Abstract
ABSTRACT Independent producers are under increasing pressure to seek out every available dollar of internally generated cashflow from otherwise idle assets or premature financial obligations. Many petroleum companies can better manage their existing operations to improve their performances through cash management, updated collection policies, cash processing and disbursements, short term investments, and more accurate planning. Using the analytical capabilities of micro-computers, examples of the benefits of applying financial management techniques are illustrated in terms of increased working capital, added profitability and strengthened cashflow.
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