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Improving your Cash Management

  Join our comprehensive course designed specifically for international school finance team members! Gain invaluable insights into the intricacies of managing the school cash cycle, navigating the impact of enrollment fluctuations, and effectively handling forex uncertainty.

Discover the importance of accurate forecasting and master the art of preparing and managing budgets to optimize financial performance. Learn where to identify and plug leaks in your financial systems and why implementing a robust collections policy is crucial for financial stability. Explore strategies for negotiating favorable payment terms with vendors and fostering collaborative approaches to budgeting and financial decision-making.


By the end of this course, you'll have the tools and knowledge to cultivate a culture of financial responsibility among staff and stakeholders, ensuring the long-term success of your international school. Don't miss this opportunity to enhance your finance skills and drive positive financial outcomes for your school!

Course Content

  1. Understanding the School Cash Cycle:

    • Overview of the cash flow process within a school environment.

    • Identifying key components and stages of the cash cycle.

    • Analyzing the flow of funds and its impact on financial stability.

  2. Dealing with Forex Uncertainty:

    • Understanding the effects of foreign exchange fluctuations on financial operations.

    • Developing strategies to manage currency risk and minimize exposure.

    • Exploring hedging techniques and financial instruments to mitigate forex uncertainty.

  3. Importance of Forecasting:

    • Recognizing the significance of accurate financial forecasting in school management.

    • Techniques for conducting effective financial forecasts to anticipate future cash flows and resource needs.

    • Utilizing forecasting tools and models to support informed decision-making.

  4. Identifying and Addressing Financial Leaks:

    • Strategies for identifying inefficiencies and areas of financial leakage within school operations.

    • Implementing measures to plug leaks and optimize resource utilization.

    • Case studies and real-life examples illustrating common sources of financial leaks and their remedies.

  5. Developing a Robust Collections Policy:

    • Understanding the importance of a well-defined collections policy for maintaining healthy cash flow.

    • Designing and implementing effective procedures for invoicing, billing, and collections.

    • Tips for handling overdue payments and minimizing bad debts.

  6. Negotiating Favorable Payment Terms:

    • Techniques for negotiating favorable payment terms with vendors and suppliers.

    • Maximizing discounts, incentives, and credit terms to optimize cash flow.

    • Strategies for building strong vendor relationships while safeguarding the school's financial interests.

Course Facilitator

Mark Temperley

Who should join this course

International School Business and Finance Managers

Course Logistics

Course online Meeting: 5 June 2024

Timing: Wednesday, 13:00 CET

 Duration: 90 minutes

Cost: USD 100

This course is an online course, where participants will have access to instructional materials through our learning management system and attend an online zoom meeting for further collaborative and peer to peer learning.

Maximum participants for this online webinar is 20 only. Register now!

Registration is not complete until payment has been received by Sage Consultancy.

Registration Deadline: 14 May 2024

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