Cash management is essential to the survival of any organization. Managing an organization's financial operations requires knowledge of economics and ways to maximize revenue. For any organization to operate on a daily basis, adequate cash flow is necessary. Without cash management, the organization will be unable to operate as there will be no cash available in the event of inconsistencies in the market. Cash flow is also necessary to maintain the cycle of business operations. Many organizations have maximized their use of cash through effective cash management techniques and the use of short-term financing. This article will discuss various cash management techniques and short-term financing methods used by organizations. Cash Management Techniques There are many techniques used to manage cash flow, including the nature of asset growth, asset control, financing models, financing decision, a decision process. and changes in asset structure. For any business, growth in assets translates into growth in wealth if managed effectively. The typical business generally forecasts the sales rate to ensure that the production of goods matches the sales so that there is no inventory overflow. As a business grows and produces more items, it acquires permanent current assets. Permanent current assets can be described as a constant inventory of items because it is almost impossible to predict the market and consumer demands. In order to facilitate asset growth, a company must control its assets by matching production and sales. To manage sales and production, organizations “employ level production methods to smooth production schedules and efficiently use labor and equipment at lower costs” (Block & Hirt, .... .. middle of paper ...... ting in hedging Activities in the financial futures market allow companies to reduce the future risk of rising interest rates By participating in the financial futures market, companies are in. able to trade financial instruments now for a later date (Block & Hirt, 2005) Maintaining a company's financial position Cash management and short-term financing techniques provide accounting managers with the tools necessary to survive. to constant changes in the economy The combination of these tools and knowledge of the global economy will help businesses maintain their current assets and facilitate growth.ReferencesBlock, SB and Hirt, GA (2005). Fundamentals of Financial Management (11th ed.) McGraw-Hill.McHugh, JM, McHugh, SM, & Nickels, WG (1999). Understanding business. (5th ed.). New York: McGraw-Hill.