Establishing the Daily Cash Position

Published On:

October 18, 2023

Authored By:

APQC

Public Content:

Each month, APQC features a showcased metric (cost, productivity, efficiency, cycle time, or supplemental) from our Open Standards Benchmarking® financial management research. This article discusses a metric that examines the average cycle time in hours for an organization to concentrate cash and establish a daily cash position.

Type:

Articles

Topics:

Finance and Accounting, Cash Management, Planning, budgeting, and forecasting, Forecasting

Tags:

Key performance indicators (KPIs)

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