FORMATION AND DEVELOPMENT OF THE CASH FLOW MANAGEMENT SYSTEM OF THE AGRICULTURAL ENTERPRISE IN CONDITIONS OF FINANCIAL INSTABILITY

Анотація

This article examines the agricultural enterprise cash flow management system, the modeling of efficiency, and the diagnostics of the operations optimization and risk management system. The purpose of improving the cash flow management system was to provide effective solutions to business problems of Ukrainian agricultural enterprises. The cash flow management system is still in formation. In fact, there is no methodology for estimating the risks associated with cash flow management, and there is a need for scientific justification for optimizing cash flows. It is also necessary to improve the methodological support of the coordination mechanism of cash flows and use of investment and financial-credit resources of the agricultural enterprise. Seasonality of agricultural production, which influences the formation of cash flows of the economy, requires the creation of insurance stocks of funds and their equivalents, profitable their temporary investment in various financial instruments, the choice of the most effective ways of financing economic activity in the absence of own funds. A set of guidelines to increase the success rate of the agricultural enterprise cash flow management system is substantiated. A number of optimization strategies for increasing the profitability of an agricultural enterprise have been studied, and the economic benefits of them have been proposed. These scenarios were based on modeling performance in specific circumstances, increasing the reliability of the study. Finally, a number of risk management strategies aimed at improving the cash flow of an agricultural enterprise are reviewed. It is concluded that the use of advanced technical and economic tools can have a positive impact on how the manager manages the agricultural assets of the agricultural enterprise through the implementation of practically proven optimization and risk management strategy. The results showed that the key factors required for an agricultural enterprise to ensure a successful cash flow management system are: management and people; improving the structure of working capital; stakeholder support; a functioning market; marketing system; business development; the use of innovation and access to technology.

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