As engine oil lubricates the engine of a motor vehicle, so does liquidity lubricate the operations of an organization. Today’s business environment is such that suppliers are demanding that payments should be made early while customers have learnt to delay payments. An organization that cannot meet up with its cash obligations will hardly survive even where it is generating profit because bills are settled with ready cash, not profits on paper.
At the end of this programme, participants would have been introduced to the current trends in cash management. They will understand how to optimized receivables and payables to ensure stability. They will also be exposed to opportunities available for investing idle cash successfully to enhance growth and profitability.