Managing a company's liquidity, cash flows, and banking relationships.
cash management – the process of managing cash flow.
bank reconciliation – a process of matching the balances in an entity's accounting records with the corresponding information on a bank statement.
electronic funds transfer (EFT) – transfer of funds from one bank account to another via electronic means.
lockbox service or lockbox – a service provided by banks to process payments received by a company.
treasury management – overseeing the financial assets and holdings of a business.
liquidity management – ensuring a company can meet its short-term obligations.
positive pay – an automated fraud detection tool offered by banks.
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notional pooling – a cash management arrangement that balances the credit and debit positions of multiple accounts.
remote deposit capture – the ability to scan checks and transmit the scanned images to a bank for posting and clearing.
Jakub Marian