Good cash management requires the managing of cash flows, bank accounts and ensuring sufficient funds (in the right locations and currencies) to meet the financial obligations of the company.
Cash management comprises of three main parts:
In this module you will be guided through the best practice of cash and liquidity management.
Control over opening bank accounts - control over signatories - monitor bank fees
Expected payments - expected collections
Cash concentration requirements - Tax and regulatory constraints
Intercompany flows, loans and tax effectiveness
Netting costs, time savings and restraints
Introduction to Cash & Liquidity Management