Cash Management
Cash management is an integral component of the University's financial activities. The objective of cash management is the efficient utilization of cash in a manner consistent with the overall strategic objectives of the University.
Our major objectives include:
Liquidity - Maintaining the ability to pay obligations when they become due.
Cash Optimization - Establishing systems and procedures that help minimize investment in non-earning cash resources while providing adequate liquidity.
Financing - Obtaining both short- and long-term borrowed funds in a timely manner at an acceptable cost.
Financial Risk Management - Monitoring and assisting in the control of the University's exposure to interest rates, foreign exchange, and other financial risks.
Coordination - Ensuring that cash management goals are communicated and integrated with the strategic objectives and policy decisions of other areas of the University that have an impact on cash flows.
