Assign Working Capital Tracking Before the Proceeds Arrive

Fasty Funding’s latest article by Don McClain, Founder & Principal of Medro Advisors, sets out who should track working capital once it reaches the business. The responsible person reconciles proceeds, records approved uses, follows customer receipts and maintains the actual payment calendar alongside existing obligations. Supporting records distinguish intended spending from actual spending and expected collections from cash received. Regular cash reviews should identify material changes and the decisions requiring the owner’s attention. Tracking funds does not, by itself, authorize changes to their use or to financing agreements.

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