Traditional Culture Encyclopedia - Hotel accommodation - Reasons for the Rising Turnover Rate of Accounts Payable in Sunac China

Reasons for the Rising Turnover Rate of Accounts Payable in Sunac China

Improve the management ability of accounts payable and the profitability of the company.

1. Enhance the management ability of accounts payable: Sunac China strengthens the management of accounts payable and optimizes the collection and payment process of accounts. Through the screening and evaluation of suppliers, we can optimize supply chain management, control procurement costs, strengthen the collection and management of accounts payable, and improve the turnover rate of accounts payable.

2. Improvement of the company's profitability: The improvement of the company's profitability leads to an increase in the turnover rate of accounts payable. When the company's profits increase, the company will pay the suppliers more timely and complete the settlement of accounts payable more quickly, thus improving the turnover rate of accounts payable.