Benefits of Cash Flow Management
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Added on 2023-01-19
About This Document
Cash flow management is an effective process that helps in tracking inflow and outflow of money from the organization. It is useful in keeping track of expenses and maintaining liquid cash to pay off the expenses. It also helps in expansion of the business by relying less on external resources of the company. Cash flow management assists in assessing the cash position, evaluating changes in operating, investing and financing activities, and making the best possible financial and economic decisions. It provides detailed information about the quality of enterprise revenue and cannot be manipulated as it reflects the cash inflows and outflows. It also helps in determining the financial structure and the ability of the company to adapt to changing conditions.
Benefits of Cash Flow Management
Added on 2023-01-19
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