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What is the best way to control cash flow in small firms?

Cash Flow Cash Flow Management
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Question added by Hatim Elhag , Account Manager , First Telecom Factory
Date Posted: 2013/06/30
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Raja Meziou

enhance the credit control to reduce DSO at maximum level

Olayinka Olaiya
by Olayinka Olaiya , Group Accountant , IROKO PARTNERS LIMITED

My advice from experience is to have a cash projection on a monthly, weekly and daily basis and ensure everyone in the organization is made to understand no payment will be made outside the plan.

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