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Hospitality Financial Leadership – The Top 10 Cash Controls

April 18, 2024

Cash is King. That’s an old expression but it’s also one that still rings true today. Everyone likes cash even if we don’t carry so much with us personally anymore. It’s important to recognize that some people will help themselves to your cash if you let them. That might sound extremely clinical and you’re right it is, but it’s also a fact. The only way to minimize your risk is to have a set of controls in place to keep honest people honest and the less than trusty, on their back foot.

That’s what this piece is all about – keeping more of what’s yours and making sure it’s properly controlled. Cash controls are not complicated, but they need heightened awareness and a constant effort to be effective.

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