n IMFO : Official Journal of the Institute of Municipal Finance Officers - Legacy of cash management in local government




Extracted from text ... IMFO ? Summer 2005 12 Many articles on managing debtors and collecting arrears to improve cash inflows have seen the light, but very few of these get to the heart of any organisation's cash management strategy or plans which have their origin in the budget and the setting of tariffs. The financial prosperity of any organisation lies in its ability to understand the costs associated with the product it delivers or the services that are rendered. The organisation must further understand its customer base as well as the ability that the customer has shown to pay for those services. In ..


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