Effective management of business funds.

We will focus on such important things like effective cash management of the enterprise. If you occasionally don't have enough money, you should not hurry to cut costs. From this position you can go through the exercise of management and control finances to have the funds for all needs of the company.

In times of crisis, many Directors of companies in financial management, cut costs, lay off staff and lay low. The objective of any enterprise is not only to keep it afloat, and to firmly secure its financial position. The head of the company clearly needs to create an effective business. Proper management of capital of the enterprise allows you to quickly make management decisions, which is a priority in a difficult economic situation. To survive in a time of crisis can only be more smart and strong, without any problems attached to economic change.

One way out of difficult situations is the creation of a unified Treasury. When creating the Treasury cash management of the enterprise allows you to organize a sensible system of control of payments and receipts.

First, require the creation of a single classification of items of payments and receipts, as well as a complete business process, which is their plan.

Secondly, it is desirable to organize preparations for the establishment of the Treasury. This requires to create a service that will monitor the movement of funds on all legal firms and banks using the electronic program.

Third, you need to make a routine: when and by whom data will be made for a variety of items of payments and receipts into the system, especially in the absence of a system of “customer-Bank” a company that allows you to track the movement of funds. 

Fourth, management of funds of the enterprise requires further technical aspect, which creates maps of the migration to include the required data in the information system. A system of applications for the payment of money. Need to know what the money is spent. For this purpose we organize the process with a collection of applications and verification of technical analysts.

And fifth, you must install with the banks with which it has concluded agreements, electronic system, and to determine who will be eligible for signed invoices.

Fulfilling all these points, the correct circulation of documents will provide you with your finances. Management of business funds is the responsibility of the system and training of staff can reach six months.

Now we can talk about such an important process as the management of cash flows enterprises.

Managing cash flow  is one of the elements of enterprise management. The cash flows is divided into three types: operating, financial and investment.

Cash flow from Operating activities represents payments and receipts that are performed during the daily financial operations of the company.

The investment flow implies a cash outflow, which focuses on investment. Investments are called the acquired assets for the long term.

The Financial transaction in the receipt, repayment of loans and credits interest and dividends  paid-in capital, represent a financial flow.

Managing cash flow divided into operating and strategic management. We can distinguish several stages in the management of funds.
A) Planning activities of the company in 4-5 years. This is a business plan based on long-term goals of the company.
B) the Breakdown of the annual budget by month. Build a budget  given the current economic situation and capabilities of the company.
C) building a cash plan for a month. This happens on the basis of the annual budget taking into account the financial situation of the company.
D) a Breakdown of the payment schedule by days in a month. The construction is based on the cash plan.

The Purpose of these papers is the modeling of the cash balances by the end of the period and their assessment, as well as a clear understanding of whether there is enough of these funds for the implementation of the plans of the company.