ISSN: 2225-8329
Open access
This study focuses on the critical challenges DK Company faces in accounts receivable management, particularly high bad debt risk and low collection efficiency. In response, a comprehensive accounts receivable management system was developed and implemented, incorporating four key modules: credit evaluation, aging analysis, collection management, and financial reporting. By optimizing management processes, the system enhances the systemization, standardization, and transparency of accounts receivable management. This study employs a qualitative research approach, utilizing semi-structured interviews to gather feedback from DK Company’s finance and sales departments in order to assess the effectiveness of the optimized system. The findings indicate that the implementation of this system has significantly reduced bad debt rates, improved collection efficiency, and strengthened the company’s financial health. Furthermore, based on practical insights, this study proposes refinements in credit policies, enhanced employee training, and the exploration of intelligent system upgrades to ensure the continuous optimization of financial management. This research not only contributes valuable theoretical insights into accounts receivable management for small and medium-sized enterprises (SMEs) but also provides practical, actionable strategies for financial managers seeking to enhance receivables control and risk mitigation.
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