With today's relatively high interest rates, inflationary trend, and declining public support to higher education, cash management programs are of interest to the academic business officer as well as the commercial businessman. Four areas in which the management of cash can be improved are: (1) speeding collections of cash; (2) delaying disbursements of cash; (3) concentration banking; and (4) investing idle cash. The use of an efficient cash management program can open a source of additional revenue for the institution without increasing expense. Useful management techniques are discussed and examples given of their success. (Author/MSE)