Executive Development Programme in Cutting-Edge Cash Management Techniques
-- ViewingNowThe Executive Development Programme in Cutting-Edge Cash Management Techniques is a certificate course designed to empower professionals with the latest tools and strategies in cash management. This programme is crucial for businesses seeking to optimize their financial operations, reduce costs, and improve profitability.
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โข Cash Management Fundamentals: Understanding the basics of cash management, including cash flow management, forecasting, and working capital optimization.
โข Electronic Payment Systems: Exploring the various electronic payment systems, such as Automated Clearing House (ACH), wire transfers, and electronic funds transfers (EFTs), and their role in cash management.
โข Treasury Management Systems: Learning about the software and technology used in treasury management, including treasury workstations, enterprise resource planning (ERP) systems, and automated teller machines (ATMs).
โข Risk Management in Cash Management: Understanding and mitigating risks associated with cash management, including fraud, market risks, and operational risks.
โข Bank Relationship Management: Building and maintaining effective relationships with banking partners, including selecting the right bank, negotiating terms, and managing day-to-day banking activities.
โข Regulatory Compliance in Cash Management: Ensuring compliance with relevant laws and regulations, such as anti-money laundering (AML) and know-your-customer (KYC) requirements.
โข Investment Management for Excess Cash: Managing excess cash through investment strategies, such as money market funds, short-term bonds, and commercial paper.
โข Cash Management Best Practices: Examining best practices in cash management, including cash pooling, zero-balance accounts, and just-in-time (JIT) inventory management.
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