PyCaMa: Python for cash management

TL;DR

PyCaMa is a Python module that uses linear programming to help companies optimize cash management policies across multiple bank accounts, balancing cost and risk effectively.

Contribution

It introduces PyCaMa, a novel Python tool for multiobjective cash management optimization using linear programming, addressing a complex decision-making problem.

Findings

Provides optimal cash management policies balancing cost and risk.

Enables multi-account cash management optimization.

Facilitates decision-making in corporate cash management.

Abstract

Selecting the best policy to keep the balance between what a company holds in cash and what is placed in alternative investments is by no means straightforward. We here introduce PyCaMa, a Python module for multiobjective cash management based on linear programming that allows to derive optimal policies for cash management with multiple bank accounts in terms of both cost and risk of policies.