General Inquiries

  • 1.  Cash Management Thoughts

    Posted 12-10-2018 14:20
    I am also researching another article, this one on Cash Management/Advanced Cash Management in Construction Companies.

    First and foremost, I like to have cash flow efficiency to be high on Leadership's radar.

    If that is the culture, I spend the effort to obtain a predicted cycle of collections vs actual collections, and the reason for any variances as a learning of an individual company's cash flow.  I have found this to unlock some opportunities for cash flow improvement that exist in that company. I have also found this to open cash flow dialogue among all departments and participants in the contract to cash cycle, and weave the importance of cash flow into the fabric of the company.

    Thoughts?




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    Joseph Harper CPA, CCIFP
    Cfo
    Greater Dayton Construction Group
    Beavercreek OH
    (740) 607-1449
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