Accounts receivable management of small and medium enterprises in the post-crisis era: Based on the factoring perspective

摘要

The management of accounts receivable in small and medium enterprises (SMEs) is a big issue. Because of weak self-financing capacity, the management of accounts receivable in SMEs is becoming more important, especially during the crisis. This paper firstly presents the problems in the management of accounts receivable in SMEs and analyses the main factors. Then it elaborates the development of factoring in China and its advantages in dealing with accounts receivable management in contrast to other methods. Finally recommendations are discussed for accounts receivable management from factoring perspective in the post-crisis era.