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Cash management is a major beneficiary of taking a proactive preventative measure to increase ones profit and to eliminate unnecessary spending habits and non value added services when conducting everyday business. Therefore, a brief overview and definition of the different types of cash management and short term management will be given to compare and contrast techniques, which will be given to management and the employees a more in depth explanation to equip themselves with the various terms used during current management techniques.
Cash management techniques are provided in many ways. In management and short-term financing, financial managers use different cash management techniques to minimize loans from outside sources and to ensure that sufficient cash is on hand to meet obligations...
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