ระบบการจัดการสภาพคล่อง กรณีของบริษัทในกลุ่มบริษัท เอทิลีน จำกัด / อภินันท์ โอฬาพิริยกุล =Liquidity Management System (LMS) : a case of Ethylene Company Limited Group / Apinun Olapiriyakul
The purpose of this case study is to gather the knowledge in the field of process management, theory of liquidity management, and Liquidity Management System. Mainly intention is to apply those principles and turn into the real process to improve the efficiency and effectiveness of corporate liquidity management. Modern era of financial management not only maximize shareholder's wealth but also making the decision in the important policy especially in investment, financing and dividend Liquidity Management System is the tool to control the liquidity of the Company’s accounting by Financial Institutions. This system transfers surplus funds from the parent company to their subsidiary accounts. Meanwhile, if the subsidiary company needs fund, the excess funds from parent company will transfer to the subsidiary account. The interest rate is calculated based on the market rates. Status of the borrower and the lender can switch position. In the next morning, the system will transfer funds (the same amount that were transferred from at the end of the previous day) back to the owner account.
The raw data from 7 banks for select the one to take responsible of Liquidity Management system was analyzed by pros and cons. Focusing on the key services and support, reliability of systems and processes, information and reports and security of the system. The result of research showed that the Company group got benefit from the Liquidity Management System. The Company group can reduce net interest costs and get additional benefit from the services from the bank to manage financial with more efficient.
