Cash Management Business can be defined as the practice of planning and managing cash flow to reduce the risk of holding idle cash. It involves strategies such as designing a banking structure that can efficiently manage deposits, boosting liquidity through short-term investments, controlling costs by setting up payment systems, and using technology to make payments quickly and securely. Cash management helps businesses ensure they have the right amount of money readily available to fund daily needs while also maintaining profitability. In other words, it’s all about making sure your hard-earned money works for you!