Financial management functions are essential for any business looking to maintain their financial health and achieve success. To put it simply, financial management is the process of overseeing an organization’s fiscal activities. This includes being responsible for developing strategies related to budgeting, managing funds, and investing in order to meet organizational objectives. It also involves tracking and analyzing financial performance, as well as monitoring and assessing risks. By having a comprehensive strategy in place for financial management, businesses can ensure that their finances remain healthy and stable in the long-term.