Financial Management System
Company -based financial management system to support business managers and practitioners in decisions relating to (1) business and finance (2) the allocation and control of financial resources within the business. The main categories of financial management systems include cash and investment management, capital budgeting, financial forecasts, and financial planning. The financial needs of a business and analyze a variety of alternative methods of finance. Financial analysts, using financial forecasts relating to the economic situation, business operations, different types of finance available, interest rates, and stock prices and bond to develop a financial plan that is optimal for the business. Electronic spreadsheet software package, DSS software, and Web -based groupware can be used to build and manipulate financial models. Various answers to the question what-if and goal-seeking can be explored when financial analysts and financial managers evaluate various alternatives and their investments. I will discuss in future posts.