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Journal : INTERNATIONAL JOURNAL OF SOCIETY REVIEWS (INJOSER)

MULTINATIONAL WORKING CAPITAL MANAGEMENT CENTRALIZED CASH MANAGEMENT, OPTIMIZATION CASH FLOW, AND INVESTMENT OF EXCESS CASH: APPROACHES SYSTEMATIC LITERATURE REVIEW Zulfikar Akbar; Malik Ibrahim; Fathullah Fathullah
INTERNATIONAL JOURNAL OF SOCIETY REVIEWS Vol. 2 No. 12 (2024): DECEMBER
Publisher : Adisam Publisher

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Abstract

This study aims to analyze working capital management in multinational companies, focusing on centralized cash management, cash flow optimization, and excess cash investment. In the context of multinational companies, efficient cash management is essential to ensure adequate liquidity, reduce dependence on external financing, and increase profitability. Centralized cash management allows companies to consolidate all funds owned and optimize cash flow across various branches or subsidiaries.Meanwhile, cash flow optimization is carried out through efficient cash cycle management, by accelerating receipts and slowing debt payments. Excess cash investment, which consists of funds not used in operational activities, is an important source for companies to increase returns while maintaining sufficient liquidity. This study also explores the application of technology in cash management, such as the use of artificial intelligence (AI) and integrated cash management systems, which enable faster and more accurate decision making in cash flow management and excess cash investment. The results of the study indicate that good cash management can improve operational efficiency and strengthen the financial position of multinational companies, with a positive impact on long-term performance. Therefore, the right working capital management strategy is essential for multinational companies to survive and thrive in a dynamic global market.
Co-Authors A.A. Ketut Agung Cahyawan W adawiyah Aeni, Melinda Sandra Agata Iwan Candra Agus Riyadi Ahmad Ahmad Ahmad Zaini Ahmad, Syukron Al Fachri, Khubaib Al Mamun, Abdullah Al Rasyid, Anggita Aulia Alamsyah, Sirhan Alkusaeri Alkusaeri, Alkusaeri Amelia Amelia Amrullah, Mohammad Ghaffar ANDRIANI, KIKI Anggraeni, Farah Nur Anggraini Lestari Anshori, Ahmad Maulana Ansori, Teguh Aslam, Akhmad Hafiddin Asri Aulia Azmi, Intan Azmul Fauza Bagas Naga Pratala Haryadi Bambang Sri Anggoro Bouaoune, Djihad Dadang Krisdianto, Dadang Dara Julana desventri etmy, desventri Dewi Pramita Dharojah, Rakhma Widya Dina Fadilah Dwi Handayani Dwifi Aprillia Karisma Eko Purnomo Emi Suhemi Endy Setyawan Fajar Istikhomah Farah Heniati Santosa Farid Ahmadi Farkhani, Moch.Hamim Fathullah Fathullah Habib Ratu Perwira Negara Habibi Ratu Perwira Negara Hafis, Ade Hajar, Baiq Siti Haliman, Nur Harun Joko Prayitno Haryanti Heniati Santosa, Farah Hertin, Hilda Hirmaliza Heru Sugiyono Hikami, Nuria Hilmi, Nuriah Hisbullah, Muhammad Ali Indriani, Noni Istikomah, Fajar Jarong, Koree Juliansyah, Rayhan Jumaini, Jumaini Karimah, Ikhwah Kharisma, Rizqi Sukma Kinanti Kartikasari Kusnul Khotimah Kusuma Wardana Lailata, Afida Lalu Moh Yuda Isnaini Lalu Muhammad Fauzi Lestari, Nadia Puji Lukman El Hakim Ma?ni, Raudatul Ma?rif, Erni Fatun Mahmudah Mahmudah Maiti, Misratun Makhfud Syawaludin Mamira, Adelia Maria Ulfa Masyruri, Masyruri Mas’od, M. Mochtar Mawarni, Aprilia Tri Mm, Zainul Lutfi Mochartini, Tri Moh. Ilham Farihi Mubarok, Anis Mubarrok, Muhammad Agus Wahid Muhamad Akrom Muhammad Asril Muhammad Gazali MUHAMMAD HARIS Muhammad Ikhwanul Reza Muhammad Luthfi Syaf Muhammad Qolbi Shobri Muhammad Syaifudin Muhammad, Hanifah Salma Mukhlisin, Latutik Muzdybayeva, Guldana Naila, Rahil Najlaa Khayyirah Alkhowarizmi Nila Hayati Nisfiyati, Mazruatun Nugroho, Endarto Adi Nur Addin Fatkunada Nur Aini Nur Azizah Nuril Endi Rahman Nurin Fitria, Halla Octaviola Prilia Ramadhani Pratama, Tio Puji Yanti Fauziah Purnama Sari Putra, Mochamad Dhimas Danindra Putri Salsabila, Fazira Putri, , Rizky Selvia Qomariyatus Sholihah Rahadi Reswara Rahmadani, Luqiya Suci Rahman, Nuril Endi Rahmani, Tafida Kayla Raisa Sabilla Rakhma Widya Dharojah Ramadhonah, Indah Siti Restu Pradana, Nanang Rian, Rian Riana Riana Riana Riana, Riana Rianto Rizal Angko Pratama Rody Satriawan Ronadzafira, Putri Rosida Rakhmawati Rosyidin, Muh. Khulafaur Sajitin, Aisyah Megananda Assa SALSABILA, ANNISA Saputri, Ferra Wulan Sari , Devista Sari, Putri Kumala Setefani, Fiki Adelia Setyaningsih, Yunika Isma Setyawan, Endy Setyawan, Sidiq Shofyatun Nufusita, Wahida Sidik Jatmika, Sidik Siti Nur Kholifah Siti Saroh Siti Soraya Sitti Marijam Thawil, Sitti Marijam Sofianiyatin, Lilik Solehah, Nuhsi Sugihartanto Sunardi Sunardi Susan Fariaton Syaharuddin Syarifuddin Syarifuddin Taufiqurohman, Taufiqurohman Trisnawati Trisnawati Tulus Warsito, Tulus uddin, Syahar Ulung Pribadi, Ulung Umaiya, Shiska Imadul Utama, Johari Vera Mandailina, Vera Wahab , Reza Abdul Wahid Mubarodin Wahidah, Widiya Nurul Wahidiah, Wahidiah Wahilah, Wahilah Walidaini, Nikmatul Waya, Nurul Izza Yusrizal Zaotul Wardi Zulfikar Akbar Zulhelmi, Zulhelmi Zulkhairi Sofyan