Cash Management Free Essay, Term Paper and Book Report
With companies expanding locally and globally, the role of cash flow management is crucial to any company as it is the determining factor whether a company is successful or is in need of improvement. It is imperative to understand the differences between the various cash management techniques and short term financing methods. The following paper compares and contrasts the different cash management techniques as well as the various methods of short term financing. While it can be a challenge for even the biggest companies to sustain working capital but at the same time these companies need to make sure that they have enough cash flow management in order to operate, which is the key ingredient in any organization.
In understanding basic financial management skills requires one to be familiar with the different cash management techniques. They are international cash management, management of accounts receivable, inventory management, and just-in-time inventory management. The first cash management to discuss is the international cash management. The comparison for this particular......
Word Count: 887
Page Count: 3.5 (250 words a page / double spaced)
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