The lifeline of the enterprise
As we all know, capital activities run through the entire project construction life cycle of construction enterprises, and smooth capital circulation is the premise of ensuring the healthy operation of enterprise production and operation. For a large construction enterprise, it is inseparable from the support of a stable capital chain. In recent years, affected by multiple factors of the internal and external environment, the instability and uncertainties of the engineering construction industry have continued to increase, especially the tight capital chain has become a prominent factor restricting the healthy development of many enterprises. In the first quarter of 2023, more than 200 construction enterprises have gone bankrupt and reorganized due to the rupture of the capital chain across the country.
In the critical period when strategic opportunities, risks and challenges coexist and uncertainty increases, how to prevent and resolve various capital risks and build a safe and efficient capital chain? How to promote the optimization of business strategy and development strategy through capital chain management? This is actually the most important problem that construction companies need to think about and solve at present.
OneManagement innovation improves efficiency
The vitality of management is the first in innovation, and management innovation is the premise of the company's efficiency. In today's era, construction engineering enterprises should use management innovation to improve management efficiency and create greater management value. In terms of specific project management, it is necessary to set up different management structures according to the actual situation of the project, allocate resources in a targeted manner, dynamically allocate resources according to the progress of the project, and carry out centralized overall management of resources to improve the efficiency of resource utilization. The innovation of the management system is essentially to improve the efficiency of resource utilization, and it is a necessary institutional measure for fund management!
IIImprove coordination between the field and the back office
In the management of the project site and the handling of the relationship between the background, it is necessary to clarify the management responsibilities of the two. Enterprises with a certain scale should concentrate greater resource management authority in the background, such as establishing a unified platform for capital management, material procurement, cost control, safety management, progress management, etc., and concentrate various resources on site management, strengthen the dynamic monitoring of the site in the background, so as to achieve timely warning and correction at any time, so as to maximize the level of capital management, improve the efficiency of capital utilization, and reduce the operating costs of enterprises. From this point of view, doing a good job in fund management is inseparable from the technical support of the information management platform, and information management is the general direction of the upgrading and development of capital management.
IIIFine-grained management to prevent the risk of chain breakage
As the blood of an enterprise, capital directly determines the life and death of an enterprise, therefore, as a large-scale, capital-dependent construction engineering enterprise, it is necessary to take more refined capital management measures to prevent the risk of capital chain breakage. Enterprises can start from the following four points: first, increase the inflow of funds, including the first of various payments, but also the use of assets and other means to revitalize the stock of receivables, of which the project is the core; The second is to control capital expenditure, and in project management, each project is subject to revenue and expenditure, and the cash flow at the project level is self-balanced to ensure the positive cash flow at the company level; The third is to revitalize the stock of funds, revitalize the precipitated funds deposited in various projects and banks, expand the capital pool, and improve the overall liquidity of the company's funds; Fourth, strengthen risk management, for the funding gap found in the budget, it is necessary to study and judge the financial market risks in advance, formulate a number of emergency plans and implement them at the right time. It is believed that these four points are related to the essence of capital management, which not only requires enterprises to cultivate relevant refined management concepts, but also needs to use professional management platforms to use digital and information management methods to realize the fine management of enterprise funds and prevent capital chain risks.
Through the introduction of information technology and digital tools, Yiqi Engineering Cloud helps enterprises realize the digitalization, automation and optimization of business processes, and improve the production efficiency, quality and competitiveness of enterprises. At the same time, Yiqilian Technology also provides technical consulting and support for enterprises to help customers achieve better results in the process of digital transformation.