It is the management of cash, currency, fund, bank and financial risk. Therefore, it is an imperative tool of finance. In this management, finance manager ensures the cash inflow and outflow. He creates the list of all receivable amounts that will raise treasure house of company. He too tracks the dates in which he has to receive the fund from debtors. Beneath this management, he estimates all financial risk for the investment of cash. All investment is on the base of investment policy. Most of the organizations have separate treasury department. When company deals with foreign currency, then the management of foreign currency risk is the responsibility of treasury department.
In government departments, fund management is below treasury management. Treasury department builds map to collect for govt. treasure and decide how to utilize it for welfare works. Finance manager builds good relationship for getting locker facility at cheap rates and company can keep its significant documents in locker of banks. Such documents and commercial papers can be sold by banks in money market and company can join in money market by indirect manner. Finance manager as well do the duty to sell company’s fixed assets at high price and he also obtain the properties for company at cheap rate for efficient use of treasure of company.
Latest technology based Finance Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Finance help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Finance, project ideas and tutorials. We provide email based Finance help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Finance. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Finance Homework help and assignment help services. They use their experience, as they have solved thousands of the Finance assignments, which may help you to solve your complex issues of Finance. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!