Cash Management Control Assignment Help

Cash Management - Cash Management Control

Cash Management Control

Cash concentration is the transfer of funds from various accounts into a central account to amend the efficiency of cash management. The integration of cash into a single account allows a company to maintain smaller cash balances to distinguish excess cash available for short term investments. The cash available in different bank accounts are combined into a master account. The rewards of cash concentration are
1) Cash control
2) Cash visibility


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