How do they go about the execution of cash management?

[accountinglads]

They are based on four steps: (1) financial data intake (gathering and verifying records), (2) flow mapping and forecasting (visualizing cash flows and predicting future positions), (3) strategy implementation (doing things to optimize the timing of inflows and outflows), and (4) continuous monitoring and updates (following performance with respect to plan and making corrections). This loop process assists in keeping in track with actual cash flow and changes in business environment.

[Author]

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