In times of economic turmoil, effective financial management helps to save the company from bankruptcy and get it back on track to profitability. Financial management involves analyzing and planning the company's finances to ensure that financial challenges are addressed. These include liquidity management, cost control, budget planning and raising capital.
Careful monitoring of finances can increase income, cut spending, and reduce debt.
If a company does not have an adequate controlling system, it can be difficult to keep an eye on the company's financial situation, identify risks and take appropriate measures.
Which stakeholders are interested in financial corporate governance?
Whether it's #Investor #Geschäftsführer #Finanzverantwortlicher or #Treuhänder, Money Key is the ideal controlling tool.
