cash flow management
Ajit Samal
According to a study from Equifax, approximately 600,000 new businesses are launched each year in the United States. Of that, 66 percent survive two years, 44 percent survive four years, and only 31 percent survive for at least seven years. 81 percent of these companies could not survive due to inefficient cash flow management. Cash flow management is the process of monitoring, analyzing, and optimizing the gap between cash receipt and expense. Firms that don’t exercise good cash management may not be able to make the investments needed to compete, or they may have to pay more to borrow money to function. At ClearCycle, with our over 3 decades of financial management, product, and solution experience, we help our customers in managing healthy and efficient cash flow management.
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