Cash Management
en studie av netting som verktyg vid likviditetshantering
Background: Liquidity and the management of liquidity are of great importance for companies. Cash management is not a new term, but the need for it has increased recently, for one thing because of the internationalisation and growing harmonisation between the countries in Europe. Netting is a cash management technique, where receivables and liabilities are netted. This technique can be used to release capital and increase the company?s cash flow by reducing the number of transactions in the internal payment system. Purpose: The purpose of this thesis is to study and describe the idea of netting, and to examine how netting can be used as a cash management tool. Method: The study is based on literature as well as personal interviews with co- workers at the case company. Result: Netting leads to a reduction in internal payments and hence a reduction of the transaction volume. Some conditions must however be fulfilled in order to make the implementation of this technique profitable. Among other things, the company?s internal transactions must be of considerable proportions.