Information systems have developed along the supply chain to support logistics management in all types of industries. Most of this effort has been focused at reducing the levels of working capital by increasing the efficiency of information flow from market to raw materials suppliers. Similar...

The following article discusses the importance of effective cash management for private as well as public sector organizations. The study pays special attention to the management of government cash flow, which represents an integral part of strong public finance management. Going forward, the...

In this paper, the focus lies on the way the German government spends, how it spends and what the connection between finance ministry and central bank is. The institutions involved in the process are identified and discussed. As a member of the Eurozone, Germany's national central bank is not...