How smart is your cash management strategy? Let’s review the fundamentals. Which of these statements is incorrect?
A. A sound cash management strategy involves looking at all of the organization’s cash inflows and outflows.
B. Collection processes and the average length of account receivable can have a significant impact on cash management.
C. Cash flow includes a company’s funding and investment activities.
D. Depending on the organization, a CFO, treasurer, business manager, or a cash manager is in charge of cash management.
You will find the answer in this eminent blog post from our business partner Coupa – a post that in 800 words straightens out the path to a sound and profitable cash management strategy.
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