In today’s fast-paced business environment, firms continuously seek new methods to generate growth, improve revenue, and remain ahead of the competition. While many firms focus on expanding their product offerings or entering new markets, treasury management is an often overlooked profit center. Table of Contents What is Treasury Management?The Importance of Treasury Management for SMEsKey Functions of Treasury ManagementHow Cash Management Relates to Treasury ManagementIntroducing Syfe for Business
What is Treasury Management?
Treasury management is the strategic management of a company’s finances. It focuses on maintaining liquidity, optimizing cash flow, and reducing financial risks. Treasury management ensures a business stays financially healthy, especially in uncertain times.
The Importance of Treasury Management for SMEs
Effective treasury management ensures businesses have enough cash to cover operational expenses like payroll and supplier payments. It also optimizes surplus funds through strategic investments, enhancing profitability. By managing risks such as currency fluctuations and...