Receivable management refers to the process of managing a company’s accounts receivable in order to ensure that payments are collected on time and the company’s cash flow is optimized.
Cash flow management is the process of monitoring, analyzing, and optimizing the inflow and outflow of cash in a business or personal finance context. It involves managing the cash resources of an entity in a way that ensures the entity can meet its financial obligations in a timely manner, while also maximizing the use of available cash to generate revenue and grow the business.
What is Working Capital? Working capital is the difference between a company’s current assets and its current liabilities. In other words, it represents the amount of money a company has available to cover its short-term obligations and expenses. Current assets include cash, accounts receivable (money owed to the company by customers), inventory, and other assets … Read more
