What Is a Business Advisor?
The consulting business refers to the commercial bank collecting and sorting out relevant information based on its advantages in reputation, talents, information, etc., and through the recording and analysis of this information and the movement of bank and customer funds, to form systematic data and plans, and Service activities provided to customers to meet their business operation management or development needs.
Consulting business
Right!
- Chinese name
- Consulting business
- Foreign name
- Consulting business
- Nature
- Service activities
- Species
- Corporate Information Consulting Asset Management Consultants, etc.
- The consulting business refers to the commercial bank collecting and sorting out relevant information based on its advantages in reputation, talents, information, etc., and through the recording and analysis of this information and the movement of bank and customer funds, to form systematic data and plans, and Service activities provided to customers to meet their business operation management or development needs.
- The consulting business is a service business whose main content is the transfer, sale, and provision of services, and it covers a wide range. Its significant features:
- Provide better services to banks and society through consultation, and improve the social visibility and reputation of banks;
- Consulting business is an important part of information systems;
- The main content is credit and funds and related projects.
- According to different natures, consulting business is mainly divided into enterprise information consulting business, asset management consulting business, financial management business and cash management business.
- 1. Enterprise information consulting business. It mainly includes project evaluation, corporate credit rating evaluation, verification of registered capital of enterprises and credit consulting.
- Commercial bank project evaluation refers to a comprehensive review and evaluation of the proposed project based on the feasibility study, from the necessity of the construction project and the technical and economic rationality, to provide a basis for decision-making for the commercial bank's credit business. The main purpose is to reduce loan risks and improve economic efficiency.
- An enterprise's credit rating assessment is a bank or related credit evaluation agency's assessment of the company's ability to pay money, repay its debt, and solve its debts based on certain criteria.
- Verifying the registered capital of an enterprise is a business in which the business administration department accurately provides the authenticity and legality of the registered capital of new and old enterprises.
- Credit consulting business is that the consulting department stands in the middleman's position and provides the company's main financial information and makes a fair evaluation of the company's credit to meet the needs of the company in the production and operation process to understand the counterparty's credit level, ability to pay and delivery Conducted business.
- 2. Asset management consulting business. Includes comprehensive asset management services for institutional or individual investors.
- Generally speaking, the bank's consulting department appoints specialized personnel to apply scientific methods to conduct qualitative and quantitative analysis of problems in the management of enterprises or individuals' assets based on investigations and research based on the requirements of enterprises or individuals. Suggestions to improve their asset management status and guide the business during implementation.
- 3. Financial advisory business. Various types of fee-based consultancy services provided by banks to companies. Generally, they provide financial-based consultancy services during company restructuring, acquisitions and mergers, securities issuance, project financing, leasing, and daily operations.
- 4. Cash management business. Commercial banks assist companies to analyze cash flow scientifically, so that companies can manage cash balances scientifically and reasonably, and use excess cash for short-term investments to increase returns. Assisting enterprises with cash management through banks helps enterprises achieve the purpose of not occupying funds and ensuring flexible turnover of funds.
- The methods of cash management mainly include accelerated turnover method and deferred payment method.