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Financial Management

Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise.

In other terms, Financial Management is the application of general principles of management to the financial possessions of an enterprise. Proper management of an organization’s finance provides quality fuel and regular service to ensure efficient functioning. If finances are not properly dealt with an organization will face barriers that may have severe repercussions on its growth and development.


Financial Planning Solutions: A Buyer’s Guide

INTRODUCTION The need for agility is growing. Organizations across industries are upgrading their financial planning solutions— and with good reason. Spreadsheets and legacy on-premise systems...

The Hidden Costs Of Static Planning That CFOs Needs To Know

INTRODUCTION As modern CFOs move beyond accounting to become business performance leaders, the awareness of missed opportunities caused by static planning processes has escalated. CFOs...

4 Ways to Save Money in Digital Operations

Introduction Challenging economic conditions have compelled organizations to seek out new ways to cut IT costs and drive operational efficiency without negatively impacting business-critical services....

Foreign Exchange Risk Management

The Rise of Volatility Never before have global companies been so exposed to currency market volatility and the risks associated with it. As supply chains...

MANAGING CASH FLOWS DURING A CRISIS

Introduction As COVID-19 continues to create uncertainty around the world, there is a long list of things that need to be done for managed service...

Building a Resilient Accounting Organization in a Time of Uncertainty

We’re all charting new territory in the midst of the COVID-19 pandemic, and learning how to navigate the uncertainty that has spread across the...

Measuring the Real Cost of Manual Accounting

There is much room for improvement in the office of finance. In a typical organization, we still see deep penetration by Microsoft Excel for...

Underpinning Innovation With Real-Time Payments

INTRODUCTION Real-time payments systems are proliferating around the world, with higher values and volumes together with greater cross-border connectivity. The industry is tasked with designing...

The Financial Automation Imperative

EXECUTIVE SUMMARY EVERYONE KNOWS AUTOMATION IS COMING We know we’re in the midst of a years long, revolutionary technology adoption cycle, but we don’t necessarily know...

Why Top Finance and Accounting Executives Are Prioritizing A/R Automation

For years now, automation has been finding its way into nearly every corner of business. With no shortage of apps and tools, many IT...
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