22
Cash Management
“Cash flow management is the key to business success, but cash flow and profit are not the same thing.”
Anonymous
LEARNING OBJECTIVES
After reading the chapter, you will be able to:
Understand the concept of cash management.
Discuss the different motives for holding cash.
Look at the tools for efficient cash management.
Understand the concept and methods for efficient collections, such as the lockbox system and cash concentration.
Discuss the methods for efficient disbursement, such as managing the float and trade credit.
Understand the concept of optimum cash management.
Analyse various cash management models.
FINANCE IN PRACTICE
Cash management in local companies is a simple task. However, in multinational companies ...
Get Financial Management now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
