Successful activity of any enterprise entails an increase in the size of cash flows and the number of participants in business processes. The absence of a mechanism for managing cash can lead to the appearance of cash gaps and violations of the fulfillment of obligations. In such situation comes to the aid of business development of the automated treasury system, which allows you to organize the management of cash flows of the company.
The Treasury can successfully implement the following tasks in the enterprise:
- Effective planning of cash flows, the formation of cash flow budgets;
- Selection of allowable limits for cash balances;
- Statement of payment discipline within the company, the delegation of responsibility in the Unit-initiator of payments;
- Analysis of cash flows online;
- Management of accounts payable and receivable.
It is important to understand that tools such as a calendar of payments, budgets, cash flow, payment registry, as well as plan-fact analysis of spending flows and cash flows are the most important in the Treasury system.
