James Bashaw | Cash Management: What Is It?
Cash management: What Is It? Cash management also referred to as treasury management, is the process of obtaining and managing cash flows from a company's operating, investing, and financing activities. It is essential to a business's capacity to maintain financial stability. According to James Bashaw , there are numerous services offered by organizations and people in the financial sector to help with different types of cash management. Banks are typically the primary provider of financial services. There are many different alternative cash management alternatives available for companies and individuals that want to maximize the return on their financial assets or utilize their cash as efficiently as possible. Money Flows From Operations This is one of the most crucial methods of cash management, according to James Bashaw . Below is a description of a business's cash flow statement. The source of the funds and their utilization in ongoing, regular business ope...