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Managing Cash Flow

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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