Learn more about common financial (and startup) terms here. To learn more about Pilot, fill out the form below.
Cash management refers to the process by which a business manages its financial operations, including collecting receivables, managing payments, and ensuring liquidity. It's essential to the financial health of a business and ensures that the company can meet its obligations.
In more detail, effective cash management involves tracking a company’s cash flow – where money is coming from, where it's going, and when – to ensure that the business always has enough cash on hand to cover expenses. It also includes investing idle cash efficiently and negotiating good payment terms with suppliers and customers. In the startup world, cash management is crucial as it can be a matter of survival, especially in the early stages when the company is not yet profitable.
Pilot provides bookkeeping, CFO, and tax services for literally thousands of startups and growing businesses. We've successfully processed over 10 million transactions for our customers and have unparalleled expertise when it comes to helping businesses succeed.
We're the largest startup-focused accounting firm in the United States, and we'd love to help you. To talk to an expert on our team and find out what Pilot can do for you, please click "Talk to an Expert" below, or email us at [email protected].
Get the peace of mind that comes from partnering with our experienced finance team.