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Phone:+86-760-22629215
Fax:+86-760-22629213
ATTN:Jared Chan,Spight Mao
E-mail:export@multiweigh.com.cn
ADD: 250,Third Dongfu Road,
Suicheng Suburb,Dongfeng Town,
Zhongshan,Guangdong,China |
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 Financial work is an important part of company's business activities. That the financial operation is correct or not, directly affect the company's health. Out-of-control of financial risk is the important reason caused many enterprises from be brilliant to declined. Cash flow is the enterprises' blood. High cash flow may still make the enterprises be high-speed development even if with low profit; lower cash flow may make the enterprises declined to collapse by bad debts even if with high profit. Control of financial risk includes credit control, controls of accounts receivable and payable, management of financial staffs.
Multiweigh regards the financial risk as the first risk. We strengthen the management of accounts receivable, to achieve the payment before delivery; strengthen the management of accounts payable, to achieve payment after delivery. We emphasize the written undertaking to be the basis of acceptance for the contract, standardize the relationship between the company and employees, distributors, suppliers and processing contractors.
Multiweigh financial analysis is an important basis for management decisions. Enterprises of different stages of development have different dependence on financial analysis The larger enterprises are, the more the management decision have to rely on financial analysis. Accurate financial analysis is the important guarantee of the stable management and rapid development of large and medium-sized enterprises.
Financial center departments:
Multiweigh Financial Center administer the Finance Department and Supply Department. Finance Department is responsible for capital balance, cost analysis of the entire company. Supply Department is responsible for purchasing materials for the entire company. Under the conditions of the fierce competition of the same products, the purchasing cost directly affect the product cost. It is necessary to reduce purchasing cost. On one hand, it depends on the efforts of purchasers; on the other hand, it depends on the Finance Department in close collaboration with the funds. Financial center directly administer the financial department and supply department, which can deploy a good relationship between capital and materials, in order to provide enterprises with the advantage on competitive cost. Accordingly, It is crucial that the financial center employees in positions of responsibility and sense of mission. They control the economic lifeline of the business, affect the development of enterprises, carry forward the enterprise morality. Their work must always be in the company's supervision.
The mission of the Supply Department:
Supply Department is committed to purchase all the company-wide materials. They must start work focusing on the principles of value. They must continue to spread Multiweigh culture of integrity and credit through their own faith to all suppliers be touched to obtain the relevant suppliers' strong support and establish long-term stable strategic cooperative partnership, also as to achieve victory of value chain in competition. Suppliers must continuously be self-study, self-improvement, business intelligence gathering, to assist the progress of the company's technology, strengthen the negotiating capacity, the price advantage available to ensure that the material costs be the industry leader to support the company participate in the industry limit competition.
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