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Cash Flow Management: Key Steps

Spreadym

Effective cash flow management is crucial for the financial health and sustainability of a business. It involves several key components and strategies, including: Cash Flow Forecasting : Businesses need to project their future cash flows based on historical data, sales forecasts, and other relevant factors.

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Navigating treasury trends in 2024: challenges, strategies, and the role of technology

Future CFO

Additionally, the integration of artificial intelligence (AI) and machine learning is becoming more prominent in finance and technology, transforming tasks such as forecasting, trend analysis, payment monitoring, and fraud detection.

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