / Financial

Language:

Russian, English

Keywords:

accounts receivable, enterprise credit policy, receivables management methods, CRM, factoring

References

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