Cash management can be enhanced using a process where payments and receipts between affiliates are recorded but the actual transfer of funds involves net amounts only for amounts owed between affiliates.The system is known as

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The system being described is multilateral netting, where payments and receipts between affiliates are recorded but the actual transfer of funds involves net amounts only for amounts owed between affiliates. This helps to streamline and simplify the cash management process. Centralized cash management refers to consolidating cash management activities within a single entity or department. Lagging accounts payables and leading accounts receivables refer to strategies for managing cash flows by delaying payments to suppliers or accelerating collections from customers, respectively.

Cash Management Can Be Enhanced Using a Process Where Payments