Managing Cash Flow

Cash flow management is ensuring that cash flow in outweighs cash flow out. The equation may sound simple in principle, but in practice can require a range of different strategies. In addition to the basics, consider limiting expenses, managing inventory, and leveraging relationships with suppliers to extend credit terms.

John Ingold, a risk and financial management expert with IBM Canada, and Marie Houde, Director, Cash Management Products, RBC Royal Bank®, discuss key strategies for effective cash management.

In this article, you’ll learn about:

  • Turning inventory into cash
  • How to handle excess cash
  • Minimizing cash out
  • Covering shortfalls
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