Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)

Strategies of Receivables Management in Multi-entity Organizations

Authors
Grzegorz Zimon
Corresponding Author
Grzegorz Zimon
Available Online December 2018.
DOI
10.2991/febm-18.2018.2How to use a DOI?
Keywords
Receivables; Group purchasing organizations (GPOs); Strategies
Abstract

Receivables management is the most important area of ​​financial management. Their level and a management policy have a decisive impact on the financial safety of enterprises. Receivables are the basic component of current assets. In general, short-term receivables (current receivables), i.e. receivables from customers are the largest share in the structure of receivables. Managers are still looking for some tools, methods of managing them, which will enable them to manage such a policy that will allow their quick impact without the risk of losing a contractor. Consumers operating in the functioning market gain large opportunities to manage receivables from customers in group purchasing organizations, capital groups and clusters. Joint operation allows using certain tools and methods that improve the receivables management process. The aim of the article is to present the strategy of managing receivables in group purchasing organizations. They were divided into branch and multi-branch ones. Purchasing groups are most often associated with the purchase process, the effect of scale. However, the joint action has a strong impact on building a receivables management strategy. The analysis was carried out on a group of 70 Polish small trade enterprises. The research was carried out on the basis of financial statements for the years 2014-2016. Selected financial ratios and statistical methods were used for the research.

Copyright
© 2018, 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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Volume Title
Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
December 2018
ISBN
978-94-6252-623-5
ISSN
2352-5428
DOI
10.2991/febm-18.2018.2How to use a DOI?
Copyright
© 2018, 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/).

Cite this article

TY  - CONF
AU  - Grzegorz Zimon
PY  - 2018/12
DA  - 2018/12
TI  - Strategies of Receivables Management in Multi-entity Organizations
BT  - Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)
PB  - Atlantis Press
SP  - 5
EP  - 9
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-18.2018.2
DO  - 10.2991/febm-18.2018.2
ID  - Zimon2018/12
ER  -