The Study on Accounts Payable Management
|Keywords||Accounts payable Questionnaire AHP Decision model Application|
Lack of accounts payable management, as well as the shortage of funds is common problem in enterprises. In the context of the economic crisis, the difficulty of timely payment is even more serious. The main purpose of this study was to explore the factors that companies need to consider about selective pay and the importance of each factor in the context of limited resources, based on this research, constructs the accounts payable management decision model. Considering of the topic, this article has used the standardize research, the empirical study and the case study methods.First of all, based on the literature review of at home and abroad, we define the concept of credit and credit purchase, sum up its value, then come to the importance of managing accounts payable. Using of stakeholder theory, value chain theory, game theory and other theories, we in-depth analysis suppliers and business relationships.Secondly, along the processes of questionnaire design, pre-surveys, formal release and recovery, from the accounts payable management present situation description, the important of influence payment factors difference between in theory and the actual situation, the necessity and feasibility of strengthen the management, the system research from three aspects to show accounts payable management present situation. In order to guarantee the quality of questionnaire, the article has carried on reliability test and validity analysis, the test result showed that the questionnaire meets the research need. Then carried on the T-test to the different professional enterprises, the result showed that the importance of the factors have no difference in different profession enterprises.Moreover, on the base of the questionnaire result and the opinion of experts, through the analytic hierarchy process, analysis factor’s weight of accounts payable influencing, has constructed the accounts payable management decision model.The result indicated that the factors: difficulty degree from bank loan’s and the height of interest rate, the importance of supplier to enterprise which the payment decision-making first needs to consider.Finally, put the accounts payable decision model test which constructed in this article to enterprise’s actual problem, discovered that this model’s in application feasibility as well as the existence question, and gives the operation suggestion.