Cash management operations is the umbrella term used to describe the set of activities required to efficiently manage and maintain a business’s cash assets. It involves monitoring both current and future transactions, ensuring that sufficient funds are available to continue operations and manage risk with planned investments. To put it simply, cash management operations help businesses understand their liquidity needs so they can make informed decisions about how to use their available capital. By setting up processes for forecasting, budgeting, controlling, and recording cash flows, businesses can better optimize their resources to maximize potential returns.
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