Understanding Cash Management for Better Cash Visibility

Treasurers are likely familiar with the phrase – Cash is King, but why is it so? It is the building block of any business, big or small. For any successful business, managing cash efficiently is imperative, especially during these uncertain economic times.

The main goal of cash management is to ensure that the right amount of cash is available at the right time and right place. Visibility of cash provides better decision making, better financial results, and ensures cash is used efficiently to meet the organization’s liquidity needs, thereby sustaining growth and corporate profitability.

In episode 2, Danecia Stewart, Solution Principal, HighRadius will guide you through the basics of cash management, as well as share tips and tricks for preventing cash shortages and making the most of surplus cash.