Cash Management

Overview

Cash management involves overseeing and optimising a company's cash flows to safeguard its solvency and financial efficiency. Done well, it ensures the business always has the liquidity it needs to operate.

Common Uses

• Balancing accounts
• Cash flow forecasting
• Minimising financing costs

Examples in Small Businesses

• Tracking payments and receipts
• Assessing liquidity needs
• Managing short-term debt