Cash Flow ManagementMay 19, 2022 ⚊ 1 Min read ⚊ Views 76 ⚊ BUSINESS
Cash flow management is the process through which an organization maintains control over the entrance and outflow of finances. The fundamental goal of cash flow management is to ensure that cash inflows consistently exceed cash outflows, resulting in a profit for the organization. Cash flow management also ensures that any excess funds are wisely spent or saved to maximize returns on invested capital. This statement guarantees that you will be able to meet all of your financial obligations. It’s probable you’ll need to locate another source of funding until you’ve gotten your bearings.