Cash gains importance post-recession

11/23/2009 | CFO.com

Cash has become an important metric to measure and manage as companies rely less on credit, and finance managers are adapting by buying cash-management software to track their cash positions, according to this article. "Historically, this company used to have to wait for a monthly close to get a view on cash. But that's not quick enough anymore," says the CFO of luggage company Samsonite.

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