RSM International is a global top 10 network of international accounting and consultancy firms offering professional services, international corporate finance, corporate recovery, international tax and business advice services and forensic audits. These services are offered to companies in their own markets and internationally in over 70 countries.
| London | 21:00 | New York | 16:00 |
| Hong Kong | 04:00 | Tokyo | 05:00 |
| Worldwide time zones | |||
Did you know?
The Amazon River is the mightiest on Earth – 4.2 million cubic feet of water per second empties into the ocean at the mouth of the Amazon River. During the rainy season that number goes up to 7 million cubic feet per second. The Amazon is the 2nd longest river in the world.
Organisations of all types continually look for ways to accelerate cash flow, reduce short-term borrowing, and reduce the cost of borrowing and/or increase investment income. Our Cash Management Consulting offers a structured approach to help you maximize your use of cash. Effective cash management isn't just a matter of keeping idle funds invested. It also involves:
We tailor our approach to your specific needs, taking a systematic look at every link in your cash-handling chain in providing these services.
We look at the way you bill and collect, including examining your billing cycle to determine if the age of your outstanding accounts receivable exceeds industry norms. If you receive cash from several different locations, we'll determine if alternative procedures will minimise mail float. We also analyse deposit procedures and the location of the financial institutions you use to determine the potential for minimizing processing and clearing float.
We examine ways for you to monitor balances and forecast cash flows. We help analyse the need for additional banking services, and help you develop sound investment and debt management strategies that are consistent with your cash needs.
We analyse your disbursement system, including examining alternatives that could save you money. These alternatives may include zero-balance accounts and controlled disbursement accounts. We can also help you refine and streamline disbursement procedures to make bill paying as cost efficient as possible.