Cash management is a critical function for any organization.
Organizations must be aware of their current cash position and future cash needs in order to make sound business decisions. Effective cash management requires accurate forecasting. Companies must be able to anticipate changes in their cash position and take steps to ensure that they have enough funds on hand to meet their obligations. Changes in revenue, expenses, and investment activity can all have an impact on an organization's cash needs.
Discover more about current trends and challenges in cash management in the SAPinsider research report. Download now!