Penerbit Buku Muslim, Dapatkan Diskon Special

How to Manage Financial Operations and Business Deals

The management of financial operations and business deals involves handling all aspects of accounting, budgeting forecasting and reporting. This involves recording and analyzing daily transactions to perform the financial close each month and compare actual expenditures to budgeted figures, and ensuring compliance with auditing and tax requirements. It also includes establishing policies to assess creditworthiness, bill customers frequently and collect the payments on time to manage accounts payable. Financial management is a means for leaders to gain insight into their current performance and plan future investment plans.

The purpose of finance operations management is to move cash efficiently through a company by acquiring raw materials and other goods for production to selling the finished product to customers, then the balance of accounts receivables is achieved by paying vendors and settling outstanding invoices. It’s a complex process that requires the right system to manage. Tom clarifies technical language to aid businesses in understanding how technology can be used to increase productivity and profits. He was previously an independent film critic incremental budgeting advantages and disadvantages and freelance writer in Melbourne and Berlin.