08168958821
EFFECTIVE CASH MANAGEMENT THROUGH ELECTRONIC BANKING
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 4,787 times
Delivery: Within 24 hoursBACKGROUND OF THE STUDY
The rapidly unfolding development within the information technology in recent times has led to resurgent calls for monies towards an effective cash management through Electronic banking (i.e. E-Banking). In the last few years, within the banking industry in Nigeria several commercial products were designed by banks to improve the qualities of services provided to customer. These products were also designed to meet the increasingly sophisticated needs of finance managers in a cross section or organizations operating in different sectors of the economy.
In recent years, these have been an evolution from paper transfer system and ordinary procedural cash management to an electronic transfer system and more secured and sophisticated cash management. There has been introduced, an increased sophistication in computer applications to cash management and in electronic funds transfer.
It is the responsibility of the finance manager to ensure proper management of a company’s account receivable and payable amongst other tasks. Improper management of these two important variables could result in losses arising from inability to take interest because of too early payments. Overdraft and loan interest charges could be incurred because of unnecessary working capital borrowings. The task faced with the finance manager is accelerating collections and showing a disbursement which is increasingly being done electronically.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
INVESTIGATING THE CHALLENGES OF AUDITING IN FINANCIAL INSTITUTIONS : A CASE STUDY OF INSURANCE COMPA...
INVESTIGATING THE CHALLENGES OF AUDITING IN FINANCIAL INSTITUTIONS: A CASE STUDY OF INSURANCE COMPANIES IN CAMEROON CHAPTER ONE INTRODUCTION Backgro...More »
Item Type: Project Material | 54 pages | 0 engagements |
- 2.
INTERNAL AUDIT: ASSESSING ITS SIGNIFICANCE ON THE PRODUCTIVITY OF INSURANCE COMPANIES IN CAMEROON
CHAPTER ONE INTRODUCTION Background of the Study Auditing plays a crucial role in guaranteeing transparency, accountability, and integrity inside orga...More »
Item Type: Project Material | 54 pages | 247 engagements |
- 3.
THE RELATIONSHIP BETWEEN EFFECTIVE CLAIMS MANAGEMENT AND THE GROWTH OF NIGERIAN INSURANCE INDUSTRY
THE RELATIONSHIP BETWEEN EFFECTIVE CLAIMS MANAGEMENT AND THE GROWTH OF NIGERIAN INSURANCE INDUSTRY CHAPTER ONE INTRODUCTION 1.1 Background of t...More »
Item Type: Project Material | 50 pages | 0 engagements |
- 4.
GOVERNMENT SUPERVISION AND CONTROL OF INSURANCE INDUSTRY IN NIGERIA PROBLEMS AND PROSPECTS
GOVERNMENT SUPERVISION AND CONTROL OF INSURANCE INDUSTRY IN NIGERIA PROBLEMS AND PROSPECTS CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Insura...More »
Item Type: Project Material | 60 pages | 0 engagements |
- 5.
THE BENEFIT OF HEALTH INSURANCE SCHEME ON THE AGED CITIZENS OF NIGERIA (A CASE STUDY OF ILORIN WEST ...
CHAPTER ONE INTRODUCTION 1.1 Background Of The Study Health services are judged to be unsatisfactory and inadequate in meeting the needs and demand...More »
Item Type: Project Material | 60 pages | 3,438 engagements |
- 6.
INVESTIGATION ON THE RISK ATTACHED TO USING E-NAIRA IN NIGERIA
INVESTIGATION ON THE RISK ATTACHED TO USING E NAIRA IN NIGERIA CHAPTER ONE INTRODUCTION 1.1 Background of the study Connection to the financial system...More »
Item Type: Project Material | 53 pages | 3,045 engagements |