Search This Blog

SEO MASTER

How To Increase Your Cash Flow

For most companies, accelerating receipts to make cash available quickly may be far more important financially than earning the maximum interest on a disbursement float.

Their daily objective is to get all checks and payments processed and cleared as immediately as possible in the company's bank account. All checks should be taken care of promptly. The challenge is to make employees realize the difference between big or important checks requiring special attention and those that are routine receipts.

Rather than keeping a check received after 3pm until the following morning, it may be strategic for your cash flow to have an employee attend to those checks and have them deposited that same afternoon.

Likewise, if you can assign the mroning shift to bring checks as early as the bank opens may save you a day in the float.

Become aware of your bank's check clearing policies and procedures. Work around those schedules. For distant customers bypass the postal system by asking the customer to make a direct deposit.

No comments:

Related Posts with Thumbnails
Do you need extra money?
Are you interested in FOREX?

Open an account in MARKETIVA
Start trading .... with as little as USD 1.00
Plus you get USD 5.00 reward to sign up!!
You don't even have to deposit your own money to start trading!!!
IT"S FREE!

Don't miss this oppurtunity,
No regrets!
Click here to register :
Coupon (for 1st 20 registration only!)
FVWLX8WEP3
W5KHO5VTRU
KVH3IPYLVI
Q8ARMWF2JL
FGENKU6C9W
BRPKTTA5SP
NC2MM97Y7R
ANUB55YHH5
JA2EBOZYD5
SRVNYOHB22
KOX91Y0NO8
DVSDEYT99U
TZFOYKIVH7
TX2F77GU5S
7A3CWOHMWL
SJ887G0OEC
4QX3MIPFY5
0QHS2N08NY
RS67J0ULA6
DWVMH9IXY4