Cash management
Learn how making and collecting payments, e-banking, account structures, investments can contribute to effective cash management.
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Course Type
E-learning
Length
3 - 5 hours
What you’ll achieve
- Help your organisation and clients have the right money in the right place at the right time.
- Minimise time spend waiting for money to arrive, minimise the interest paid and maximise the value of your and your clients' money.
- Advise on which domestic and international payment methods are right for your organisation and clients.
- Decide on the best way of collecting payments, including different types of floats and Direct Debit collections
- Understand the impact that electronic banking can have on cash flow.
- Explore the attributes of different types of account that cash balances reside on.
- Assess the benefits of different short-term borrowing and investments instruments.
About this course
This course introduces you to mechanisms and techniques available to boost your organisations cash management. Learn how making and collecting payments, e-banking, account structures, investments can contribute to effective cash management.
Overview
E-learning |
|
3 - 5 hours |
|
Management Accounting |
Syllabus
Making payments
- Types of payment
- Cheques, drafts and card payments
- Individual payments, and bulk and batch payments
- International payments
- Opening up a new market
- Single Euro Payments Area
- Multilateral netting
Collecting payments
- The generalities of collecting payments
- Float in general, and mail, funds and information float
- Fees for collecting payments
- Banking and interchange fees
- Direct Debit collections
Electronic banking
- Accessing bank accounts
- eBanking
- Payment templates for individual payments
- Functions for file handling
- Proprietary eBanking and public eBanking
- SWIFT Corporate Access
Account structures and systems
- Debit and credit balances
- Attributes of a basic current account
- Zero balancing and target balancing
- Notional pooling
Short-term borrowing and investment options
- Money and market operations
- Short-term loans, bill financing and issuance of commercial paper
- Investing in bonds
- Credit risk and credit ratings
- Liquidity and yield curve risk.
How to access
You will be directed to an external site to complete purchase and VAT will be applied at checkout.
