Cash is the most important

Cash is the most important resource any company has, so proper management is crucial for the proper and efficient operation of the same.

Cash is what allows the company to invest, buy assets, goods, raw materials, payroll, payment of liabilities, etc.

The company must maintain sufficient cash available to meet their basic needs, as well as having the capacity to build any additional cash needs.

The proper planning and projection of cash flow necessary for the proper functioning of the company, is a very important tool to maximize resource utilization.

Must be careful not to have excess cash, since this over time loses its purchasing power, therefore, any excess cash should be spent quickly to avoid erosion of their purchasing power, and to ensure profitability appropriate these resources.

This necessarily requires a realistic projection and precise inputs and outflows, since at all times the company must know the exact amount of cash that has or will have in the short term in order to project the investment of any excess resulting cash in a given period.

The money available in cash in checking or savings does not generate a profit, so far as possible there should be no money in these media, because as already stated, the only thing you get is losing its purchasing power over time you are in that state.

Estas son tres labors importantes de la gestión de efectivo

Monitorear la situación de efectivo

Administrar el balance de efectivo

Administrar el riesgo, liquidez tazas y cambios.

A pesar de esto un grupo como AG tiene un dimensión diferente en la gestión de efectivo ya que son responsables por:

La posición de efectivo del grupo y de sus filiales.

Centralizar el balance de efectivo

Calcular y monitorear todo tipo de indicadores.

La gestión de efectivo no puede limitarse por sí misma a las técnicas de administración, debe especializarse de la mejor forma a los flujos financieros de la Organización. En donde convergen las decisiones de inversión de los altos ejecutivos, la circulación de información financiera, establecimiento de estrategias. Además la gestión de efectivo es responsable por:

Part of excess cash, you must fill in short-term investments that allow quick retrieval in case of urgent need for it, since it is not wise to expose the company to a possible shortage of cash to pay for contingencies, which submitted and not having the necessary cash, one must resort to borrowing, which undoubtedly represents a financial cost that often exceeds the return on investment in the short term.

This implies that there must be a proper balance in cash management. There should be no more than necessary, since it involves loss of purchasing power and represents a significant opportunity cost. Nor can there be less than necessary since in emergencies

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