Concentration Banking is a cash management strategy where a company consolidates funds from multiple accounts into a central account, enhancing liquidity and control over cash flow. This method streamlines the management of funds, reduces banking fees, and optimizes interest earnings. Concentration banking is particularly beneficial for organizations with numerous branches or subsidiaries. It is a key component in efficient treasury management.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
