Cash disbursements: How to minimize cash output

Reider, Rob

doi:10.1002/jcaf.20445

Cited by 1 publication

(5 citation statements)

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“…The donor will evaluate this and then approve the release of a certain amount of funding (Keng'ara, 2014). As Reider (2008), cash disbursement systems can be managed in many ways to control cash outflows and save money on interest-taking accounts for as long as possible. An analysis of these three disbursement theories is shown:…”

Section: Cash Disbursement Theorymentioning

confidence: 99%

“…However, this system removes money from interest-bearing chances before their actually being need to cover the written checks. The safety in it comes with a price (Reider, 2008).…”

Section: 1 Prefunding Systemmentioning

confidence: 99%

“…The danger, of course, is inaccurate prediction, which can cause the possibility of bounced checks. This approach should be selected only after thorough analysis and careful consideration (Reider, 2008).…”

Section: Estimated Fundingmentioning

confidence: 99%

“…The company's use of float has been increased, the company's money remains in the interestbearing form for a longer period of time, and it is possible that the bounced checks or dishonoured checks will be completely removed. The company's bank may demand money for this service, which may deduct part of the savings, and the company may need to protect itself from potential over-draft or other borrowing possibility to cover potential shortfalls (Reider, 2008).…”

Section: Controlled Disbursement Fundingmentioning

confidence: 99%

“…Use of the disbursement float is not illegal, but cash must be readily available when they are presented to the bank for payment for covering the checks. While deciding on the method of how company's cash disbursement system, the review team needs to keep in mind the company's goals and policies regarding disbursements-that is, using the float to benefit the company and to make payments payable when it is presented, not when it is written (Reider, 2008).…”

Section: Controlled Disbursement Fundingmentioning

confidence: 99%

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Challenges of BFIs in Cash Transfer Program to Earthquake Affected Victims: Lessons from Nepal’s Earthquake 2015

Karki¹,

Lamsal²,

Bhusal

2021

Int. Res. Jnl. MMC

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The government of Nepal successfully managed the post-earthquake housing reconstruction and rehabilitation endeavours in the aftermath of Nepal’s earthquake 2015, where more than 800,000 Earthquake affected households were identified as beneficiaries and provided financial assistance to build their house. The purpose of this research is to explore the challenges faced by the Banks and Financial Institutions (BFIs) during the cash grant distribution procedures for the earthquake beneficiaries. This paper is prepared to explore the Government of Nepal’s private housing reconstruction initiatives as an effort to cope with the post-earthquake reconstruction and rehabilitation works and the role of BFIs in disbursing of the government’s conditional cash transfer program to the identified earthquake beneficiaries. The study had collected data from 16 BFIs where 53 respondents participated in the study. It is based on the qualitative design because structured interview was conducted to collect the data. The findings show that private housing reconstruction endeavours focusing on the cash transfer programs of the GoN were more effective, where 99% of the beneficiaries received the 1st Tranche as of June 2021. Though, there were several challenges shared by the respondents during the grant transfer mechanism such as human resource management, lack of financial literacy and understanding of bank-related services, lack of adequate coordination among the concerned stakeholders, merger and acquisition of BFIs, beneficiaries’ ownership/nominee transfer, cash management, mismatch of the beneficiaries name, and reconciliation and data verification.The study would be crucial to learn important lessons from Nepal’s post-earthquake reconstruction for future disaster resilience activities

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Section: Cash Disbursement Theorymentioning

confidence: 99%

“…However, this system removes money from interest-bearing chances before their actually being need to cover the written checks. The safety in it comes with a price (Reider, 2008).…”

Section: 1 Prefunding Systemmentioning

confidence: 99%

Section: Estimated Fundingmentioning

confidence: 99%

Section: Controlled Disbursement Fundingmentioning

confidence: 99%

Section: Controlled Disbursement Fundingmentioning

confidence: 99%

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