Business Agreements

Cash Management Agreement

October 3, 2012 by agribusiness in Business Agreements with 0 Comments
Cash Management is also referred as the treasury management. This is an ardent marketing term used for offering covetous services to different business clients. The services are all related to financial management like zero balance accounting, cash concentration or even automated clearing house service. Private companies offer these services to large business customers. While providing these services, a legal binding documentation is enclosed between the service provider and the client and this legal document is termed as cash management agreement.

Certain conditions and terms are facilitated in this agreement by both the parties like the duration of bonding between the companies, financial management techniques used, payment mode and amount to be paid, level of services and accuracy in work required etc. Any failure in the implementation of any agreement condition leads to a legal jurisdiction in accordance with the federal state laws.

Hence cash management agreement acts as a protective shield for both the parties while working together to accelerate the financial techniques for better cash management of the company.

Cash Management Agreement

Cash Management Agreement

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