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Cash Flow Management is an accounting process that involves tracking, managing, and forecasting the flow of money in and out of a business. It is a critical component of financial planning and budgeting, as it helps businesses to identify and manage potential cash flow problems. Cash Flow Management involves tracking and analyzing cash inflows and outflows, such as sales, expenses, investments, and debt payments. It also involves forecasting future cash flows, such as expected sales and expenses, to help businesses plan for future cash needs.
Cash Flow Management is an important tool for businesses to ensure that they have sufficient cash to meet their financial obligations. It also helps businesses to identify and manage potential cash flow problems, such as cash shortages or overspending.
Some companies in the Cash Flow Management market include Intuit, Xero, FreshBooks, Sage, and QuickBooks. Show Less Read more