Several strategies can be employed to optimize cash flow in epidemiology: - Diversifying Funding Sources: Securing funds from multiple sources such as government grants, private donations, and international organizations to reduce dependency on a single funding stream. - Efficient Resource Utilization: Ensuring that resources are used efficiently to minimize waste and maximize impact. This includes optimizing personnel deployment and resource allocation. - Timely Invoicing and Collections: Ensuring that invoices are sent out promptly and payments are collected on time to maintain a steady cash flow. - Negotiating Payment Terms: Working with suppliers and contractors to negotiate favorable payment terms that align with the cash flow cycle.
