Corporate Cash Management: Third Edition

Author: Steven Bragg


Book Description
The proper management of cash is an essential part of business operations. Corporate Cash Management provides an essential framework for the development and operation of a cash management system. It does so by showing how to forecast cash flows, which can then be used as the basis for a campaign to enhance the inflow of cash to the organization. The book also notes the systems used to collect, concentrate, invest, and disburse cash, as well as the supporting controls and measurements needed to monitor these systems. It also covers the related topics of fundraising and risk management. In short, Corporate Cash Management is a useful tool for developing a comprehensive system of cash management. [256 pages]

Table of Contents

Chapter 1. Introduction to Cash Management

Part 1 - Information Aggregation
Chapter 2. The Cash Forecast
Chapter 3. The Bank Reconciliation
Chapter 4. Cash Management Information Requirements 

Part 2 - The Management of Cash
Chapter 5. Cash Receipts
Chapter 6. Cash Concentration Systems
Chapter 7. Types of Payments
Chapter 8. Working Capital Enhancements
Chapter 9. Investment Alternatives
Chapter 10. Debt and Equity Funding
Chapter 11. Credit Rating Agencies
Chapter 12. Clearing and Settlement Systems 

Part 3 - Risk Management
Chapter 13. Foreign Exchange
Chapter 14. Interest Rates

Part 4 - Cash Management Administration
Chapter 15. Cash Management Controls
Chapter 16. Cash Management Metrics

Corporate Cash Management is a vital reference for current treasurers, as well as an important learning tool for all financial professionals to ensure a strong understanding of the complexities, processes, and controls surrounding the entity’s life blood – its cash flow.  The management of cash is critical to an entity’s success. - Barrett Peterson, CPA, Manager, Accounting Standards, Procedures, and Analysis, TTX

I found Corporate Cash Management: A Treasurer’s Guide to be a valuable asset in reengineering our treasury and cash management department.  The practical guidance provided by Steven Bragg is essential to understanding the role of a cash manager in the treasury department, establishing effective internal controls, and streamlining various processes.  Corporate Cash Management has provided us a solid foundation to develop a better forecasting model and tips for more efficiently managing a cash concentration system.  Steven Bragg has a rare and unique talent to translate the accounting and finance world into a usable and informative narrative.  This is a highly recommended reference work. - David F. Swanson, Acting CFO, Semper Fit and Exchange Services Division, U.S. Marine Corps

Is your company working for money, or is your firm’s money working for you? Mr. Bragg clearly and concisely explains effective cash management protocols and activities that will translate into a better-run organization. Balancing daily cash balances, liquidity for cash inflows and outflows, and appropriately timed investment opportunities can be daunting tasks for the staff accountant. This book, as a study guide or refresher, will help even out the swings while ensuring sufficient controls and making sure that your money works for you every day. - Ken Koch, CEO, Business Resource Management, Inc.

Cash truly is king when it comes to managing a business and Mr. Bragg has done an excellent job of covering the mechanics and complexities of effective cash management.  I recommend you read Corporate Cash Management to better understand one of the biggest challenges in corporate finance today. - Wray Rives, CPA CGMA

Cash management is a critical topic in any arena today, cash is king in any organization and is often the most overlooked in conventional asset management terms.  Corporate Cash Management bridges the gap between academic intangible rules and practical process-driven rules, and is presented in a methodical walk-through format.  The book is less conceptual and more rule-driven, to be used by anyone whether consultative, banking, leadership, business analysis, etc. - John Herndon, Adjunct Professor, Cal. State University