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Using Cash Visibility to Your Advantage

May 28, 2013 − by Keith − in Blog − Comments Off on Using Cash Visibility to Your Advantage

In a world where ‘Cash is King’, a very important part of cash management  is the visibility of knowing how much cash you have on hand at any given time, in any given location.    Having this foresight offers companies flexibility in how to meet payment obligations, saves costs, and can reduce foreign currency risk.  Knowing your domestic account balances is one thing, globally knowing all balances is effective cash management.

If you would like more information about how cash visibility and cash forecasting can help your company grow, contact the professionals at the Ledgewood Group today.

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