Cash pooling is a financial management strategy that allows companies to maximize both their current credit and debit cash positions to optimize the use of surplus funds of all subsidiaries in a group in order to reduce external debt and increase the available liquidity.
A cash pool is a group of bank accounts with multiple sub accounts whose balances have been aggregated in the concentration account for the purposes of optimizing interest paid or received and improving liquidity management.
Learn about cash pooling and various techniques to manage cash pooling. Physical cash pools, notional cash pools, zero balancing, sweep accounts, target balancing, global cash pooling etc. Must for anyone working on Oracle or SAP ERP Implementations to gain functional expertise. Must for finance professionals to enhance their operations and business process expertise.
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