Transformation of settlement funds under the influence of the digital economy

Monetary funds characterize the initial and final stages of the circulation of economic assets, the speed of movement of which largely determines the effectiveness of all business activities. Cash is the only type of working capital that has absolute liquidity, i.e. the immediate ability to act as a means of payment for the obligations of the enterprise. Cash flow management is an important factor in accelerating the company's capital turnover. This is due to a reduction in the duration of the operating cycle, a more economical use of own funds and a reduction in the need for borrowed sources of funds. Consequently, the efficiency of the enterprise depends entirely on the organization of the cash flow management system. This system is created to ensure the fulfillment of short-term and strategic plans of the enterprise, to preserve solvency and financial stability, to make more rational use of its assets and sources of financing, as well as to minimize the costs of financing economic activities.