TREASURY MANAGEMENT IN SMEs OF RIOHACHA D.E.T.C.: CASE OF COLLECTIONS MANAGEMENT

Abstract

The objective of the investigation was to determine the treasury management in the SMEs of Riohacha D.E.T.C, specifically the collection management. Methodologically, it has a positivist paradigm, a quantitative approach, a descriptive type with a non-experimental, cross-sectional field design. The population corresponds to 15 administration and finance coordinators of the SMEs of Riohacha D.E.T.C. A questionnaire of sixteen (16) items was applied, with a scale Always (5), Almost Always (4), Sometimes (3), Almost Never (2), Never (1). The reliability was 0.87. The results show that these companies establish collection policies based on credit sales, respecting the fundamental principle of finance. Concluding that companies have a policy to retain their customers, through favorable credit conditions, which allow them to extend their demands.