Strategically Speaking: 19 Tips for Better Cash Flow Management
Careful cash management is more important than ever. Traditional practices may not be in your best interest today.
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Contrary to popular belief, cash management is not the sole province of the finance department. It requires the cooperation and participation of every major functional area of the organization.
More importantly, the new emphasis on cash management may require that certain long-cherished beliefs about the “right” way to manage the business be reexamined, and decisions based on lowest unit cost take a back seat to actions that conserve cash reserves. Here are some of your options.
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David Hetherington
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