Introduction to Cash Management

  • Teacher: TechnoFunc
  • Released: 2022-12-22 10:29:44
  • Level: Intermediate
  • Duration:
  • Price: $
Certificate:

No certificate is given for this course

Introduction to Cash Management

Free for members

Cash is a company's most liquid asset and it is very important that it is properly controlled, managed and available for the company to meet its obligations and run its day to day affairs. Controlling cash is one of the most important areas that a manager needs to focus on. This course looks at the basic components of cash management, namely the ways and means of raising collecting and paying money, and the attributes of the cash pooling and bank accounts management. In this course we will help you understand the definition and all important concepts pertaining to Cash Management. 

This course covers the definition and concepts pertaining to Cash Management. Explore all these exciting concepts covered in a very simple and understandable language in this course by TechnoFunc. This course discusses the corporate cash management process and also provide industry best practices for optimizing the process.  This is a course curated by seasoned experts from both banking and corporate treasury, offering the student with a unique perspective on both the demand and supply sides of cash management. We will provide you with all the materials you’ll need to complete the course. There are no deadlines to worry about and enrolment for this course is open 365 days a year, worldwide. Our exclusive courses provide the perfect opportunity to expand your knowledge, develop new skills and explore new professions.  Upon successful completion of your course and on passing the final assessment, you will be awarded an certificate of completion. Each of these certificates could prove helpful in supporting future job applications, or helping you climb the career ladder with your current employer.

Learning Outcomes of Course on Cash Management Overview

This course is an intensive programme, covering all key concepts related to treasury and cash management process. This course will help you drastically improve your knowledge and skills by helping you understand key concepts, terminology, issues, and challenges associated with the Treasury management process. The learning objectives of this Section are:

The learning objectives of this course are:

  • Learn the meaning of Cash and what we mean by Cash Management Process  Understand the inflow and outflow sources of Cash
  • Understand float, two types of float known as Collection and Disbursement Float and its importance in cash management process
  • Learn about various integrations to cash management and the way transactional data flows in a company
  • Identify the steps of the cash management process - cash positioning, cash forecast, funding and investments
  • Overview of key elements of cost, including payment fees
  • Gain understanding of the different types of float and service fees
  • Clearing as business concept including meaning of Clearing Account
  • Cash Clearing Process
  • Usage of Cash Clearing Account and Cash Clearing – Accounting Entries
  • Clearing V/s Suspense Accounts
  • Meaning and need for Cash Pooling
  • Techniques of Cash Pooling
  • Cross Border Cash Pooling and Cash Pooling - Considerations
  • Optimising liquidity for the investment of surpluses or the funding of deficits on a regional and global basis
  • Meaning of Account Reconciliation
  • Meaning and importance of Bank Reconciliation Process
  • Steps in Manual and Automated Bank Reconciliation
  • And lastly learn about the benefits that an effective Cash Management system brings to any organization
  • Gain certification

Free for members

About TechnoFunc


We provide resources for professional development and help our users build globally recognized strong career paths

© TechnoFunctional Institute