Idle cash

October 01th, 2015

How to get rid of idle cash

Idle cash is lazy money that lies on accounts you cannot use in a centralize manner. In practice, this cash is usually on the local accounts of the subsidiaries, outside of normal corporate accounts. Especially large companies may have huge sums of idle cash and minimizing it give a great opportunity to optimize your operating assets. The good news is that optimizing idle cash is relatively easy. In this entry, I will give a few hints to effectively decrease the amount of idle cash.
Timo Hämäläinen.png
Timo Hämäläinen
My name is Timo Hämäläinen and I am the CEO of Exidio Ltd. I have worked with the challenges of cash forecasting for the past 25+ years.