Proposal of procedure for cash management in the Granma Tobacco Business Group

Abstract

As of the present moment money managing TABACUBA plays a fundamental role in the entity's overtaking; because it constitutes an aspect of vital importance to maintain the liquidity. The utilization of scientific methods to know the external financing requirements allows the executives planning ahead like to refuel of cash with the minor possible cost. There are exposed authors' criteria of bigger relevance on the money managing like important part of the administration of the Working Capital in investigation, it chases like objective to design a procedure to make perfect the money managing at the selected entity, that you take implicit techniques like the financial economic analysis, the cash flow, the determination of the optimal minimum account of cash to use in a determined period and come to an end with the budgeting of cash with monthly periodicity and his evaluation from the point of view of risk.