cash management Free Essay, Term Paper and Book Report
Cash flow is the essence of a business and the goal behind cash flow management is to determine the cash needed for day-to-day business devoid of losing investment options as a result of having two much cash. Although there are many cash management techniques they vary with the products and services sold, and how the particular business is run. When cash flow management is productive it allows a business owner to free up cash in order to make short or longterm investments. This paper will show the comparisons and contrasts of various techniques of cash management with one another. It will also review the various short-term offers available, and their differences.
By businesses projecting the inflow and outflow of cash, the financial manager can determine the amount of cash that will be available during a select period. Assorted techniques of this projection can be through a cash flow projection, shortening collection cycles, offer credit, monitor inventory, electronic funds transfer (EFT), and E-Commerce.
Preparing a cash flow projection is a useful tool in aiding......
Word Count: 1515
Page Count: 6 (250 words a page / double spaced)
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