Financial companies storm, manufacturing companies run, Internet companies go bankrupt When a series of tragedies are staged in front of us, some people see the weakness of human nature, and some people see the huge omissions in the process from enterprise management to financial management. An enterprise, such as human body, wants to operate normally and healthily, capital is blood, financing and sales are blood, operation is function, credit is constitution The financial management of enterprises is undoubtedly an important domino in the management of many enterprises. Once it falls down, it means that the enterprises will have a chain run. Therefore, enterprise financial management has become one of the core of enterprise management. In this case, you can follow the editor to understand the content of enterprise financial management?
Never underestimate the financial management of an enterprise. It is not just a department’s work, but a systematic management work, mainly including: investment management, financing management, working capital management, cost management and income and distribution management. These five financial management contents complement each other. To build up the necessary link of enterprise value creation is more important to ensure the healthy development of enterprises and realize sustainable growth.
First look at investment management, including the purchase of fixed assets and intangible assets, as well as the purchase of stocks, bonds, mergers and acquisitions. Before investment, financial management needs detailed data analysis so that decision makers can make correct decisions and avoid blind investment affecting the stability of financial structure. What is financing management? It’s also the financing management that we usually hear about. How can enterprises without money start and operate normally? Therefore, it is the key to restrict the normal operation and future development of enterprises.
The third content is the management of working capital. Its value and significance lies in the reasonable management and control of the capital and the efforts to improve the efficiency and effect of the use of working capital. Effective management and control of funds requires real-time monitoring of budgets and expenditures, and can no longer be liquidated afterwards, which is seriously lagging behind. With regard to cost management and income and distribution management, every enterprise is shouting for cost reduction and energy conservation. That’s what it says, but not much is really achieved. Because the cost control is very detailed, throughout the whole process of enterprise activities, permeated in every link of financial management. Once the management is not good, it is easy to waste resources.
Finally, as for the content of income and distribution management, the status and distribution plan of any enterprise are very important. Mencius cloud: do not suffer from oligopoly and uneven. That’s the reason, so this content has a relatively high technical content, too high will affect the investment ability of enterprises, too low to mobilize the enthusiasm of employees, and scale is the key.
There is a saying on the Internet: I have heard a lot of truth, but I still have a bad life. It may be the same with regard to the financial management of enterprises. No matter how many financial classics you read and how many financial cases you have analyzed, in the end, it is still time to know. No company has the same financial status as your book. The best financial management depends on practice, but it doesn’t mean that we need to feel the stone all the time. With the help of advanced management and modern technology, we can achieve high-quality financial management and control. Today, many of the world’s top 500 popular SAP ERP financial management solutions or solutions can very well help enterprises solve problems and achieve efficient operation of financial management. This is a kind of intelligent and effective means for financial management of enterprises. For a more comprehensive understanding, consult acloudear – SAP gold partner.
This article "What are the contents of enterprise financial management?" by AcloudEAR. We focus on business applications such as cloud ERP.
Scanning QR code for more information