Cash Management - Day to Day Best Practices
Overview
Many finance departments spend considerable time managing cash, particularly if the organization is highly leveraged or cash rich. Many opportunities exist to reduce your financing costs or increase short-term cash returns if you manage cash effectively. This session will cover a wide variety of day-to-day cash management tools.
Highlights
- Developing short-term cash flow projections
- How do we assure adequate cash availability without having idle cash?
- Take advantage of your bank’s cash management services
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- Working capital loans
- Controlled disbursement accounts
- Sweep accounts and other short-term investments
- ACH transactions
- Direct transfers
- Lock boxes
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- Credit and collections
- Reconciliation frequency
- Managing cash short-falls
Prerequisites
Some corporate accounting or finance experience
Designed For
Corporate Financial Professionals
Objectives
- Reduce finance cost
- Increase short term returns
- Day-to-day cash. management
Preparation
None
Leader(s):
Leader Bios
John Daly, President, Executive Education Inc
John L. Daly, MBA, CPA, CMA, CPIM, is a Chelsea, Michigan based management consultant specializing in pricing strategy, strategic planning, and business turnarounds. He has taught continuing professional education courses since 1995. Earlier in his career, Mr. Daly was Chief Financial Officer for a medium-sized Tier 1 automotive parts supplier. He has also been CFO for a large restaurant chain and COO for a manufacturer of window treatments. Mr. Daly is the author of Pricing for Profitability: Activity-Based Pricing for Competitive Advantage published by John C. Wiley & Sons, New York.
Non-Member Price $109.00
Member Price $79.00