Cash Collections and Transmission
by
Brian Coyle
Book Details
Format
Hardback or Cased Book
ISBN-10
1579581005
ISBN-13
9781579581008
Publisher
Taylor & Francis Inc
Imprint
Routledge
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jun 1st, 2000
Print length
128 Pages
Weight
414 grams
Product Classification:
Management decision makingBudgeting & financial management
Ksh 6,750.00
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Risk management is considered a vital business tool, and one that is complex and difficult to master. This text is part of a series that examines and applies the principles of risk management to a variety of business operations, and is suitable for individual or group training.
First Published in 2000. Money has a cost or a value. It has a cost to businesses that don''t have it and need to borrow it. It has a value to businesses that can deposit it to earn interest. All companies, large or small, should try to manage their cash to keep interest costs as low as possible, or to achieve high-interest income. Cash management is concerned with using money efficiently and effectively to control interest costs or optimize income. This volume book considers three important aspects of cash management: cash collection, banking configurations and electronic banking systems. They concern: the methods of collecting cash and making payments; the way in which bank accounts are organized; and the use of electronic systems for making payments and directing money flows.
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