Cash is undeniably regarded as the lifeblood of any company. An appropriate amount of cash on hand reflects a healthy business with an adequate liquidity level, which is
Cash is undeniably regarded as the lifeblood of any company. An appropriate amount of cash on hand reflects a healthy business with an adequate liquidity level, which is attractive to investors. Cash management involves a wide area of corporate processes in managing cash, ranging from payables, receivables, and liquidity management, and therefore is very important to a business.
Especially in a sluggish economy where lending is limited, cash management can be critical to a company’s survival. A business could fail despite being profitable without good control of cash flow. Even in a robust economy, prudent managers look for projects to improve or better manage their cash flow. Thus it is evident that cash management is a major factor in the success of any enterprise, regardless of external economic forces. For this reason, well-planned project initiatives are essential to ensure the organization remains on the leading edge of technology tools for maximizing cash flow.
This session will highlight how a project management framework can be utilized to ensure that cash management projects are well executed and address the business’ needs. A case study will be used to illustrate each of the process in the project lifecycle.
(Wednesday) 6:00 pm - 8:30 pm
Novotel Hotel Ploenchit
566 Ploenchit Road Lumpini, Bangkok 10330, Thailand
PMI Association Thailand Chapterinfo@pmithai.org