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Cash management involves optimizing the use of cash in a business to ensure liquidity and maximize returns.
Cash management involves monitoring, analyzing, and controlling a company's cash flows.
It includes managing cash balances, forecasting cash needs, and investing excess cash.
Effective cash management helps improve liquidity, reduce borrowing costs, and increase profitability.
Examples of cash management techniques i...
Trade finance involves providing financial instruments to facilitate international trade transactions.
Trade finance includes services like letters of credit, trade credit insurance, and export financing.
It helps mitigate the risks involved in cross-border trade by providing payment guarantees to both buyers and sellers.
Trade finance can also involve supply chain financing to help streamline the flow of goods and paymen...
Switching from credit card to airlines for better travel rewards and perks.
Airlines offer specific travel rewards and perks that credit cards may not provide.
Accumulating airline miles can lead to free flights, upgrades, and other travel benefits.
Some airlines have partnerships with hotels, rental car companies, and other travel providers for additional perks.
Credit card rewards may not be as tailored to frequent trave
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