Please enable JavaScript.
Coggle requires JavaScript to display documents.
TECHNIQUES OF CASH MANAGEMENT - Coggle Diagram
TECHNIQUES OF CASH MANAGEMENT
Synchronizing cash flows
It means cash inflows and outflows occur simultaneously
Accelerate cash collection
Zero Balance acounts
Wholly owned collection centre
Automated Clearing Houses
Pre-authorized cheques
Concentration Banking
Lock Box system
Delaying Payments -Managing outflows or Disbursements
Payment through cheques
Float management
Avoidance of early payments
Centralised cash payments
Other Techniques of cash management
Reducing the time span of production cycle
Investment in marketable securities
Minimum operational cost
Effective Inventory management