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Cashflow Monitoring

Cash flow management is the process of planning, tracking, and controlling the movement of cash in and out of a business. It involves forecasting future cash needs and ensuring that there are sufficient funds available to meet these needs, as well as managing any excess cash in a way that maximizes its value. Cash flow management is an important aspect of financial planning and can help a business to stay financially stable and avoid financial challenges, such as bankruptcy or default on loans. Some common strategies include forecasting cash flow, reducing expenses, increasing revenue, and optimizing the timing of payments and receipts.