Refusal from the annual budget: how to choose alternative mechanisms of cash management

Stable and steadily growing financial and economic indicators of the enterprise are connected in many respects with its ability to timely form and effectively use cash flows. The relevance of the problem of cash flow management lies in the fact that with the difficult to predict a variety of factors affecting the formation of cash flows, the company is focused on the positive effect of cash flow management and interested in balancing the optimal cash balances, which not only saves on costs, but also increases the material well-being of the economic entity. Improvement of cash flow management methods provides the enterprise with additional financial resources, which leads to an increase in financial stability and economic security

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