Receivables and payables are the two fundamental aspects to cash flow management. If you’re not in control of money coming in and money going out, you can’t stay in control of your business’ finances! In this lesson, Olga Sommer will help you discover the best ways to manage receivables and payables for your business.
WHAT YOU'LL LEARN
- The relationship, and difference, between receivables and payables
- The role these elements play in cash flow management
- Strategies to help you improve receivables and payables
This course is aimed at new and aspiring managerial staff looking for ways to optimize their business’ cash flow management.
Olga Sommer is the Director of Revenue for Nobu Hotel London.