Cash Management: Strategies for Long-Term Success

Overview

Many finance departments spend considerable time managing cash, particularly if the organization is highly leveraged or cash rich.  Many opportunities exist to reduce your financing costs or increase short-term cash returns if you manage cash effectively.  This session will cover a wide variety of day-to-day cash management tools.  

Speaker: John Daly

Highlights

• Developing short-term cash flow projections
• How do we assure adequate cash availability without having idle cash? 
• Take advantage of your bank’s cash management services
  • • Working capital loans
    • Controlled disbursement accounts
    • Sweep accounts and other short-term investments
    • ACH transactions
    • Direct transfers
    • Lock boxes
• Credit and collections
• Reconciliation frequency
• Managing cash short-falls

Prerequisites

Some corporate accounting or finance experience

Designed For

Corporate Finance Professionals

Objectives

• Learn to reduce finance cost
• Discuss increased short term returns
• Work through day-to-day cash management 

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.