Total Cash Management: A Company-Wide System for Forecasting, Managing, and Improving Cash Flow Alfred M. King

ISBN: 9780070346048

Published: March 1st 1994

Hardcover

352 pages


Description

Total Cash Management: A Company-Wide System for Forecasting, Managing, and Improving Cash Flow  by  Alfred M. King

Total Cash Management: A Company-Wide System for Forecasting, Managing, and Improving Cash Flow by Alfred M. King
March 1st 1994 | Hardcover | PDF, EPUB, FB2, DjVu, AUDIO, mp3, RTF | 352 pages | ISBN: 9780070346048 | 4.61 Mb

Its no secret that cash is the lifeblood of all successful businesses. With a positive cash flow and on-hand reserves, a company has the competitive advantage to grow, expand, and prosper. Without them, a company can fall prey to the kinds ofMoreIts no secret that cash is the lifeblood of all successful businesses. With a positive cash flow and on-hand reserves, a company has the competitive advantage to grow, expand, and prosper. Without them, a company can fall prey to the kinds of paralyzing cash shortages that precipitate drastic measures. Now a leading authority on cost management systems shows you how to set up and install a total cash management system thats guaranteed to increase the productivity and flow of your most precious resource.

Total Cash Management is designed to help all managers - from engineers to human resources directors to the heads of purchasing departments - become cash-conscious and able to make operating decisions in concert with maintaining efficient cash flow. All departments must be involved because, in the authors words, every single decision made in a company affects cash and every single decision is measured by its impact on cash. This innovative, detailed, and specific book shows you how to create a proven, company-wide program that both maximizes the availability of cash in your organization and ensures that all available cash is used optimally.

Youll discover how to turn accounts receivable into hard cash- increase sales through better pricing- factor the cost of cash into every business decision - from hiring a new employee...to implementing an advertising campaign...to installing a just-in-time production system- remove the padding from budgets and forecasts- develop an effective TQM team- determine a desired level of bank balance...and stick to it- manage the conflict among rate of return, risk, ease of investment, and flexibility- analyze investment options and choose the rightadvisors- use short-term borrowing as a solution to cash flow problems- cope with inflation when it returns- and much more!



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