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6 Best Practices Cash Managers Use to Streamline Their Cash Management Process

Large organisations often have a large amount of cash flow data, making it challenging for cash managers to manage their cash, especially using manual methods such as spreadsheets. The day begins with logging into several bank portals, retrieving bank statements, manually matching items from bank statements to spreadsheet data, adjusting cash positions, and making appropriate cash transfers. This method is inefficient, prone to errors, and time-consuming. Learn about the six practices that a cash manager must adopt in order to streamline this cash management process.
Six practices to optimize your cash management process

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The HighRadius™ Treasury Management Applications consist of AI-powered Cash Forecasting Cloud and Cash Management Cloud designed to support treasury teams from companies of all sizes and industries. Delivered as SaaS, our solutions seamlessly integrate with multiple systems including ERPs, TMS, accounting systems, and banks using sFTP or API. They help treasuries around the world achieve end-to-end automation in their forecasting and cash management processes to deliver accurate and insightful results with lesser manual effort.