What is the meaning / definition of in the industry?

The term describes the field of management that concerns itself with the collecting, managing and investing of cash. Cash Management is highly important in due to its ability to improve cash flow and shortening the cash cycle. Thereby allowing operations departments to act and purchase more flexibly.

The objective of is to maximise liquidity, optimizing cash resources, control cash flows and maximise the value of funds while minimising the cost of funds.

solutions can be anything that increases the efficiency and cost effectiveness of financial processes.

See Also:

  • Cash Conversion Cycle


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