Global Finance Environment

Cash Management

FIN 486

Cash Management

Cash Management is a vital tool for the success of any company. In today's worlds it is important that companies pay close attention to the cash they are spending and receiving. Effective cash management can offer businesses stability, and it could make them more competitive. Big companies use these techniques and have demonstrated that they can be successful. One company that good with cash management techniques is Wal-Mart. Wal-Mart is one of the biggest retail companies in the world with more than 8,500 stores in 15 countries and sales of 258billion in 2009. In the following paragraphs the different cash management techniques of Wal-Mart will be analyzed and explained. Also with support of examples the effectiveness...