View: Developments in Cash Management System (CMS)

Cash management refers to efficiently handling a business’s cash. The cash Management system covers a range of activities including managing bank accounts, ensuring sufficient liquidity to meet short-term obligations, optimizing cash flows, and making strategic investment decisions. Despite the importance of cash management, many organizations rely upon error-prone spreadsheets for cash forecasting methods. Such forecasts…

View: Types of Cash Management System

The important objective of cash management of an entity is that it has enough money available to pay for what it needs in the present and near future. It’s the actual inflow and outflow of cash, highlighting the business entity’s ability to meet obligations at any given time. The cash management system has several types…

Cash management challenges and issues

Cash management challenges include poor cash flow forecasting, inconsistent revenue, late payments, high overhead costs, settlements or transactions in multiple currencies, regulatory changes, economic fluctuations, etc., which can strain the overall financial performance of an organisation. Cash flow refers to the real-time movement of money in and out of a business, showing the liquidity and…

Explained: Importance in Cash Management System (CMS)

Cash management refers to efficiently handling a business’s cash. The cash Management system covers a range of activities including managing bank accounts, ensuring sufficient liquidity to meet short-term obligations, optimizing cash flows, and making strategic investment decisions. The advantages of effective cash management of a business, Nowadays companies adopt Cash Management Systems designed and functioning…

Repatriation of Investments, income and Sale, Proceeds of Assets by NRI/PIO

Besides investment in Bank deposits, NRIs and PIOs can invest in various financial instruments in India with earnings being repatriable. These investments include stocks through portfolio investment scheme accounts, government securities, public sector undertaking Bonds, the National Pension Systems, or units issued by Infrastructure Debt Funds. Repatriation of all the foreign source investments and accrued…