6 Best Practices Cash Managers Use to Streamline Their Cash Management Process
Large organisations often have a large amount of cash flow data, making it challenging for cash managers to manage their cash, especially using manual methods such as spreadsheets. The day begins with logging into several bank portals, retrieving bank statements, manually matching items from bank statements to spreadsheet data, adjusting cash positions, and making appropriate cash transfers. This method is inefficient, prone to errors, and time-consuming.
Learn about the six practices that a cash manager must adopt in order to streamline this cash management process.
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