Financial Management for Nonprofit Organizations, 3rd Edition

CHAPTER 11CASH MANAGEMENT AND BANKING RELATIONS

1. 11.1 INTRODUCTION
2. 11.2 WHAT IS CASH MANAGEMENT?
   1. (a) Banking Environment
   2. (b) Purchasing Bank Services
   3. (c) Managing Bank Service Charges
3. 11.3 COLLECTION SYSTEMS: MANAGING AND ACCELERATING RECEIPT OF FUNDS
   1. (a) Lockbox Processing
   2. (b) Checklist of Collections-Related Services and Activities
4. 11.4 DISBURSEMENTS
   1. (a) Designing the Disbursement System
   2. (b) Fraud and Internal Control in Disbursements
5. 11.5 STRUCTURING A FUNDS MANAGEMENT SYSTEM
6. 11.6 MONITORING BANK BALANCES AND TRANSACTIONS
   1. (a) Balance Reporting and Transaction Initiation
   2. (b) Account Reconciliation
7. 11.7 CASH FORECASTING
   1. (a) Cash Scheduling
   2. (b) Data Elements for Cash Flow Estimates
8. 11.8 SHORT-TERM BORROWING
9. 11.9 SHORT-TERM INVESTING
   1. (a) Bank Sweep Accounts/Investment Services
   2. (b) Institutional Money Market Funds
10. 11.10 BENCHMARKING TREASURY FUNCTIONS
    1. (a) Larger Organizations
    2. (b) Smaller Organizations
11. 11.11 UPGRADING THE CALIBER OF TREASURY PROFESSIONALS
12. 11.12 SECURITY AND RISK MANAGEMENT ISSUES
    1. (a) Types of Financial Risk
    2. (b) Fraud
13. 11.13 TRENDS IN TREASURY MANAGEMENT
    1. (a) Key Performance Indicators
    2. (b) Automation and Technology
    3. (c) Tapping Service Provider Expertise and Outsourcing
    4. (d) Cash Management in Practice
14. APPENDIX 11A: DIRECT PAYMENT FOR NONPROFITS
15. APPENDIX 11B: DIRECT PAYMENT CASE STUDY

11.1 INTRODUCTION

When managing cash and cash flow to achieve your organization's target liquidity, proficiency in cash and treasury management is essential. The organization ...